IMPORTANT ADVISORY: FOR ROPA INSTALLMENT BUYERS

With the extension of Enhanced Community Quarantine (ECQ)/transition to Modified ECQ for NCR until May 31, 2020, ROPA buyers will now have two and a half (2.5) amortizations that are deferred.

Following the Bayanihan Act, the Bank will accrue interest on the outstanding principal. The accrued interest will be billed thirty (30) days after the original due date together with one (1) month amortization. Customers may opt to spread the payment of the accrued interest over the term of the SCR contract / loan. The remaining amortization periods will adjust by the corresponding months. The final maturity will also adjust by the number of days deferred. Customers who elect to update their loans according to their original amortization schedule may do so and shall not be billed additional interest.

The Bank will resume processing of the ADA and the PDC on June 3, 2020 (for deferred payments due on June 1 to June 3) to give the buyers sufficient time to fund their accounts.

For any inquiries, please call our Sales Contract Receivable Unit:

Joel Dela Cruz: (0917) 893 9131
Nicole Arayon: (0917) 627 9362
Leo Mesa: (0912) 806 0989
Patrick Santos: (0995) 463 5170
Jansen Alvarado: (0977) 239 3087