The following bank service fees will be adjusted effective May 6, 2023.
Services/Transactions | From | To |
---|---|---|
Bank Certification | Php 200 | Php 300 |
Safekeeping of Loan Documents | Php 500 after 90 days from date of notice + Php 500 for every 365 days thereafter | Php 1,000 after 60 days, Php 2,000 after 180 days |
Loan Take Out | Php 5,500 | Php 15,000 |
Cancellation of Mortgage | Php 500 | Php 800 |
Second Release of Cancellation of Mortgage | Php 500 | Php 5,000 |
Clearance of Encumbrance from Collateral (excluding actual RD and LTO fees) | Php 4,000 | |
Collateral Delivery | Php 200 | Php 1,000 |
Bayanihan Adjustment | Php 2,000 | |
Voluntary Redemption “Storage Fee" | Php 2,000 | |
Loan Modification Services (Change Collateral, Rate Change, Restructuring, etc.) | Php 3,000 for all except: Change Due Date – Php 500 Restructuring – Php 5,000 | Php 5,000 |