How to be a member of KBMPC?
Just go to the office of Kabalikat in Paseo del Congreso, our staff will give you the Application Form that you need to fill-up. Don’t forget to bring 2 pcs of 2 x 2 ID Picture; Latest Utility (Meralco) billing and photocopy of any Government Issued ID.
How much is the fee to be a member of KBMPC?
- Associate Members
Savings Deposit P1,000.00 Damay Impok 500.00 Membership Fee 300.00 ID 50.00 Total P1,850.00
- Regular Members
Share Capital P5,000.00 Extended Deposit 100.00 Savings Deposit 1000.00 Damay Impok 500.00 Membership Fee 300.00 ID 50.00 Total P 6,950.00
How much can a member borrow?
As high as P200,000.00 subject to the amount of Share Capital with KBMPC and result of Credit Investigation.
How many shares does a P5,000 be?
With P5,000, a member is the owner of 50 shares (at P100.00 per share) and a member can buy additional
What is the going interest rate of KBMPC?
On the average, the Interest Rate is at 1% per month. KBMPC is implementing the diminishing balance as basis for loan computation in compliance with the Truth in Lending Act.
Can I refer a friend to be a member of KBMPC?
Yes, KMBPC is gladly welcom referrals from friends and there is a corresponding incentive for members who bring a new member.
Can an institution like school be a member of KBMPC?
No, but the employees can be a member. KBMPC and the institution can discuss ways on how their employees be a member.
How can we maximize our earnings as members of KBMPC?
By patronizing the services and products of KBMPC, members can maximize earnings thru the dividend and patronage refund.