Purpose Savings
Purpose savings accounts are specifically designed to help individuals save for a particular goal or expense, such as a vacation, home purchase, education, or a special event. These accounts often come with features that encourage disciplined saving, like setting specific savings targets and timelines.
- ‘Paluwagan’ type of savings
- Interest rate up to 2.0% per annum
- Initial deposit as low as P 1,000.00
- Withdrawable in June and December only
- Pre-termination charges apply
To qualify for MHRMPC membership, individuals must meet specific criteria outlined by the cooperative.
- Resident, employed, have a business within CALABARZON and neighboring of cities of National Capital Region and Bulacan.
- Age 18 years old and above.
Applicants to MHRMPC are required to submit specific documentation.
- 1pc. 1x1 and 2x2 colored photo
- Photocopy of Birth Certificate
- Photocopy of 1 Primary ID or 2 Secondary ID
- Photocopy of Brgy. Clearance for Residency
- Filled-up Membership Application Form
- P1,000.00 initial Share Capital; P200.00 Savings; P300.00 Membership Fee.
