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.
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