Back-to-Back Loan (Loan versus Deposit)


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  • Qualified Borrowers: Qualified borrowers under Back to Back loan includes all entities or individuals who have Bank Deposits with the Rural Bank of Rosario (LU), Inc. such as Certificate of Time Deposit (CTD), Special Savings Deposit (SSD) and Savings Deposit.[/custom_list]


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  • Amount of Loan: Maximum loan amount shall not be more than the outstanding balance of the Savings Deposit, Certificate of Time Deposit or Special Savings Deposit of the loan applicant.[/custom_list]


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  • Terms of Payment: Term of Loan should be coterminous to the maturity date of the Time Deposit or Special Savings Deposit of the loan applicant. For Savings Deposit, maximum term of one (1) year.[/custom_list]


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  • Security: Savings Passbook or Certificate of Time Deposit.[/custom_list]


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  • Salary Loan Requirements:[/custom_list] 
  1. Savings Passbook or Certificate of Time Deposit
  2. Residence Certificates or any valid ID of borrower, co-borrowers and co-makers
  3. 2” x 2” ID pictures (borrower/co-borrowers)
  4. Barangay Clearance
  5. Sketch Map of the residence of the Loan Applicant.


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