What Are the Fees and Charges?

Written By Security Bank ()

Updated at September 8th, 2020

Processing Fee of Php2,000.00, to be deducted from loan amount upon loan booking. Documentary Stamps of Php 1.50 for every Php 200.00, for loans exceeding Php 250,000.00 Example: Loan amount is P251,000.00 / 200 = Php 1255 Notarial Fee for loans more than P100K are:

  • 100,000.01 to 500,000.00 – P125.00
  • 500,000.01 to 1M – P150.00

Late Payment Fee is 3% of the amount due or PHP500 whichever is higher. Pre-termination Processing Fee of Php 2,500 (based on PN). A closure handling of Php 2,500 will also be implemented.