FAQs

Based on your latest credit profile, determine first your Net Disposable Income (NDI) by deducting your total monthly payroll deduction from the 50% of your monthly basic pay. To determine your maximum loanable amount, divide the resulting NDI by the factor of the corresponding term of payment which you prefer as indicated below. The lower your total monthly payroll deduction the higher your NDI and maximum loanable amount.

• Term of PaymentFactor
• One year0.0916799929
• Two years0.0499241020
• Three years0.0361523955
• Four years0.0293749996
• Five years0.0253934274

Your NDI therefore becomes your maximum monthly installment allowable. So choose the term of payment that can absorb it but subject to the following maximum payment term limit based on your years in service.

• Years in ServiceMaximum Term of Payment
• Less than 1 year1 year
• 1 to 3 years3 years
• More than 3 years5 years

Multiply the loan amount by the corresponding factor indicated in Item No. 1 above.

For example: for a loan amount of Php 100,000.00 with a one-year term, the monthly amortization is Php 9,168.00.

• Years in ServiceNumber of Co-makers
• Below 5 yearsOne (1) for every Php 25,000.00
• 5-9 yearsOne (1) for every Php 50,000.00
• 10 years and aboveOne (1) for every Php 75,000.00

Yes, in fact any regular employee can file membership application and loan application at the same time. Probationary employees can file their membership application but can avail of loan only upon permanency.

Before filing your loan application

1. Send your latest credit profile first to Coop Office thru fax or email for evaluation.
2. After we have evaluated, we will send the evaluation result thru email together with the application and other related forms.
3. Accomplish the forms fully following the instructions stated in the email.
4. After accomplishing, send them thru LBC at this address: Calasiao Coop Complex, Mac Arthur Highway, Brgy. Bued, Calasiao, Pangasinan 2418 (Infront of Coca-Cola Plant).
5. Your loan proceeds will be deposited in your BPI payroll account (For those with no BPI account, please get in touch with your Account Officer).

You may also secure loan application forms from your HR Office upon request or download them thru the coop website: www.calasiaoplantcoop.com.ph, just click Downloads.

Yes, thru renewal of existing loan subject to the guidelines under Item No. 5 above.

1. Visit Calasiao Coop Website www.calasiaoplantcoop.com.ph.
2. Click Downloads and download Membership Application Form.
3. Accomplish it and send to Calasiao Coop Complex, Mac Arthur Highway, Brgy. Bued, Calasiao, Pangasinan 2418 (Infront of Coca-Cola Plant) thru LBC or send it thru fax 075-522-5148 or thru email accounts@calasiaocoop.com.

Application form may also be secured thru your HR Office upon request.

All active regular/probationary employees, former employees, retirees, and their relatives (parents, spouse, brothers, sisters, children and grandchildren, Filipino, 18-65 years old).

Relatives however are required to deposit a maximum amount of Php 5,000.00 on one time basis or thru installment of at least Php 400.00 monthly thru the Coop’s bank account.

Yes, subject to Item No. 5 above.

Just email to Coop the amount of increase/decrease you want. Members may also make additional deposits direct thru the bank account of the Coop on a case to case basis but the Coop Office should be informed first.

For active employees of the Coop’s partners, you may send a completely filled-out Authority for Payroll Deduction Form which can be sourced out from your HR or from this website.

Yes, after two (2) years from date of resignation.

For further clarification, please contact the Coop Office:

• Cellphone: 0917-6323695; 0923-0837694
• Landline (telefax): (075) 522-51-48
• Email: accounts@calasiaocoop.com; calasiaoplant_coop@yahoo.com