BCS Offices

October 13, 2009

Credit Assistance for Retired Employees (CARE)



At your age you can still enjoy because there is someone who CAREs for you – Bansalan Cooperative Society.

What is the purpose of this product?

- To cater the needs of the retired private or government employees receiving pensions from SSS or GSIS through loan assistance at a very low interest rate


Who can avail?

- Any SSS or GSIS pensioner who has no existing loan with other lending institution

- Those who want that BCS will buy out their ATM/pension benefits from other financial institution

- Those who are not suffering from illness or being confined in any clinic or hospital

- Those who are not subject for surgical operations

- Has a regular monthly pension, withdrawable in any institution based in BCS area of operation


How to avail?

- Visit the nearest BCS office in your community and be willing to attend the Pre-membership Education Seminar (PMES)

- If you feel you are qualified fill up the application form and pay the membership fee.

And you can start your transaction!


How are you going to pay?

- Monthly amortization shall not exceed to 60%-70% of monthly pension

- Avail the 20% interest rate per annum


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