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Fees and Other Charges
Below are all the fees and charges applicable to Term Loan:
1) Processing Fee - 2% of unpaid balance due or PHP 50 of the disbursed amount (whichever is higher)
2) Late payment charges - 5% of unpaid balance due or a minimum of PHP 50 (whichever is higher)
3) Early Settlement Fee - FREE
4) Documentary Stamp Tax - PHP 1.50 per PHP 200 disbursed amount (which will be deducted from the term loan proceed)
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