Manatal Coop MULTI-PURPOSE COOPERATIVE Open Member App

Products & Services

My Koop Auto Loan

Published
July 10, 2026

Characteristics

  • Loan to purchase a brand-new vehicle.
  • The borrower shall provide at least 20% Down Payment based on unit price of the vehicle to be purchased.
  • In some cases, the cooperative may require additional securities.
  • Loanable amount is based on the 5 Cs of Credit (CHARACTER, CAPACITY, COLLATERAL, CONDITION & CAPITAL).

Documentary Requirements:

    General Documents Needed:

    • TIN ID/Number
    • Post-dated checks

For OR/CR (Chattel) as Collateral:

  • Original copy of Certificate of Registration of unit (CR)
  • Updated Original Receipt (OR)
  • Cancellation/Release of Mortgage (if secured/encumbered by other financial institution)

For Inquiries, please call or text our Loan Division at 0917-803-6800 or 0943-700-7868