MTMAS (Manila Teachers Mutual Aid System) Form - Free Download
Are you looking for MTMAS loan form? Well look no further. We have it ready for you. Just click the download MTMAS form below.
MTMAS is one of the savings and loan associations that DepEd teachers patronage because of its quality costumer's service and low interest rate. Here's more about MTMAS copied from its website.Manila Teachers' Mutual Aid System, Inc. was founded on October 9, 1975 at General Luna Street, San Agustin, Malabon City.
For the past 39 years, MTMAS has made a huge difference in its members' lives and continues to be bulwark of stability and strength. Today MTMAS employs more than 100 employees all over the country.
Manila Teachersβ Mutual Aid System, Inc (MTMAS) was conceptualized in the late 1960βs as a Mutual Fund for deceased teacher-members of Manila Teachersβ Savings and Loan Association.
It started as a donation in the form of financial assistance to assist the family of a deceased member coming from its mutual death aid fund. At that time, all active members were required to contribute P1.00 to the said fund whenever a member dies and this was given to the beneficiary of the deceased member. This is in addition to the P1.00 contribution by members collected by the companyβs treasurer to increase the fund. This is the reserve fund readily given to the family of a deceased member.
To date, the fixed amount given to the beneficiary of a deceased member is already P35,000.00.
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