SALARY
LOAN
Overview
To help salaried employees maximize their income potential by offering them medium to long term financing. Teachers can use it for:
- Agricultural
- Livestock
- Educational
- Housing
- Multi-purpose
At a Glance
SALARY LOAN
Amount of Loan
Minimum of P6,000 up to P350,000.00
Term of Loan
Between 3 Months to 5 Years
Payment Scheme
Monthly amortizations including principal and interest.
Interest Rate
Competitive Interest Rate (Diminishing)
Acceptable Collateral
Payroll ATM Card / Automatic Payroll Deduction System (APDS) / MOA
Required Documents
- Completely Fill Out Form
- 2pcs. 1x1 Picture
- 3 Consecutive Months of Payslip
- Bank Statement - LBP (ATM-Payroll)
- Valid ID (UMID, TIN, School ID, Etc.)
- PRC ID
- Latest Service Record/ Appointment
- Medical Certificate
- Cedula (If Available)
- Income Tax Return (If Available)
- Proof of Income (If w/ Other Source of Income)
- 2 Co-Makers
