Salary Loan

Life’s urgent necessities are unavoidable. AFPMBAI has got you covered through such emergencies. It is a reliable partner offering loan and equity privileges. Member must have an active Additional Insurance and/or E-56 with AFPMBAI which is enforced for at least 1 month at the time of application.



  • For members with active Additional Insurance through payroll deduction
  • Can be availed right after the Additional Insurance’ 1st payment has been deducted and remitted to AFPMBAI
  • P300,000 maximum loanable amount can be paid in 5 years




  • The borrower must have an active Additional Insurance and/ or E56 with AFPMBAI which is enforced for at least 1 month at the time of application.
  • The borrower must have a good credit record as determined by any credit bureau/facility. All his/her accounts should be current and have NO ARREARS.
  • The borrower should have a NET TAKE HOME PAY as required by his branch of service/bureau after deducting the monthly amortization of Salary Loan/MEDAL.
  • One Salary Loan per borrower is allowed regardless of the number of policies held but not exceed the aggregate face amount of his/her insurance.