Para sa mabilisang tulong pinansyal
What is Enhanced Salary Loan?
- Our Enhanced Salary Loan is designed to provide financial assistance to members who need it the most. With loan amounts of up to Php500,000 and flexible repayment terms of up to 5 years, it’s the perfect solution for those who need a little extra cash to cover unexpected expenses or big-ticket purchases.
Who can avail?
- Members with an active MBAI Protek basic insurance and permanent insurance policy, with first payment remitted through payroll deduction, are eligible for the Enhanced Salary Loan. This means that you can get the financial assistance you need while also protecting your loved ones with our comprehensive insurance policies.
Why choose Enhanced Salary Loan?
- With a low interest rate of only 8.0% per annum and flexible repayment terms of up to 5 years, our Enhanced Salary Loan offers one of the best deals in the market. Plus, you can apply online and get your loan approved in as fast as 24 hours, making it a convenient and hassle-free solution for your financial needs.
Don’t let financial worries hold you back. Apply for an Enhanced Salary Loan now!
REQUIREMENTS
- Completed Application Form
- Service/AFPMBAI ID
- Enlistment Order/Re-enlistment Order
- Willingness to Re-enlist if ETE/Date of Discharge expires w/in 2 years
- Updated Statement of Service (Officers)
- Latest Payslip for 3 consecutive months
- Civilian employees:
– Certificate of Employment
– Permanent Order (Civil Service Commission)
Requirements PAF:
- Certificate of Non-pending Case from the Provost Marshal
- Wife’s Consent
- Wife’s Government-issued ID
Requirements PN:
- Original Latest Payslips for three (3) consecutive months
- OTNA Clearance (Centralized at PN Fort Bonifacio)
Requirements PA:
- Application Form should be endorsed by CO and Finance
- DLO clearance
Requirements PNP/BFP:
- Updated Certificate of Non-pending Case (valid for 30 days only)
- Updated Service Record (and Permanent Appointment Order– KSS Attestation for new PNP and BFP graduates/ trainees)
- For BFP, Service ID and one (1) Government-issued ID
Requirements BJMP:
- Application Form should be signed by Personnel and Records Management, Legal Service Office, and Chief Finance Service Office
Requirements PCG:
- Original Latest Payslips for three (3) consecutive months with serial number
- Updated Certificate of Non-pending Case from CGIAS (valid for 30 days only)
Requirements BUCOR:
- Permanent Order
- Latest Payslips for three (3) consecutive months
- Certificate of Non-pending Case
- Service Record
Requirements PDEA:
- Permanent Order
- Original Latest Payslips for three (3) consecutive months
- Certificate of Non-pending Case from Administration
- Finance Certificate
- The borrower must have an active Permanent Insurance Plan, and MBAI Protek/MBAI iProtek with AFPMBAI.
- 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.