Loans

Avail of the lowest interest rates!

NEW! Pre-Owned Vehicle Loan

Are you one of the following?
  • Seeking better ways to avoid traffic and commuting
  • Wanting to step-up to a nicer vehicle model at a more affordable price
  • Looking for a pre-loved vehicle and be able to finance other needs without going over board your budget
If yes, then this product is for you!
  • Applicable to Pre-owned Vehicles and Buy-out of existing car loans*
  • Same day loan application approval!
  • Minimum Loanable Amount of PhP 100,000 Loan terms of up to 48 months
  • Flexible modes of payment
Requirement
  • Quotation from Car or Vehicle Dealer / Individual Seller
CHOOSE FROM OUR LOW LOAN INTEREST RATES!
Regular (Arrears)
Rate p.a.      Term
6.50%           12 mos
6.75%           24 mos
6.90%           36 mos
7.05%           48 mos
Maximum Loan Amount shall be based on the member’s current deposit level in the Association and appraised value of the vehicle during availment. Processing Fees of Php 2,000.00 per loan account to be deducted from loan proceeds. Expenses involving the Transfer of Ownership shall be for the account of the buyer. It shall be the full accountability of the member-borrower to determine the legitimacy of the 2nd hand vehicle purchase. Rates are subject to change without prior notice.
Subject to other Terms & Conditions
*Buy-Out from other Financial Institutions. Requirement for Buy-out: Outstanding Loan Balance from other Financial Institution/s

SALARY LOAN

Features:
Providing convenience and fast access to cash for personal needs, home renovations, and other planned or unplanned expenses where repayments are made via salary deduction.
Maximum Loanable Amount:
  • 13 times worth the Monthly Salary plus Deposits and Contributions with PSSLAI
Requirement
  • PNP
    • One (1) Duty Status
  • BFP
    • One (1) Duty Status
    • Certificate of Non-Pending Case
  • BJMP
    • One (1) Recent Payslip
  • NAPOLCOM and PPSC
    • Two (2) Recent Payslips
    • Certificate of Employment
    • Certificate of Non-Pending Case
CHOOSE FROM OUR LOW LOAN INTEREST RATES!
Rate p.a.         Term
11%                 3, 6, 9, 12, 18, 24, 30, and 36 mos
12%                 42 and 48 mos
12.50%            54 and 60 mos
Other charges: Insurance based on Board approval. Documentary Stamp tax: Php 1 for every Php 200 for loans above Php 250,000. Maximum Loanable amount and interest rates are subject to change without prior notice.
Subject to other Terms & Conditions

Emergency Loan

Features:
Providing ADDITIONAL access to cash for personal needs, home renovations, and other planned or unplanned expenses where repayments are made via salary deduction.
Maximum Loanable Amount:
  • 13 times worth the Monthly Salary plus Deposits and Contributions with PSSLAI
Requirement
  • PNP
    • One (1) Duty Status
  • BFP
    • One (1) Duty Status
    • Certificate of Non-Pending Case
  • BJMP
    • One (1) Recent Payslip
  • NAPOLCOM and PPSC
    • Two (2) Recent Payslips
    • Certificate of Employment
    • Certificate of Non-Pending Case
CHOOSE FROM OUR LOW LOAN INTEREST RATES!
Rate p.a.         Term
11%                 3, 6, 9, 12, 18, 24, 30, and 36 mos
12%                 42 and 48 mos
12.50%            54 and 60 mos
Other charges: Insurance based on Board approval. Documentary Stamp tax: Php 1 for every Php 200 for loans above Php 250,000. Maximum Loanable amount and interest rates are subject to change without prior notice.
Subject to other Terms & Conditions

Auto Loan

  • Same day loan application approval!
  • Applicable only to Brand New Vehicles
  • Loan terms up to 60 Months
  • Flexible modes of payment
  • Low monthly amortization
  • Requirement
    • Quotation from Car or Vehicle Dealer / Individual Seller
CHOOSE FROM OUR LOW LOAN INTEREST RATES!
Regular (Arrears)
Rate p.a.      Term
5.50%           12 mos
5.75%           24 mos
5.90%           36 mos
6.05%           48 mos
6.25%           60 mos
Loan must be fully secured with 100% PSSLAI deposit/investment which will be assigned to PSSLAI. LTO registration required, payment by member to be forwarded by PSSLAI to the dealer. Life & Vehicle Insurance may be waived as Auto Loan is fully secured by 100% deposit/investment. Pre-termination fee of Php 1,000 per Php 50,000 loan amount or 5% of outstanding balance, whichever amount is higher.Rates are subject to change without prior notice.
Subject to other Terms & Conditions

Motorcycle Loan

  • Same day loan application approval!
  • Applicable only to Brand New Motorcycles
  • Loan terms up to 48 Months
  • Flexible modes of payment
  • Low monthly amortization*
  • Easy application process, just bring:
  • Requirement
    • PNP
      • One (1) Duty Status**
    • BFP
      • One (1) Duty Status**
      • Certificate of Non-Pending Case**
    • BJMP
      • One (1) Recent Payslip**
    • NAPOLCOM and PPSC
      • Two (2) Recent Payslips**
      • Certificate of Employment**
      • Certificate of Non-Pending Case**
CHOOSE FROM OUR LOW LOAN INTEREST RATES!
Rate p.a.      Term
11%              12 mos
11%              24 mos
11%              36 mos
12%              48 mos
Member must be assessed to have the capacity to pay using Regular Member’s Salary or must be fully secured with 100% PSSLAI deposit/investment which will be assigned to PSSLAI. Other charges: Credit Life and Motorcycle Insurance (required for loans granted on clean basis, i.e. via Salary Deduction); Php 500.00 Processing Fees regardless of loan amount or term. Pre-termination of the Motorcycle loan may be allowed, subject to a pre-termination fee. Rates are subject to change without prior notice.
Subject to other Terms & Conditions
*Inclusive of LTO Registration and Insurance
**Applicable for Non-Collateralized Loan

Affordaloan

Features:
The product for members’ immediate needs, be it for gadgets, appliances, or firearms, we offer the lowest rates and short term payments with same day loan approval.
Maximum Loanable Amount:
  • Php 60,000
Requirement
  • PNP
    • One (1) Duty Status
  • BFP
    • One (1) Duty Status
    • Certificate of Non-Pending Case
  • BJMP
    • One (1) Recent Payslip
  • NAPOLCOM and PPSC
    • Two (2) Recent Payslips
    • Certificate of Employment
    • Certificate of Non-Pending Case
CHOOSE FROM OUR LOW LOAN INTEREST RATES!
Rate p.a.      Term
4%                6 mos
7%                7-12 mos
9%               13-24 mos
Other charges: Insurance based on Board approval. Maximum Loanable amount and interest rates are subject to change without prior notice.
Subject to other Terms & Conditions

PSSLAI CASH ADVANCE LOAN

Features:
This represents loans that a member could avail based on a pre-approved credit line.
Maximum Loanable Amount:
  • Php 100,000
Requirements
  • One (1) Duty Status
CHOOSE FROM OUR LOW LOAN INTEREST RATES!
Rate p.a.      Term
12%              36 mos
Other charges: Insurance based on Board approval. Maximum Loanable amount and interest rates are subject to change without prior notice.
Subject to other Terms & Conditions

BUY-OUT LOAN

Features:
PSSLAI pays-off outstanding debts from other financial / lending institutions with low monthly repayments and flexible terms.
Maximum Loanable Amount:
  • 13 times worth the Monthly Salary plus Deposits and Contributions with PSSLAI
Requirement
  • PNP
    • One (1) Duty Status
    • Outstanding Loan Balance from other lending institution/s
  • BFP
    • One (1) Duty Status
    • Certificate of Non-Pending Case
    • Outstanding Loan Balance from other lending institution/s
  • BJMP
    • One (1) Recent Payslip
    • Outstanding Loan Balance from other lending institution/s
CHOOSE FROM OUR LOW LOAN INTEREST RATES!
Rate p.a.         Term
11.00%            3, 6, 9, 12, 18, 24, 30, and 36 mos
12.00%            42 and 48 mos
12.50%            54 and 60 mos
Other charges: Insurance based on Board approval. Documentary Stamp tax: Php 1 for every Php 200 for loans above Php 250,000. Maximum Loanable amount and interest rates are subject to change without prior notice.
Subject to other Terms & Conditions

BACK2BACK LOAN

Features:
This represents loan availments against the member’s cleared funds with the Association.
Maximum Loanable Amount:
  • BTB 1, 2, 3, and 5 loan up to 90% of account not including Maintaining Balance
  • BTB 4 loan up to 80% of account not including Maininting Balance
Requirement
  • Account will be used as collateral
Interest Rate
  • 17% p.a.
CHOOSE FROM OUR VARIOUS EASY MODES OF PAYMENT:
  • BTB1:
    Advance Interest, Principal upon Maturity,
    Loan Term: One (1) year, Renewable
  • BTB2:
    Monthly payment on Principal and Interest
    Loan Term: One (1) year, Renewable
  • BTB3:
    Monthly Payment on Interest, Principal upon Maturity
    Loan Term: One (1) year, Renewable
  • BTB4:
    Principal and Interest upon maturity
    Loan Term: One (1) year, Renewable
  • BTB5:
    Monthly Payment on Principal and Interest
    Minimum Loan Amount of P500,000.
    Loan Term: Six (6) to Thirty-six (36) months, Renewable
Documentary Stamp tax: Php 1 for every Php 200 for loans above Php 250,000. Maximum Loanable amount and interest rates are subject to change without prior notice.
Subject to other Terms & Conditions

PENSION LOAN

Features:
Enabling Pensioners in times of their need even in retirement. Created to support retirees in their medical, family, travel, insurance and other financial expenses.
Maximum Loanable Amount:
  • Php 2,000,000
Who can avail
  • PNP, BFP, and BJMP Retirees who are already receiving their monthly pensions
Requirements
  • PNP PENSIONER
    • PSSLAI ID or Pensioner’s ID
  • BFP PENSIONER
    • PSSLAI ID or Pensioner’s ID
  • BJMP PENSIONER
    • Pensioner’s ID
    • Latest Pension Slip
CHOOSE FROM OUR LOW LOAN INTEREST RATES!
Rate p.a.         Term
8.00%              6 mos
11.00%            12 mos
11.00%            24 mos
11.50%            36 mos
12.00%            48 mos
12.25%            60 mos
Age                 Max. Term
40-65              60 mos
66-70*            6 mos
71-79*            6 mos**
*Subject to Medical Evaluation
** Grant is subject to approval of the Board
Other charges: Documentary Stamp tax Php 1 for every Php 200 for loans above Php 250,000. Maximum Loanable amount and interest rates are subject to change without prior notice.
Subject to other Terms & Conditions