Salary Loan

Get the financial flexibility you need for things that matter to you.

Features

  • Guaranteed low interest rates
  • Fast processing of loan approval
  • Flexible payment terms (up to 60 months/5 years)
  • Loan up to 12 times worth your Monthly Salary
    (plus Deposits and Contributions with PSSLAI)
  • Convenient repayments via salary deduction

Requirements

  •  PNP
    • Recent Duty Status
  •  BFP
    • Recent Duty Status
    • Certificate of Non-Pending Case
  • BJMP
    • One (1) Recent Payslip
  • NAPOLCOM AND PPSC
    • Two (2) Recent Payslips
    • Certificate of Employment and Compensation
    • Certificate of Non-Pending Case

Charges

  • Insurance based on Board approval
  • Documentary Stamp tax: Php1.50 for every Php200 for loans above Php250,000

Emergency Loan

Cover unforeseen circumstances and unplanned expenses with an emergency cash loan.

Features

  • Guaranteed low interest rates
  • Same day approval and release of loan proceeds
  • Flexible payment terms (up to 60 months/5 years)
  • Loan up to 12 times worth your Monthly Salary
  • (plus Deposits and Contributions with PSSLAI)
  • Convenient repayments via salary deduction

Requirements

  •  PNP
    • Recent Duty Status
  •  BFP
    • Recent Duty Status
    • Certificate of Non-Pending Case
  • BJMP
    • One (1) Recent Payslip
  • NAPOLCOM AND PPSC
    • Two (2) Recent Payslips
    • Certificate of Employment and Compensation
    • Certificate of Non-Pending Case

Charges

  • Insurance based on Board approval
  • Documentary Stamp tax: Php1.50 for every Php200 for loans above Php250,000

Universal Loan

Stably fund your wants and needs. Be it for your house renovation, holiday vacation, education, marriage and more, we have terms that you can get behind!

Features

  • Guaranteed low interest rates
  • Same day loan approval and release of loan proceeds
  • Flexible payment terms (up to 60 months/5 years)
  • Loan up to 12 times worth your Monthly Salary
  • (plus Deposits and Contributions with PSSLAI)
  • Convenient repayments via salary deduction

Requirements

  •  PNP
    • Recent Duty Status
  •  BFP
    • Recent Duty Status
    • Certificate of Non-Pending Case
  • BJMP
    • One (1) Recent Payslip
  • NAPOLCOM AND PPSC
    • Two (2) Recent Payslips
    • Certificate of Employment and Compensation
    • Certificate of Non-Pending Case

Charges

  • Insurance based on Board approval
  • Documentary Stamp tax: Php1.50 for every Php200 for loans above Php250,000

Back2Back Loan

Keep your account balance well above maintaining. Loan against your deposits while still earning dividends/interest with this secured loan.

Features

  • Guaranteed low interest rates
  • Fast processing of loan approval
  • Flexible payment terms (up to 36 months/3 years)
  • Loan up to 90% of account balance (not including minimum maintaining balance)

Requirements

  • PSSLAI Account as collateral
  • Post dated cheques for BTB 2, 3, and 5

Interest Rate

  • Choose from our various easy modes of payment:
    • BTB1 – Advance Interest, Principal upon Maturity; Maximum Loan Term: One (1) year, Renewable
    • BTB2 – Monthly payment on Principal and Interest; Maximum Loan Term: One (1) year, Renewable
    • BTB3 – Monthly Payment on Interest, Principal upon Maturity; Maximum Loan Term: One (1) year, Renewable
    • BTB4 – Principal and Interest upon maturity; Maximum 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

Charges

  • Documentary Stamp tax: Php1.50 for every Php200 for loans above Php250,000

Affordaloan

Seize the chance of having immediate access to extra funds!

Features

  • Guaranteed low interest rates
  • Same day loan approval and release of proceeds
  • Flexible payment terms (up to 60 months/5 years)
  • Loan up to Php100,000

Requirements

  •  PNP
    • Recent Duty Status
  •  BFP
    • Recent Duty Status
    • Certificate of Non-Pending Case
  • BJMP
    • One (1) Recent Payslip
  • NAPOLCOM AND PPSC
    • Two (2) Recent Payslips
    • Certificate of Employment and Compensation
    • Certificate of Non-Pending Case

Charges

  • Insurance based on Board approval

Buy-Out Loan

Live a worry-free life by paying off your outstanding debts to other lending/ financial institutions and easily monitor and pay-off all your loans at PSSLAI! Enjoy lower rates at flexible terms!

Features

    • Guaranteed low interest rates
    • Fast processing of loan approval
    • Flexible payment terms (up to 60 months/5 years)
    • Loan up to 12 times worth your Monthly Salary (plus Deposits and Contributions with PSSLAI)

Requirements

  •  PNP
    • Recent Duty Status
    • Loan Balance from the lending institution
  •  BFP
    • Recent Duty Status
    • Certificate of Non-Pending Case
    • Loan Balance from the lending institution
  • BJMP
    • One (1) Recent Payslip
    • Loan Balance from the lending institution
  • NAPOLCOM AND PPSC
    • Two (2) Recent Payslips
    • Certificate of Employment and Compensation
    • Certificate of Non-Pending Case
    • Loan Balance from the lending institution

Charges

  • Insurance based on Board approval
  • Documentary Stamp tax: Php1.50 for every Php200 for loans above Php250,000
  • Php250 Buyout charge per Financial Institution

Real Estate Loan

Turn your dream home into a reality without putting strain on your budget.

Features

  • Guaranteed low interest rates
  • Fast processing of loan approval
  • Flexible payment terms (up to 20 years)
  • Purchase condominium unit/s, townhouses, lots and houses

Requirements

  •  PNP
    • Recent Duty Status
  •  BFP
    • Recent Duty Status
    • Certificate of Non-Pending Case
  • BJMP
    • One (1) Recent Payslip
  • NAPOLCOM AND PPSC
    • Two (2) Recent Payslips
    • Certificate of Employment and Compensation
    • Certificate of Non-Pending Case

Charges

  • Insurance based on Board approval, if applicable
  • Annotation fees, if applicable
  • Documentary Stamp tax: Php1.50 for every Php200 for loans above Php250,000

Pension Loan

A financial assistance program designed for the needs of PNP, BFP, BJMP retiree pensioners. Cover different aspects such as medical, family, travel, insurance and other financial expenses in just a single loan.

Features

  • Guaranteed low interest rates
  • Fast processing of loan approval
  • Flexible payment terms (up to 60 months/5 years)
  • Maximum loanable amount up to 1,800,000 (more than 1,800,000 shall be subject for approval)

Requirements

  • PNP
    • PSSLAI ID
  • BFP
    • PSSLAI ID
    • BFP Retirement ID
  • BJMP
    • PSSLAI ID
    • Recent Pension Slip
  • Additional Requirements if with Buy-out
    • Outstanding Loan Balance from other Financial Institution/s

Charges

  • Insurance based on Board approval
  • Documentary Stamp tax: Php1.50 for every Php200 for loans above Php250,000
  • Php 250 Buyout charge per Financial Institution

Vehicle Loan

Be it for business or personal use, you can now own a brand new vehicle without breaking your budget!

Features

  • Guaranteed low interest rates
  • Fast processing of loan approval
  • Flexible payment terms (up to 60 months/5 years)
  • Loan the total contract price of any vehicle

Requirements

  • Quotation from Car or Vehicle Dealer

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 Vehicle Loan is fully secured by 100% deposit/investment. Pre-payment of the Vehicle loan may be allowed subject to administrative fees of amounting up to 5% of the principal loan amount availed. Rates are subject to change without prior notice.

Pre-Owned Vechicle Loan

Own a pre-loved vehicle without going overboard on your budget! Get your dream car at a more affordable price.

Features

  • Guaranteed low interest rates
  • Fast processing of loan approval
  • Flexible payment terms (up to 48 months/4 years)
  • Loan the total contract price of any vehicle

Requirements

  • Quotation from Car or Vehicle Dealer / Individual Seller
  •  PNP
    • Recent Duty Status
  •  BFP
    • Recent Duty Status
    • Certificate of Non-Pending Case
  • BJMP
    • One (1) Recent Payslip
  • NAPOLCOM AND PPSC
    • Two (2) Recent Payslips
    • Certificate of Employment and Compensation
    • Certificate of Non-Pending Case

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