A financial assistance program designed for the needs of PNP and BFP 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 per Age Bracket:
- 65 years old and below – up to Php 3 Million
- 66-75 years old – up to Php 1 Million
Requirements
- PNP
- Retiree: No requirement
- Survivors and Transferees
- PNP Survivor’s/Transferee’s ID
- Certificate of Legal Beneficiary
- Latest CENOMAR with 1-yr validity
- Decree of Entitlement
- BFP
- Retiree
- BFP Pensioner ID
- One (1) Valid ID
- Survivors and Transferees
- BFP Survivor’s/Transferee’s ID
- One (1) Valid ID
- Certificate of Legal Beneficiary
- Latest CENOMAR with 1-yr validity
- Retiree
- 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