pension loan
A credit facility intended for eligible pensioners. A borrower can take a loan of up to 80% of his monthly net pension pay.
Loanable amount : P10,000 - P150,000
Loan term : 12 to 36 months
Eligibility criteria :
Loanable amount : P10,000 - P150,000
Loan term : 12 to 36 months
Eligibility criteria :
- 30 to 70 years. old;
- 71 to 80 years. old provided with Alalay sa Buhay insurance;
- Must be a legitimate regular/permanent pensioners of GSIS, SSS, PVAO, or AFP;
- Pensioners whose pension remittances arrived within CBI Branch servicing area of coverage in either ATM card or auto credit to the savings account;
- Considerably still in good health;
- Permanent resident of the place CBI is operating
