Eligibility: The loan program is open to all pensioners:
Whose regular monthly PVAO old age pension is remitted to AFPSLAI;
Who are coverable by CRI; and
In good credit standing should there be an existing loan at the time of availment of PVAO Pension Loan.
Loanable Amount:
Basis in the loanable amount shall be the amount of old age pension plus the Total Administrative Disability pension (for veterans age 70 and above and surviving spouse of deceased veterans age 70 and above) but not to exceed the SBL
Minimum loanable amount is ₱25,000
Subject to Net-Take-Home-Pay requirement of ₱650 (combined old age pension and total disability pension)
Requirements:
PVAO Pension ID
CENOMAR (as may be applicable)
SD-012 Passbook
INSTRUCTIONS:
To know your monthly amortization:
Enter your desired loan amount.
Select the number of years you want to amortize your loan.
Click “COMPUTE” to know your monthly amortization or “RESET” to clear entries.
To know how much loan you can avail:
Enter your preferred amount of monthly amortization.
Select the number of years you want to amortize your loan.
Click “COMPUTE” to know your loan amount or “RESET” to clear entries.
Please note that the computation above is only indicative. You may call us or visit any AFPSLAI Branch nearest you for the actual details.
