Give your employees an extra source of funds!
Take care of your employees the same way you take care of your business. With our Group Salary Loan, you can give them the raise they deserve without compromising on your business’ funds!
GROUP SALARY LOAN
Apply now!
Who can apply for a Group Salary Loan?
What to prepare?
Company Accreditation
Business Registration Papers
Articles of Incorporation and By-laws
General Information Sheet
Three (3) years of Audited Financial Statements (AFS) with ITR
Company Profile
Registered business entities operating for at least
four (4) years in the Philippines with three (3) years
of profitable operations
With a minimum of fifty (50) regular employees
Within serviceable area of the Bank
Borrower
Photocopy of Government-issued ID
Proof of Billing
Accomplished MSB Group Salary Loan Application Form
Photocopy of Company ID
Latest one (1) month payslip or ITR/BIR Form 2316
(Accepted IDs: Passport, Driver’s License, Professional Regulation Commission (PRC) ID Card, Social Security System (SSS) Card, Government Service Insurance System (GSIS) e-Card, Voter’s ID, Integrated Bar of the Philippines (IBP) ID, Seaman’s Book, Government Office ID, Alien Certificate of Registration/Immigrant Certification of Registration, Company ID, Government-owned or Controlled Corporation (GOCC) ID, Unified Multi-purpose Identification Card)
Filipino Citizen aged 21 to 65 years old
Must be a regular and permanent employee for at least one (1) year of a company accredited by the Bank
*Open to MSMEs operating for at least four (4) years with three (3) years of profitable operations.
Loanable Amount:
Loan Term:
Interest Rate:
Payment Terms:
Min. of ₱10,000.00
Max. of ₱300,000.00
Min. of 6 months
Max. of 36 months
0.85% per month
Salary deduction
*Rates subject to approval
For Company Accreditation:
Email our Group Salary Loan Department at [email protected]
1
Our Account Officer will contact you to discuss the GSL program best fit for your company.
2
We will notify your company once accreditation is approved.
4
Complete the company accreditation requirements.
3
For Borrower of an Accredited Company:
Submit the complete application requirements to your company’s HR Department or authorized contact person.
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HOW TO APPLY FOR A GROUP SALARY LOAN
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