Public Safety Mutual Benefit Fund Inc.

Istorya ta. Agsarita ta. Usap Tayo.

Having access to cash when you need it gives you peace of mind and confidence to pursue your dreams and plan for tomorrow. As an Equity Plan/My Life Plus member, you may avail of PSMBFI’s Salary Loan Plus, Emergency Loan, Calamity Loan, Multi-Purpose Loan or Policy Loan packages.

 

Salary Loan Plus

With a high loanable amount, you can dream bigger and plan better! Salary Loan Plus is payable up to 60 months.


Salary Loan Plus allows you to plan better and dream bigger with up to P500,000 in loanable amount at a rate of only 12.5% per year

Qualifying Criteria:

  1. Borrower's Equity Plan monthly equity contribution is reflected in his/her payslip.
  2. Borrower must not be retirable within the term of the loan
  3. Borrower should have made at least 30% payment of his/her existing loan to qualify for a re-loan.

Required Documents:

  1. Duly accomplished Application Forms (Promissory Note and Authority to Deduct). No erasures please.
  2. Original & Photocopies of Payslip of Borrower (latest 2 months)
  3. Original & Photocopies of Borrower’s PNP ID (not expired/back to back) with 3 specimen signatures
  4. Certification of Non-Pending Case from IAS/RIAS
  5. Certification of Active Duty from Station/Unit Clearance
  6. Notarized Authority to Deduct

Download your Loan
Application Form here!

 

Loan Form for PNP & NUP

Loan Form for MMDA

Loan Form for BFP PCG NAMRIA & OTS

ATD FOR BFP, NAPOLCOM AND OTS

ATD FOR BI

ATD FOR LTO

ATD FOR NAMRIA

ATD FOR PCG

ATD FOR PNP

 

 

 


Emergency Loan

 

Unforeseen circumstances may result to unbudgeted expenses. PSMBFI’s Emergency Loan gives you access to cash of up to P100,000 so you can be ready for those emergencies.


The Emergency Loan helps members meet their emergency requirements and day-to-day expenses. Members can borrow up to P100,000.00. The maximum loan term is up to 48 months and the interest rate is 12% per year.

Required Documents:

  1. Duly accomplished Application Forms (Promissory Note and Authority to Deduct). No erasures please.
  2. Original & Photocopies of Payslip of Borrower (latest 2 months)
  3. Original & Photocopies of Borrower’s PNP ID (not expired/back to back) with 3 specimen signatures
  4. Certification of Non-Pending Case from IAS/RIAS
  5. Certification of Active Duty from Station/Unit Clearance
  6. Notarized Authority to Deduct
 

 


Calamity Loan

 

Victims suffer different kinds of losses when calamities strike. PSMBFI members may take advantage of the Calamity Loan package’s low interest rate at only 9% per year.


A member who is a victim of a natural disaster in a locality declared as calamity area may avail of a Calamity Loan within 30 days from the date of declaration. The maximum loan amount is P50,000.00 with an interest rate of 9% per year and the maximum loanable term for a Calamity Loan 24 months.

Requirements
 

An endorsement from R1 or Chief-Of-Police or Barangay Captain stating that the borrower and/or his family are affected and the place was declared under the state of calamity by National Disaster Risk Reduction and Management Council (NDRRMC).

  1. Duly accomplished Application Forms (Promissory Note and Authority to Deduct). No erasures please.
  2. Original & Photocopies of Payslip of Borrower (latest 2 months)
  3. Original & Photocopies of Borrower’s PNP ID (not expired/back to back) with 3 specimen signatures
  4. Certification of Non-Pending Case from IAS/RIAS
  5. Certification of Active Duty from Station/Unit Clearance
  6. Notarized Authority to Deduct
 

 


 

Multi-Purpose Loan

PSMBFI gives you access to cash to make life a bit easier for you and your family. The term is made lighter as you can stretch the paying period to up to 48 months.


Members who avail of the multi-purpose loan may borrow up to P60,000 at an interest rate of 10% per year, payable over 48 months.

Required Documents:

  1. Duly accomplished Application Forms (Promissory Note and Authority to Deduct). No erasures please.
  2. Original & Photocopies of Payslip of Borrower (latest 2 months)
  3. Original & Photocopies of Borrower’s PNP ID (not expired/back to back) with 3 specimen signatures
  4. Certification of Non-Pending Case from IAS/RIAS
  5. Certification of Active Duty from Station/Unit Clearance
  6. Notarized Authority to Deduct
 

 


Policy Loan

 

If you have been a contributing Equity Plan member for at least 12 months, you can borrow 90% of your Equity Value at a low rate of 8% per year!

Low interest rate of 8% per year! Fewer Requirements!


 

A member may borrow against his Life Insurance Policy. The loanable amount shall be 90% of the total accumulated Equity Value of the member, with interest rate at 8% per annum, payable over 24 months.

Requirements

  1. Borrower must be an Equity Plan member for at least 12 months.
  2. Duly accomplished Policy Loan application form and Authority to Deduct form.
  3. Photocopy of borrower's payslip.
  4. Original & Photocopies of Borrower’s PNP ID (not expired/back to back) with 3 specimen signatures
  5. Notarized Authority to Deduct