Loans for Police Officers | PSSLAI
The COVID-19 threat is still lingering in the Philippines and frontliners are not ceasing on doing their best to flatten the curve and keep the public safe. For instance, police officers are present in checkpoints of each barangay 24/7 to ensure that social distancing guidelines and lockdown policies are properly practiced by every Filipino. Being one of the first responders during this crisis, this requires police officers to be away from their families for long periods to fulfill their duties to the country. This sacrifice is challenging for them, not only mentally and emotionally, but also financially. The thought of having their family members falling ill and lack of funds to meet their daily needs result in anxiety. To ease these financial worries, the Public Safety Savings and Loan Association Inc. (PSSLAI) offer different kinds of loans for police officers that they can easily avail during these trying times.
1. Salary Loan (Payment Terms: Up to 5 years)
It allows police officers to loan up to twelve (12) times worth of their monthly salary. Even their current deposits and contribution with PSSLAI can be loaned too.
2. Emergency Loan (Payment Terms: Up to 5 years)
A quick loan that covers emergencies in no time as loans are approved within the day and proceeds are released immediately. Police officers can loan up to twelve (12) times worth of their monthly salary, plus their current deposits and contribution with PSSLAI.
3. Universal Loan (Payment Terms: Up to 5 years)
A type of loan that can meet different kinds of financial expenses such as house renovation, healthcare needs, and household bills. Loan up to twelve (12) times worth of monthly salary, including current deposits and contribution with PSSLAI.
4. AffordaLoan (Payment Terms: Up to 5 years)
It's similar to an emergency loan as one can have immediate access to extra funds when approved within the same day of application. The only difference is the amount. Regular and associate members can apply for a loan worth Php100,000 only.
5. Back-to-Back Loan (Payment Terms: Up to 3years)
PNP and BFP officers can loan up to 90% of their deposits and contribution with PSSLAI. It allows them to still earn dividends on their PSSLAI account while also having a secured loan.
All these loans for police officers have guaranteed low interest rates. Repayments are done conveniently and automatically via salary deduction. Plus, a FREE SAMSUNG GALAXY A30s is given away to qualified loanees. See more at https://www.psslai.com/promotions/
Online loan application and inquiry is also possible at https://www.psslai.com/loan-application-inquiry/ for regular members (police officers) and associate members (family members of PNP and BFP officers).
In these trying times, PSSLAI focuses greatly on helping police officers to meet their families' needs no matter the distance. Staying true to their banner: PSSLAI, Kapartner Mo!
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