Note: This computation is only indicative. Please call or visit any AFPSLAI Branch for actual details.
How to Use the AFPSLAI Loan Calculator
To Calculate Your Monthly Amortization:
Enter your desired loan amount in the "Loan Amount" field
Select the number of years you want to amortize your loan
Click "COMPUTE" to see your estimated monthly payment
Click "RESET" to clear all entries if needed
To Calculate Your Loan Amount:
Enter your preferred monthly payment in the "Monthly Amortization" field
Select the number of years you want to amortize your loan
Click "COMPUTE" to see your estimated loan amount
Click "RESET" to clear all entries if needed
Loan Application Procedures
Branch Office Application:
Borrower submits Loan Application Form (LAF) and requirements
Loan Specialist verifies document compliance and processes the loan (new/renewal)
Upon approval, borrower proceeds to Releasing Section/Tellering Section
Loan proceeds are released via cash, Savings Deposit Account (SD-02), or Remittance Facility
Borrower receives loan proceeds and signs the Loan Release
Online Application:
Visit AFPSLAI Website and navigate to e-Application → e-Loan Application
Complete the online form and obtain your reference number
Print and save the generated form
Visit selected branch to submit signed form with requirements
Loan Specialist processes the application
Upon approval, loan proceeds are released and borrower signs Loan Release
Frequently Asked Questions
Q: How long will it take for a loan to be released?
If all requirements are complete, the loan is released within the day.
Q: What is the Single Borrower's Limit (SBL)?
It is the maximum loan amount allowed, calculated by multiplying your regular monthly salary and allowances by 12, plus annual bonuses/incentives and existing AFPSLAI deposits.
Q: What is Credit Redemption Insurance (CRI)?
CRI covers the outstanding loan balance if the borrower dies (except for Back-to-Back Loans and certain exceptions).
Q: Can I get another loan with an existing Salary Loan?
Yes, you may avail of Emergency Loans, Multi-Purpose Loans, and collateralized loans depending on your paying capacity.
Q: When can I renew my Salary Loan?
You can renew once you've paid at least 20% of the borrowed amount. Continuous deductions count toward your renewed loan.