BIGGEST NET PROCEEDS


SCOPE AND DURATION

  • The promo duration is from May 24, 2023 to August 31, 2023 in all AFPFC MPC office including liaison officers.

LOAN

  1. Term - Applicable to 12 to 60 months.
    1. Loan Type:
    • Available to all loan types excluding short term loan/ Lumpsum loan
    • Applicable only for New Members and New Loans
    • Renewal of loans are status quo.

QUALIFICATION

  1. New Member Loan - All persons eligible to become member-borrowers of the AFPFC MPC:
    • AFP Military Personnel
    • AFP Pensioner
    • AFP Civilian Human Resource
  2. New Loan - All members of AFPFC MPC eligible to loan

INTEREST RATE

  • Decrease of 10% in interest rate

INCREASE IN NET PROCEEDS

  • For ages 45 and below, no insurance coverage
  • For New Member (with membership fee of Php200 and Capital Contribution of Php5,000)

PRE-TERMINATION

  • Those who pre-terminate their existing loan in the promotion period are not qualified for the promo.
  • Those who avail the loan promo will not be eligible to pre-terminate their existing loans during the promo period.
  • Pre-termination defines as full payment of loan before the end of the loan term/ maturity date.