Afpslai Loan Calculator

Afpslai Loan Calculator is an online calculator for loans. It’s a third-party tool that provides the facility to the users for calculating the Afpslai Loan with ease. As this isn’t an official Afpslai loan website, if you want to check the Loan Interest Rate, Duration, and Percentage then you can go on the official Afpslai Loan website. Here is the link to the official Afpslai Loan Calculator…


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Why Afpslai Loan Calculator?

  1. Your Capital Contribution Account (CCA) offers competitive dividend rates, and your Tax-Free Savings Deposit Account (SDA) pays out excellent interest rates!
  2. Because of the reliability of AFPSLAI, you may be confident that your investments are safe.
  3. To satisfy your financial needs, you have the opportunity to choose from a variety of loan solutions offered by AFPSLAI.
  4. Due to AFPSLAI’s cheap interest rates on all of its loan products, you receive more value for your money.
  5. With 33 Branch Offices and 51 Satellite Offices strategically placed nationwide, you may easily transact.
  6. The Management Team and Professional Staff of AFPSLAI are Highly Competent and Committed to Giving You the Best Quality Service You Deserve.


Is AFPSLAI a public or private organization?

The Bangko Sentral ng Pilipinas is in charge of AFPSLAI, a private non-bank financial entity (BSP). According to our charter, membership is based on a clearly defined group, specifically:

  • All active-duty retired, or honorably separated personnel of the Philippine National Police (PNP), Bureau of Fire Protection (BFP), Bureau of Jail Management and Penology (BJMP), and Armed Forces of the Philippines (AFP);
  • AFP reserve officers who have served at least one (1) term of three (3) years in commissioned service before being summoned to active duty;
  • government servants who work for the AFP, DND, PNP, BFP, and BJMP on a permanent basis;
  • Permanent employees of the National Police Commission (NAPOLCOM) and Philippine Public Safety College (PPSC), both uniformed and non-uniformed;
  • PNP Finance Center (PNPFC) or AFP Finance Center (AFPFC) pension recipients who are retired personnel of the departed Philippine Constabulary (PC);
  • orphans, widows, and widowers of AFP and PNP employees, as well as PC members and retirees who get pension from the AFPFC or PNPFC;
  • Permanent workers, board members, and directors of AFPSLAI, AFP General Insurance Corporation (AFPGIC), AFP Retirement and Separation Benefits Systems, and Armed Forces and Police Mutual Benefit Association, Inc. (AFPRSBS)

AFPSLAI’s stability?

The total assets of AFPSLAI as of the end of December 2020 are PHP 126.56 billion. Capital contributions and savings deposits are securely reinvested in national government assets at top BSP-accredited banks. Based on its yearly income accomplishment, AFPSLAI has continuously announced dividend rates that are competitive.

Are there any membership fees for eligible candidates?

We do not charge membership dues, however, the opening of a Capital Contribution Account requires a non-refundable payment of Php 1,000. (CCA). Additionally, new members will receive a free AFPSLAI ID.

What can I offer to support my membership application if I don’t have an AFP/PNP ID?

A statement stating that a certain ID is being processed may be accepted in place of an AFP/PNP ID. The designated/approved Finance Office Head or his/her authorized representative must properly sign the certification.

Am I able to join at once?

Yes, provided that all conditions for the membership are met.

I used to be a subscriber. Can I rejoin as a member?

Yes, as long as you continue to meet the requirements outlined in our current Membership By-laws, AFPSLAI will admit you back as a member. The prerequisites are the same as those for new members.

Why do I need to update my AFPSLAI ID, signature card, and/or membership information?

In accordance with BSP laws, the following are among the AFPSLAI policies for updating papers and records:

  • a need for revision every three (3) years
  • Personal information changes (e.g. civil status)
  • Changes to the member’s signature resulting from physical circumstances, such as a change in home location, rank, or contact information

My passbook and AFPSLAI ID are missing. What ought I do?

Go to the closest branch office and bring the following with you:

  • Affidavits of Loss in two copies, each fully attested by a Notary Public
  • At least three (3) legitimate IDs and photocopies of each (front and back)
  • a pair of 1×1 ID photos (to be attached to the notarized Affidavit of Loss)
  • A 100 PHP replacement ID charge
  • A Php 50 replacement passbook charge

(Note: The member’s photo should not include any headgear or spectacles)

What kind of identification is recognized as legitimate?

The following are recognized as legitimate IDs in accordance with the Anti-Money Laundering Act (AMLA) and BSP Circular No. 706:

  • Including those granted by foreign governments, passport
  • driving permit
  • PRC ID NBI authorization
  • Police approval
  • Voter identification issued by the government Postal identification
  • Barangay approval
  • eGSIS card
  • UMID/SSS Senior Citizen ID OFW/OWWA ID
  • Alien in Seaman’s Book Government office certification of registration/immigrant certificate of registration, and GOCC ID (e.g. AFP, HDMF, etc)
  • NCWDP DSWD Certification certification
  • Private organizations or institutions that have been accredited, overseen, or subject to regulation by the BSP, the Security and Exchange Commission (SEC), or the Insurance Commission have granted IBP ID Company ID (IC)

I am no longer in the military. Am I still a member of AFPSLAI?

If your Capital Contribution Account (CCA) deposit does not fall below Php 1,000, you have maintained excellent credit standing, you update your membership at least once every three (3) years, and you haven’t canceled your membership with AFPSLAI, then yes, you are still a member of the organization.

I am a Muslim member’s legitimate wife. Since my husband’s ex-wife is already a member (recommended by my husband), do I still have the opportunity to join as an Associate Member?

Every married member has the option of endorsing their spouse as an Associate Member, although a Regular Muslim member may only select one of his wives to do so.

What are the various normal fees for AFPSLAI?

The following fees are frequently incurred:

  • ID replacement – Php 100
  • Passbook replacement – Php 50
  • Certificate of Deposit – Php 100
  • Check Cancellation Fee – Php 200

Due to my disability, I was unable to write. How can my signature be updated?

When a new SSC is created, you can attach your thumb mark in the presence of a normal AFPSLAI employee. A medical document attesting to your inability to write is required to substantiate this.

Can an Associate Member revoke their membership independently?

Yes, As long as the account holder is single and without the primary member’s permission.

EDA stands for Expected Dividend Advance.

The EDA facility was established by AFPSLAI to take into account the needs of our members who depend on their quarterly dividend payments. This service allows the members to receive in advance their projected dividends on a quarterly basis, which are scheduled to be released one time after the calendar year.

When will EDA be made available?

Every fourth Monday of the month starting after the conclusion of the quarter, EDA will be released.

Why do I not receive dividends?

For accounts with a maintaining balance of less than Php 1,000 and for members with past due loans, there is no dividend. Only when the member’s loan is current are dividends paid out.

Why is anything “tax-free”?

Withholding taxes and income taxes are not applied to the profits and interest paid on deposits. If your dividend is Php 100, for instance, you will get the full amount as interest on your deposit.

Why is there a Loan Offsetting (LOS) line in my passbook?

You can inquire with our Loans staff about this if your passbook contains a LOS entry. A LOS entry indicates that you might not have fully amortized your loan each month, that you might have a past-due loan, or that you might owe money.

Can I conduct business with AFPSLAI Branch Offices other than the one where I first created an account?

You can, indeed. Transacting with any of our 21 branches won’t be an issue because the AFPSLAI information network operates on a real-time basis. Any of our more than 50 Extension Offices is available for business transactions. When you conduct business with other branches, we don’t charge you anything either.

What about time deposits?

Yes. Both Regular and Associate Members may open a Time Deposit Account (TD-006). The following list of TD-006’s key characteristics includes:

  • The maximum deposit is Php 2 million, with a minimum deposit of Php 1,000.
  • Deposit whenever (no placement period)
  • Interests accrued must be reported every two years. Upon maturity, the remaining interest and the principal must be deposited into the SD-02 account.
  • The responsibility for Documentary Stamp Tax (DST) will go to AFPSLAI.
  • It is not permitted to open more than one TD account.

Is the maximum deposit amount and placement time for SDA and CCA the same?

No, SDA traits are distinct from CCA features. The SDA has no limits on the amount that may be deposited and simply requires a Php 100 sustaining balance. Interest has no set placement dates and can be withdrawn at any moment because it is calculated based on the average daily balance. Dormancy fees, however, will be applied to accounts that haven’t had any deposits or withdrawals in the last two (2) years.

I am a former member of the PNP. Can I create an account for a pension?

Since all PNP pensions are now distributed through ATMs, we no longer provide our Pension Account for PNP pensioners.

Why didn’t my deposit receive a dividend each year?

Based on the Capital Contribution Account’s lowest quarterly balance (LQB), AFPSLAI calculates dividends (CCA). As a result, only deposits made prior to, during, or after the placement period as well as dividends received during the quarter will be taken into account for calculating dividends. This is given that all of the aforementioned deposits do not exceed the restrictions imposed by the Association. Since only the lowest amount for the quarter will be taken into account, withdrawals made throughout the quarter may also have an impact on how the dividend is calculated.

When may I withdraw my monthly capital contribution from AFPSLAI given that deductions from my pay are done on the fifteenth of each month?

You can only withdraw capital contribution deductions when the Finance Center sends them and AFPSLAI posts them to your account.

Can I deposit money into my pension account?

No, a pension account is solely meant to be used for pension payments.

Is the Philippine Deposit Insurance Corporation (PDIC) responsible for insuring my deposit accounts?

No, AFPSLAI is a financial institution that is not a bank. As a result, PDIC does not cover its deposits.

Can I have a co-depositor who is not a member of AFPSLAI?

No, co-depositors must be AFPSLAI members.

an additional deposit made on my behalf?

Yes, while making a deposit, your lawfully authorized representative may have access to your passbook. You are regarded and presumed to be aware of such deposit transactions.

Can a representative enter the sum or date on the withdrawal slip as the account holder has authorized it?

Yes, provided that the authorized representative’s name and the account holder’s signature are both visible in the place designated on the withdrawal slip. During the transaction, the authorized representative must also have the account holder’s AFPSLAI ID in their hands.

What conditions must be met before a withdrawal through a representative?

The prerequisites for withdrawal through a representative are as follows:

For Php 50,000 and belowFully accomplished withdrawal slip by the owner of the passbook case of a joint account, the signature of authorizing depositor is required in the “FOR JOINT ACCOUNTS/REPRESENTATIVES” portion of the withdrawal slipAFPSLAI ID or any valid ID of the depositorAFPSLAI passbook to (2) valid IDs of representative
For above Php 50,000Same requirements as above Special Power of Attorney (SPA)
If the member affix his/her thumb mark as a signatureFirst withdrawal transactionSPAMedical certificate house/hospital visit by Member Services Staff (to be scheduled)Succeeding withdrawal transactionSPAMedical CertificateProof of life wherein a photo of the depositor is holding the latest newspaper, the first page of which must be submitted to the Teller. The photo should be taken no longer than 2 days before the actual transaction.

If I lose my passbook, can I still withdraw money?

No, we do not permit withdrawals in cases of missing passbooks. An affidavit of Loss that has been notarized and given to the Member Services Staff must be used to declare the loss. The depositor’s membership is suspended while they wait for a new passbook to be supplied.

Can I still get cash out if I lose my passbook?

No, we do not allow withdrawals when passbooks are missing. The Member Services Staff must receive an affidavit of loss that has been notarized and utilized to certify the loss. While they wait for a replacement passbook to be sent, the depositor’s membership is suspended.

In CCA or SDA, where can I retrieve my overpayments?

You can remove compelled savings and overpayments from your CCA. Rebates, CRI refunds, loan profits, excess dividends, and PNL deductions, on the other hand, can all be withdrawn through your SDA.

I went a particular amount of time without making any withdrawal transactions. But why, at that time, were withdrawal transactions visible in my passbook?

Even if the member did not make the withdrawal transactions, they are nonetheless shown on the passbook for a number of reasons. The best place to get more information is at the AFPSLAI Branch or Extension Office closest to you, where our helpful staff will go through everything included in the passbook.

What is the Single Borrower’s Limit (SBL)?

It is the biggest debt a borrower is permitted to receive. It is calculated by dividing the normal monthly pay and benefits by 12, as well as the annual regular bonuses and incentives and any current AFPSLAI contributions.

What is the Credit Redemption Insurance (CRI)?

CRI is the insurance that, in the event of a qualifying borrower’s demise, will reimburse the balance of the outstanding loan.

Do I need to seek a co-maker?

Only Personal Loans require a co-maker.

Given that most loans do not require a co-maker, how may AFPSLAI recover from unpaid accounts?

AFPSLAI implements several collection techniques and corrective procedures to resolve collection from accounts with defaults.

Do you need to provide RIAS (IAS from Region) to apply for a salary loan?

Yes, however, you may also present PIAS (IAS from the Province) or a Certificate of No Pending Case from your unit or CO if you don’t have the aforementioned papers.

Can I get a loan even though I still owe money on my salary loan?

Yes. Depending on your ability to pay, you can apply for an emergency loan, a multipurpose loan, and other collateralized loan products.

When is my salary loan due for renewal?

Once your loan payment has reached at least 20% of the total borrowed, you may renew your salary loan.

Do I receive an overpayment for the ongoing monthly amortization deduction when I apply for a loan renewal?

No, the sum taken out of your paycheck will be regarded as the initial payment on your renewed loan. Your new loan balance will be less than the programmed loan amount as a result.

What will happen if I don’t renew my Back-to-Back Loan or pay the interest or principal by the due date?

Your Capital Contribution Account will be debited for the whole loan amount plus interest (CCA).

Can I apply for a Salary/Pension Loan even though I am not yet getting my pension?

Only once you start collecting your monthly pension may a loan be given. On the other hand, on February 12th, 2018, we unveiled a brand-new service called Commutation Loan, which is only available to Philippine Navy personnel who are approaching retirement.

Do you provide car loans for used cars?

Yes, AFPSLAI provides a Pre-Owned Vehicle Loan program through which Regular and Associate Members can buy pre-owned cars (sedans, SUVs, AUVs, vans, LCVs, high-end motorbikes, and other cars similarly classed) from a licensed dealer or private seller.

Do you purchase current debts made by other lending organizations?

Only AFP pensioners’ problem accounts that have been labeled as Resultant Accounts may be purchased from various lending institutions by us. A Resultant Account is the balance of a loan taken out while on active duty for which retirement benefit deductions were insufficient to pay off the whole obligation upon retirement.

What distinct benefits does AFPSLAI have over other lending organizations in terms of loan products?

The Association does not impose advance interest in addition to offering reduced interest rates. As a result, you often receive back what you borrow.

Do eligible members get loan rebates on a yearly basis?

No, loan rebates are only granted with the Board of Trustees’ consent. Rebates are only given to borrowers in good standing and are based on the annual financial outcomes of operations.

How long is a Special Power of Attorney (SPA) valid?

The SPA is valid as follows:

For 01, and 02 accountsLocally securedOne (1) year
Secured abroad (authenticated by the Philippine Embassy or Consulate in that country)Two (2) years
For pension accountsLocally securedSix (6) months
Secured abroadThe validity period depends on the judgment of Finance personnel

What would happen to a member’s loan balance if they pass away but their loan is still outstanding?

All loans made by AFPSLAI are secured by credit redemption insurance as of January 17, 2011. (except for Back-to-Back Loan and for that denied coverage by the insurance provider & whose age is over 80 years old). The insurance provider will cover the whole scheduled balance as long as the loan is current if the member/borrower passes away during the loan’s term. However, any current loans made prior to the aforementioned date will be protected in accordance with the relevant regulations.

Why are there no ATMs to make withdrawals available at any AFPSLAI branches?

Research on the availability of an ATM facility is now being assessed. For the time being, AFPSLAI and RCBC have partnered to offer the InstaCredit service, which allows member-borrowers to withdraw cash from any RCBC branch countrywide or collect their loan profits through their bank accounts. The pawnshops that RCBC partners with, which predominate in the areas where the AFPSLAI extension offices are situated, also provide fund transfers.

Why did “The Professional Groupeducational “‘s plan payments stop?

The Professional Group (TPG) requested rehabilitation, and in 2007 the court granted it. After then, a pro-rata payment plan was made public, and the first payments were made, but the rehabilitation effort was unsuccessful. In 2011, the court mandated that all of TPG’s assets be liquidated (converted to cash) and that the profits be distributed to all qualifying plan holders in accordance with a predetermined formula. The payout to plan holders is anticipated to begin by 2013.

Due to my work schedule, I am unable to monitor my deposit or loan accounts. Can I call or email to ask for my account or loan balance?

No, AFPSLAI respects the confidentiality of its members’ accounts and does not readily share information, provide details, or make any account modifications over the phone or over email. The staff in any of our branch or extension offices around the country would be pleased to help you, therefore we encourage you to do so.

Will AFPSLAI enhance its system to provide members with a quick and convenient service?

Yes, AFPSLAI regularly evaluates its systems and technological foundation to give its members the best possible service.