Your re payment deadline is predicated on your payroll cut-off dates, amortization are immediately debited from your own payroll account 2 banking times before your real payout.
Whenever will my amortization that is first begin? Whenever is my due date? very first deadline is the instant payroll date after your availment. Nonetheless, in the event that you avail five (5) times before from your own payroll date, very first deadline could be the payroll date that is succeeding.
just just How is my amortization deducted from my payroll? The total amount due would be placed on hold at the least 2 banking times before the payout schedule that is declared. Which means that available funds comparable not significantly more than the quantity due will currently be placed on hold and should not be withdrawn through the account. Presumptions:
- If payout is planned for a hold-out date schedule is wednesday friday.
- If payout routine is Wednesday, hold on routine is Saturday**
- If payout is planned on A saturday and sunday, hold-out date routine is wednesday.
- If payout is planned on Monday, hold-out routine is Thursday.
- If payout is planned on a vacation, hold-out date will undoubtedly be relocated to banking that is previous plus 2 banking times.
*Available funds comparable not significantly more than towards the quantity due should be placed on hold (may not be withdrawn through the payroll account) 2 banking times prior to the real payout date.
**In the light of this General Community Quarantine, hold condition schedules for reports may continuously change as we enhance our procedures within the brand brand brand new normal.
Just how long maybe there is a hold on regarding the quantity due?
Whenever will this be lifted? The hold on will once be lifted the quantity due is debited from your own payroll and used as payment for the amortization. Posting of re re payment will be the following banking time after your payroll is credited on the account.
Are there any fees and costs become deducted whenever I avail associated with the SALAD? A processing fee will be automatically deducted from the loan proceeds that would be credited to your account for every availment.
Just how much may be the belated repayment cost if we missed a repayment? a payment that is late of Php125 would be deducted for each missed payment inside the period for the loan. A fixed fee of PHp250 will apply per month after loan maturity.
Just how do I register my number that is mobile for SALAD application? You need to accurately suggest your individual “Active” cell phone quantity regarding the Credit Agreement Form (CAF).
Important Note: take note sharing of cell phone figures just isn’t permitted and any deviation/discrepancy on mobile quantity might cause delays in processing.
It take to process if I choose to change my mobile number, how long will? Changing of mobile number in SALAD will likely to be prepared in three (3) banking times. Please phone the SBC customer support Hotline at 8887-9188 or e-mail email protected
Crucial Note: you can easily alter or upgrade your subscribed mobile number also for those who have a superb balance with Salary Advance. Processing for update of the mobile quantity takes 3 banking times.
How can I apply for SALAD? You’ll use or enrol by publishing the annotated following:
- Duly filled-out and finalized Credit Agreement Form (CAF).
- Photocopy of just one legitimate ID with target or 2 additional IDs with target
Where can I have the Credit Agreement Form (CAF)? The Credit can be got by you Agreement Form (CAF) into the following:
- SAFETY BANK branches nearest at your neighborhood or;
- Down load the CAF
Exactly just exactly What legitimate IDs can we distribute? You might submit 1 main ID or any 2 secondary IDs. These must certanly be photo bearing with signature along with target. Photocopies of back and front of the said IDs should really be submitted.
What exactly are thought to be main legitimate IDs? Driver’s License, PRC 
ID, Digitized Voter’s ID, GSIS e-card, SSS Card, Unified Multi-purpose ID, ACR/ICR, incorporated Bar of this Philippines, class ID, NCDA ID, Passport and Postal ID (PVC credit card)
What exactly are thought to be additional legitimate IDs? Company ID, TIN ID, NBI Clearance, Police Clearance, Postal ID, Barangay Certification, OWWA ID, OFW ID, Seaman’s Book, AFP ID, HDMF ID, DSWD Certification, PHICB ID, City wellness Card/wellness Certificate Card
Exactly exactly exactly How am I going to be notified of my SALAD that is successful application/enrollment? A sms that is official alert be provided for your mobile quantity for the immediate following:
Can I be notified if my enrolment had been declined? Yes. You shall get an SMS notification concerning the status of your SALAD enrolment.
Just exactly just exactly How then do I avail of Salary Advance once i will be enrolled? You might avail by texting the after syntax:
- Amount and amount of deductions must not have commas, durations or centavos. Just whole figures will be accepted.
- DO NOT response to the welcome SMS from safety Bank. Clients should text to 2346 as suggested within the welcome SMS.
- All SMS demands and verification with proper structure are COMPLIMENTARY.