Your re payment date that is due centered on your payroll cut-off times, amortization is going to be immediately debited from your own payroll account 2 banking times before your actual payout.
Whenever will my amortization that is first begin? Whenever is my deadline? Very first date that is due the instant payroll date after your availment. Nevertheless, in the event that you avail five (5) times before from your own payroll date, very first deadline would be the payroll date that is succeeding.
exactly How is my amortization deducted from my payroll? The total amount due will likely be placed on hold at the least 2 banking times before the payout schedule that is declared. Which means available funds comparable although not a lot more than the quantity due will be put on already hold and cannot be withdrawn through the account. Presumptions:
- If payout is planned on a hold-out date schedule is wednesday friday.
- If payout routine is Wednesday, hold on routine is Saturday**
- If payout is planned on an and sunday, hold-out date schedule is wednesday saturday.
- If payout is planned on Monday, hold-out routine is Thursday.
- If payout is planned on a vacation, hold-out date should be relocated to past banking time plus 2 banking times.
*Available funds comparable not significantly more than towards the quantity due should be placed on hold (is not withdrawn through the payroll account) 2 banking times prior to the real payout date.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 records may continuously change as we enhance our procedures when you look at the brand brand brand new normal.
Just how long maybe there is a hold on associated with the quantity due?
Whenever will this be lifted? The hold on will once be lifted the total amount due is debited from your own payroll and used as payment for the amortization. Posting of re re re payment will be the following banking time after your payroll is credited in your account.
Are there any fees and costs become deducted once I avail for 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 late repayment cost of Php125 will undoubtedly be deducted for each and every missed re re re payment inside the period regarding the loan. A fixed fee of PHp250 will apply per month after loan maturity.
How can I register my number that is mobile for SALAD application? You need to accurately suggest your individual “Active” cellular phone quantity regarding the Credit Agreement Form (CAF).
Crucial Note: take note sharing of cell phone figures just isn’t permitted and any deviation/discrepancy on mobile quantity may cause delays in processing.
If I elect to alter my mobile quantity, just how long can it decide to try procedure? Changing of mobile number in SALAD is going 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: it is possible to alter or upgrade your subscribed number that is mobile for those who have a superb stability with Salary Advance. Processing for update of one’s mobile quantity takes 3 banking times.
How can I use for SALAD? You are able to use or enrol by publishing the immediate 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 we get the Credit Agreement Form (CAF)? You will get the Credit Agreement Form (CAF) towards the after:
- SAFETY BANK branches nearest at your neighborhood or;
- Down load the CAF
just just What IDs being legitimate we distribute? You might submit 1 main ID or any 2 IDs that is secondary. These must be photo bearing with signature along with target. Photocopies of back and front of the said IDs ought to be submitted.
Exactly what 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, Integrated Bar for the Philippines, class ID, NCDA ID, Passport and ID that is postalPVC credit card)
What exactly are regarded as additional IDs that are valid 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 How can I be notified of my effective SALAD application/enrollment? a formal sms alert will be provided for your mobile quantity for the immediate following:
Can I be notified if my enrolment had been declined? Yes. You will get an SMS notification in regards to the status of your SALAD enrolment.
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 into the welcome SMS.
- All SMS demands and verification with proper structure are COMPLIMENTARY.
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