Loan Amount
Depending on your age, chosen loan term, capacity to pay, and other applicable conditions.
AFP Pension Loan
Honoring Your Service with Financial Support
Designed to support the financial needs of qualified AFP pensioners and their eligible family members, the Pension Loan provides additional funds for personal and financial needs. It offers loan amounts of up to ₱1.5 million, a repayment term of up to 3 years, and Credit Redemption Insurance for added protection.
Why Choose an AFP Pension Loan?
A pension loan built for the men and women who served in the Armed Forces of the Philippines and their families.
Up to ₱1.5 Million
Borrow against your AFP pension, with loanable amounts based on your age, loan tenor, and capacity to pay.
Flexible 3-Year Terms
Repay over a term of up to three years, with loan maturity before age 70.
Protected by Insurance
Every loan includes Credit Redemption Insurance, so your family is never left with the balance.
Who Can Apply?
Check the basic eligibility requirements to see if you qualify to apply for an AFP Pension Loan.
You may apply if you belong to any of the following: |
AFP Pensioners — Available to retirees from the Philippine Army (PA), Philippine Air Force (PAF), and Philippine Navy (PN). |
Surviving Family Members — Surviving spouses, widowers, and parents of deceased AFP pensioners may also apply. |
AFP Pension Loan at a Glance
See the key loan details, from loan amount to available payment terms.
Loan Amount
Loan Term
Credit Redemption Insurance (CRI)
Rates and features are indicative and may change without prior notice, subject to Bangko Sentral ng Pilipinas regulations. Please confirm current terms with your servicing branch.
Loan Calculator
LOAN FEATUREDETAILS
Maximum LoanableP1,500,000
Interest Rate18.89% p.a.
Installment Terms12 – 60 months
What You'll Need to Apply
AFP Pensioners
AFP ID and one (1) other valid government issued ID
Retirement Order
Four (4) 2×2 ID photos
ATM card or passbook from the pensioner's depository bank
AFP Surviving Spouses, Widowers, or Parents
AFP ID and one (1) other valid government issued ID
Retirement Order or Posthumous Order if the pensioner was killed in action
Four (4) 2×2 ID photos
Certificate of Legal Beneficiary or Declaration of Legal Beneficiary
CENOMAR or Certificate of No Marriage from the PSA for surviving spouses or widowers aged 65 years old and below
Photocopy of the ATM card or passbook from the pensioner's depository bank
Let's Move Your Plans Forward
Visit a Veterans Bank branch near you and discover banking solutions designed around your needs and goals.