Philippine Veterans Bank
PVAO Pension Loan

PVAO Pension Loan

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A Loan Built on the Pension You've Earned

Designed to support the financial needs of qualified PVAO pensioners and their families, the Pension Loan offers flexible financing for various personal expenses. With loan amounts of up to ₱500,000, a repayment term of up to 3 years, and Credit Redemption Insurance, it provides additional financial support during retirement.

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Why Choose a PVAO Pension Loan?

A pension loan built around the benefits and protection that matter most to PVAO pensioners and their families.
Up to ₱500,000

Up to ₱500,000

Borrow against your PVAO pension, with loanable amounts based on your age, loan tenor, and other conditions.

Same-Day Release

Same-Day Release

Get your loan on the same day when your PVAO pension is already credited to your PVB account.

Protected by Insurance

Protected by Insurance

Every loan includes Credit Redemption Insurance, so your family is never left with the balance.

PVAO Pension Loan at a Glance

See the key loan details, from loan amount to available payment terms.

Loan Amount

Depending on your age, chosen loan term, and other applicable conditions.

Loan Term

Provided that your age does not exceed 70 years old at loan maturity.

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.

Additional Benefits

Extra protection and convenience built into every PVAO Pension Loan.
Credit Redemption Insurance (CRI)

Credit Redemption Insurance (CRI)

The loan comes with Credit Redemption Insurance to help cover the remaining loan balance in the event of the borrower's death.

Same Day Processing

Same Day Processing

Eligible pensioners whose pension account is maintained with Veterans Bank may enjoy same day processing.

Who Can Apply?

Check the basic employment and income qualifications to see if you’re eligible to apply for an auto loan.

You may apply if you meet the following qualifications:

Qualified PVAO pensioner or a surviving family member (spouse or parent) receiving a PVAO pension

Pension account maintained with Philippine Veterans Bank

Of legal age and below 70 years old at loan maturity

No outstanding loan balance or delinquency with PVB

Loan Calculator

LOAN FEATUREDETAILS
Maximum LoanableP500,000
Interest Rate23.61% p.a.
Installment Terms6 – 60 months

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Estimated Monthly Installment

₱0.00

Disclaimer: All figures shown are indicative only. Actual values may vary and are subject to final validation and approval.

What You'll Need to Apply

New PVAO PVB Pensioner

New PVAO PVB Pensioner

  • PVAO ID or PVAO Certification

  • 4 pcs 2×2 and 1×1 ID photos

  • CENOMAR (for a surviving spouse aged 65 and below)

  • 1 government-issued ID

Transferring From Another Bank or SLAI

Transferring From Another Bank or SLAI

  • Application for Old Age Pension or PVAO ID

  • 1 government-issued ID

  • Certificate of No Loan Balance from other banks or SLAIs

  • ATM or passbook of your pension account, plus 4 pcs 1×1 ID photos

Let’s Move Your Plans Forward

Let’s Move Your Plans Forward

Visit a Veterans Bank branch near you and discover banking solutions designed around your needs and goals.

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