Easi-APDS Loan 2018-09-13T17:53:04+00:00

Easi-APDS Loan

Automatic Payroll Deduction Salary Loan

Easi-APDS  Loan is a non-collateral program offered to the teaching and non-teaching personnel employed by the Department of Education (DepEd). China Bank Savings is a duly accredited APDS Private Lending Institution with Deduction Code 1151.

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Enjoy this unique perk of being a dedicated government employee

Easi-Automatic Payroll Deduction Salary Loan is a multi-purpose, non-collateral program offered to the teaching and non-teaching personnel of the Department of Education. Borrow from a minimum of P5,000 to a maximum a maximum of P1 million, payable in 12, 24 or 36 months.

FREE life insurance coverage equivalent to the outstanding balance in the first three months. Coverage increases to 1.5 times of the outstanding loan balance from the fourth month onwards, up to P1 million.

Requirements

  • Duly accomplished Application Form
  • Photocopy of last 3 months payslip
  • Original and photocopy of Permanent Appointment
  • Photocopy of 2 Valid IDs
    For teachers;
  • For teachers – DepEd ID and PRC ID
  • Non-teaching DepEd Employees – DepEd ID and any government issued ID
    For non-teaching Department of Education employees;
  • Department of Education ID
  • Any government-issued ID

APDS is available to Department of Education employees with payrolls processed under the following Department of Education offices:

1. Regional Payroll Services Unit (RPSU)
2. Autonomous Secondary Schools
3. Division Payroll Services

China Bank Savings is a duly accredited APDS Private Lending Institution of the Department of Education with Deduction Code 1151.

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