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.
- 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.