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NAME OF BORROWER: /
(RANK) (F RST NAME) (M DDLE NAME) (LAST NAME)
r' LOAN TYPE: E POU CY LOAN ESALARY LOAN PLUS E EMERGENCY LOAN
E UUII .PURPoSE LoAN f]cauu w LoAN
/ AMOUNT OF LOAN: r' TERM:
F LED BY= /
ve
Name and Slgneturc of ApplicanuReofef,enta Date
Did the applicant personallv submit the loan application and other E YES E lrto
documents to you?
If the answer is YES, do you attest that: Specimen srgnatures were fIYES E No
pensonally, affixed by the applicant in your presence and vertfid that
the said signatures are similar to the signaturc appearing in the
identification ca rdls presented?
b. Did you verify by way of tetephone calt to the applicant the veracity EYES E trto
of the loan application? Please indicate telephone number
3. Do you certify that there are no conditions like medical illness, pending case, E YES E NO
or any other condition known to you at the time of loan application,
that will cause non-payment of loan amortization by the applicant?
By pmviding my signature below, I hereby confirm that all information disclosed above is conect and complete
ln case of disrissal, E6ignatim, separation, voluntary oa compdsqy retirern€nt or Eminalion horn tle ssrvic€ lor Yrh&!,s. car6e, l, as the
boflqver shall pay the q&iarding rsmai ng balance, irrcluding inter€6t, co6b, finss, f€€6, penalties, and other chargss to PSMBFI fom any and all pay
and b€nefib due me or legal h€ils ftom my untimoly dsath.
I hsreby expessly waive all my rights under S€ction 13 Ruls 39 of the Rul€s of Court. R€puHic Act No6..675 (PNP Law), 4917 (Retirement
Benefib of Emploi?eg; ot fiivatq fims),-gSiO (Crcdit lnformation System), '10173 (Data PrivEy), and to any and all statutory plovbirE rdating b rhe
confider iality of intomation.
I fully understand that the loan obligation is a contract between the PSMlBFl and the undersigned bonower and thus, heteby etssume all the
obligation that may arise thereof and hereby understand the PNP FS is not privy to the contlrct of loan executed with PSMBH, hn is rnerely authorized
pursuant to GAA to deduct loan obligation/s ftom the salaries of employees/retirees.
Thumbrnarks
{
Signature over Printed Name of Bonower
Doc. No.
Page No- -
Book No.
Series of
DO NOT WRITE THIS LINE
PRINCIPAL
OUTSTANDING BALANCE
NET PROCEEDS
MONTHLY AMORTIZATION
ln consk eration of the loan received ftom PUBLIC SAFETY MUTUAL BENEFIT FUND, lNC., I hereby
acknowledge the folloiving:
1. Principal Amount
Loan Term
Monthly Amortization
2. As security of this loan, I hereby assign all rights and interest on my Equity Plan Certmcate of
Membership as member of PSMBFI, up to the extent of loan balance.
3. All indebtedness under this loan shall become due and payable, and the Equity Value can be used to pay
off the indebtedness in case of:
4. lf for any reason, the agency/organization to which I am receiving my salary is unable to deduct the
monthly arnortization from my salary, I shall immediately remiupay direcfly the monthly amortization to
PSMBFI ffice. Otherwise, the unpaid installment shall eam interest at additional rate of Yo and
shall continue accruing interest until fully paid.
5. Pr6.termination of loan shall be subject to a fee equivalent to five (5%) percent of the pdncipal balance
plus any unpaid interest.
6. ln case of separation from the service for whatever cause, the unpaid balance, including its accumulated
interest and surcharges as stipulated above, shall be deducted ftom my last paynent, commutation of
leaves, pension and all other separation benefits and thereby waive my rights under applicable rules.
7. ESCALATION CLAUSE PENALTIES ATTORNEY'S FEES, COST & VENUE. ln case of non-payment of
two (2) successive installments, the whole sum shall become immediately due and payable without need
of demand or notice, and I agree to pay by way of cash or deduction ftom my Equity Value as penalty
charges an additional amount equivalent to ( %) percent per annum of the
total amount due, until fully paid and %) of the total amount due as
attomey's fees plus cost of suit and other litigation expenses. Proper courts in San Juan City, Philippines
shall be exclusive venue of any suit arising from this agreement.
,/
Signature over Printed Name of Borower
DEED OF UNDERTAKING
(Author zat on to Deduct)
4. At the time of severance from service, I further authorize the Philippine National
Police, in particular, the Retirement Claims and Funds Management Division,
(RCFMD) and/or Pension and Gratuity Division (PGD) of PNP Retirement and
Benefits Administration Service (PRBS), or Directorate for Finance, as the ffise
maybe, to deduct the outstanding balance as of retirement date due to PSMBF!,
from my Commutation of Accumulated Leave (CAL) claims and Lump
Sum/Retirement Gratuity claims and monthly pension;
Doc. No._
Page No--
Book No._
Series of
Republic of the Philippines)
) S.s
1. I attest that during my employment with the PNP, I obtained a loan from PSMBFI and which at
the time of my separation from service (death, dismissal, resignation, voluntary or compulsory
retirement, termination, or for whatever cause/reason) remains unpaid. At the time of my
separation from service from the PNP, I hereby authorize any of these Offices to deduct from
my Commutation of Accumulated Leave (CAL), Lump Sum/Retirement Benefits, and Pension,
any and all outstanding obligation I have incurred in favor of PUBLIC SAFETY MUTUAL
BENEFIT FUND, tNC. (PSMBF!);
2. I am executing this power of attomey voluntarily, without force and intimidation, for the purpose
of informing these Offices that I have fully, freely, and voluntarily authorized them to deduct my
PSMBFI outstanding loan obligation from my Commutation of Accumulated Leave (CAL), Lump
Sum/Retirement Benefits, and Pension and consequently for the settlement of my loan
obligation with PSMBFI;
3. I further authorize any of these Offices to remit and directly pay to PSMBFI any amount
collected from Commutation of Accumulated Leave (CAL), Lump Sum/Retirement Benefits, and
Pension representing payment for my loan obligation.
,/
SIGNATURE OVER PR NTED NAME
ACKNOWLEDGEMENT
Notary Public
Doc. No.
Page No._
Book No.
Series of
CRED T L FE NSURANCE APPL CAT ON FORM
MEMBER-BORROWER INFORMATION
Last Name First Name Middle Name Qualifier k unt No
IOAN PARTICULARS
Status of Loan Payment Terms
New Loan I Re-Loan !
Amount in Words Peso Value
TO BE FILLED UP BY PSMBFISTAFF
CLI Premium Amount of Coverage: Effective Date: Termination Date
I hereby declare that all foregoing answers and statements are complete, true and correct. I hereby agree that if there be any fraud or misrepresentation in the
above statement material to the risk, PSMBFI, upon discovery within six months from the effective date of insurance, shall have the right to declare such
nulland void.
i;urance
Signature of M ember-Borrower
FS*SFt
PUBL C SAFETY MUTUAL BENEF T FUND, NC.
No. 3L8-320 Santolan Rd., cor. 1't and 2nd West Streets, San Juan City, Metro Manila
Tel. No. 7 25-L67 5 ; 7 26-aO7 O ; Telefax No. 7 26 -7 25O
Tl N No. 2OO-568-485-O00O; ema il :customerca re@ psm bf i.com' ph
r*a?
(lYame of Member-Borrower)
PRESIDENT