Armed Forces and Police Savings & Loan Association, Inc. Your Partner in Financial Security

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As a trusted partner for those in uniform, the Armed Forces and Police Savings & Loan Association, Inc. offers a range of financial services designed to meet their unique needs.

The Association has been serving the financial needs of military personnel and law enforcement officers for over 90 years, providing a safe and secure way to save and invest their hard-earned money.

With a strong focus on community and customer service, the Association has built a reputation for being a reliable and trustworthy financial institution.

The Association's commitment to serving those in uniform is evident in its mission to provide financial security and stability to its members, helping them achieve their long-term goals and dreams.

About AFPSLAI

AFPSLAI is a banking corporation in the Philippines associated with the Philippine military and police. It's a unique financial institution that caters to the needs of its members.

As of 2016, AFPSLAI had a substantial 69 billion Philippine pesos in assets, which are exempt from taxes in the Philippines. This is a significant advantage for its members.

Credit: youtube.com, APRUB - ARMED FORCES AND POLICE SAVINGS & LOAN ASSOCIATION INC. (July 11)

There are currently 21 branches within the Philippines, along with 50 extension offices. This wide reach makes it convenient for members to access their financial services.

AFPSLAI has a reputation for offering tax-free, high-yield dividend products to its members, which are not insured by the PDIC. Quarterly contributions to the higher-yielding investments are capped.

AFPSLAI has a significant membership base, with around 500,000 members. This large membership base is a testament to the trust and confidence that its members have in the institution.

AFPSLAI's bylaws are subject to approval by the Bangko Sentral ng Pilipinas, ensuring that the institution operates within the bounds of the law. This level of oversight provides an added layer of security for its members.

AFPSLAI is a type of mutual savings bank, which is a cooperative banking system that allows members to benefit from each other's financial contributions. This approach fosters a sense of community and shared responsibility among its members.

Membership and Application

Credit: youtube.com, How to register in AFPSLAI Mobile App Online #Afpslaimobileapp #Afpslai #Famaly

To apply for AFPSLAI membership, you'll need to gather the necessary documents. Active military and police personnel need to submit their Daily Time Record, Certification from Unit Commander, and Authenticated Birth Certificate.

For those who are retired or dependents, the requirements are slightly different. To join, you'll need to submit a Retirement Order, Marriage Contract, Birth Certificate, and valid IDs.

These documents are crucial in verifying your identity and eligibility for membership. Make sure to have all the necessary documents ready before submitting your application.

Places Inside

If you're a member of the Armed Forces and Police Savings & Loan Association, Inc. (AFPSLAI), you'll have access to various facilities within the organization.

You can visit the AFPSLAI Clinic or Doctor's Office for medical services.

Some members also make use of the Landbank ATM located at AFPSLAI, Capinpin Ave, Camp Aguinaldo (EDSA).

Documents Required for Afpslai Membership Application

To apply for AFPSLAI membership, you'll need to submit some essential documents. For active military and police personnel, these include a Daily Time Record, Certification from Unit Commander, and Authenticated Birth Certificate.

Retirees and dependents, on the other hand, need to submit a Retirement Order, Marriage Contract, Birth Certificate, and valid IDs.

The AFPSLAI website makes it easy to navigate and find the required documents, providing a comprehensive look at the benefits and how to avail of them.

Membership Requirements

Military Personnel Searching the Wreckage
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To become a member of AFPSLAI, you'll need to submit the right documents. Active military and police personnel need to submit their Daily Time Record, Certification from Unit Commander, and Authenticated Birth Certificate.

If you're an active military or police personnel, you know how important it is to get these documents in order.

Contributions and Deposits

You can pay your AFPSLAI contributions and savings deposits online through accredited payment channels or on the AFPSLAI website.

The AFPSLAI website, mobile apps, and authorized payment centers nationwide are also available options for making payments.

To pay over the counter, simply head to an authorized payment center near you.

Programs and Services

AFPSLAI offers a range of benefits to its members, including financial aid for education.

The Mutual Aid Savings and Loan Program provides support to members in need. The Housing Program helps members secure affordable housing.

Members can also access the Calamity Loan Program for emergency financial assistance. The Retiree Assistance Program supports members in their retirement years.

The Educational Assistance Program provides PHP 20,000 per school year for a maximum of 5 years to unmarried, legitimate dependent children pursuing college. To be eligible, members must be active for at least 3 consecutive years and meet other criteria stated in the association's by-laws.

A fresh viewpoint: Savings Deposit Program

How to Pay Contributions and Savings Deposits

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Paying your AFPSLAI contributions and savings deposits is a breeze. You can do it online through accredited payment channels, the AFPSLAI website, or mobile apps.

There are also authorized payment centers nationwide where you can pay over the counter.

These options give you the flexibility to choose the method that suits you best.

Educational Assistance

AFPSLAI offers an Educational Assistance Program that provides financial aid to unmarried, legitimate dependent children pursuing college.

To be eligible, you must be an active AFPSLAI member for at least 3 consecutive years and meet the association's criteria.

Grantees receive PHP 20,000 per school year for a maximum of 5 years.

This program is one of the many benefits offered by AFPSLAI, which also includes the Mutual Aid Savings and Loan, Housing Program, and other offerings like the Calamity Loan Program and Retiree Assistance Program.

AFPSLAI's range of benefits is outlined in detail in their programs and services section.

Closing Thoughts on AFPSLAI Website

Credit: youtube.com, 2nd time with Armed Forces and Police Savings and Loans Association, Inc. (AFPSLAI) March 27, 2023

The AFPSLAI website is a game-changer for military and police personnel, retirees, and their dependents. It's a one-stop hub that provides ready access to program information, online services, announcements, and member resources.

Navigating the site is a breeze, giving you a comprehensive look at AFPSLAI's benefits and how to take advantage of them. This makes it easy to maximize the available online facilities for convenient and efficient transactions.

The website is designed to cater to members' needs and interests, making it a valuable resource for those who want to stay informed and up-to-date.

Frequently Asked Questions

What is the AFPSLAI dividend for 2024?

The AFPSLAI dividend for 2024 is 17% per annum, with a quarterly rate of 4.25% starting October 21, 2024. The dividend payout schedule begins on October 21, 2024, with payments made in two batches.

What does AFPSLAI stand for?

AFPSLAI stands for Armed Forces and Police Savings and Loans Association, Inc., a financial institution serving the needs of military and law enforcement personnel. Learn more about their services and benefits for members.

Who can invest in AFPSLAI Philippines?

Eligible investors include active, retired, and honorably discharged personnel from the AFP, PNP, BFP, BJMP, and AFP reserve officers who have served at least one term of three continuous years. They can invest in AFPSLAI Philippines to secure their future.

How many branches of AFPSLAI are there in the Philippines?

AFPSLAI has 21 branches in the Philippines, providing convenient access to its services.

Vanessa Schmidt

Lead Writer

Vanessa Schmidt is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for research, she has established herself as a trusted voice in the world of personal finance. Her expertise has led to the creation of articles on a wide range of topics, including Wells Fargo credit card information, where she provides readers with valuable insights and practical advice.

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