I’m a Newly Hired Employee and Have Submitted the Credit Agreement Form (CAF), Can I Already Avail Salary Advance?

Written By Security Bank ()

Updated at September 8th, 2020

You may only avail Salary Advance if you have a regular/permanent employment status. The following are the minimum requirements:

  • active employee with regular/permanent status of employment
  • With average net monthly payroll credits for the last 6 months of at least:
    Non-BPO BPO
    Php 10,000.00 for 1st loan availment Php 20,000.00 for 1st – 4th loan availment
    Php 5,000.00 for repeat clients Php 15,000.00 for 5th loan availment onwards
  • with no adverse findings

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