A salary loan is intended to meet your short-term credit needs such as credit card balance, long-planned home appliances, or well-deserved vacation trip with the family. Employers can apply for their employees if their payroll is disbursed through GRBank.

  • Low add-on rates
  • Fast processing of loan approval
  • Amortized payment against salary deduction
  • Maximum of one (1) year term
  • With co-maker
  • Employer
    – Company profile
    – Corporate documents
    – List of employees
    – Summary of enrollees (if school)
    – Memorandum of Agreement
  • Employee
    – COE / Payslips
    – Valid IDs
  • Passport including those issued by foreign governments
  • Driver’s license
  • Professional Regulation Commission (PRC) ID
  • Postal ID
  • Voter’s ID
  • Taxpayer Identification Number (TIN)
  • Government Service Insurance System (GSIS) e-Card
  • Social Security System (SSS) card
  • Senior Citizen card
  • Overseas Workers Welfare Administration (OWWA) ID
  • Overseas Filipino Worker (OFW) ID
  • Government office and Government-owned and Controlled
  • Corporation (GOCC) ID (e.g., Armed Forces of the Philippines
  • (AFP), Home Development Mutual Fund (HDMF) IDs)
  • ID issued by the National Council on Disability Affairs
  • Integrated Bar of the Philippines (IBP) ID
  • Company IDs issued by private entities or institutions registered with or supervised or regulated either by the Bangko Sentral ng Pilipinas (BSP), Securities and Exchange Commission (SEC) or Insurance Commission (IC)
  • PhilHealth Health Insurance Card ng Bayan
  • National Bureau of Investigation (NBI) Clearance
  • Police Clearance
  • Barangay Certification
  • Seaman’s Book
  • Alien Certificate of Registration / Immigrant Certificate of Registration
  • Department of Social Welfare and Development (DSWD) Certification
  • Professional ID cards issued by Maritime Industry Authority (MARINA)
  • Philippine Identification System ID (Philsys)