An instantaneous money facility that prepares workers for the unexpected — anytime, anywhere.

An instantaneous money facility that prepares workers for the unexpected — anytime, anywhere.

What exactly is Income Advance?

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Income Advance was that loan system that enables workers to advance on the next wage into the quickest and a lot of way that is convenient.

Simply by giving an SMS, loan profits would be credited with their account within ten full minutes. When it is within the payroll account, the consumer can withdraw the funds through any ATM. Income Advance is just open to workers whoever businesses is Wage Advance-Accredited.

Get Accredited: Manager

  1. Speak to the protection Bank group.
  2. Distribute the documents that are required accreditation.
  3. Wait for processing and assessment of the application (3-4 months).
  4. Need the MOA signed and submit documentary that is post-approval.
  5. Upon approval, we shall setup a booth at your office to need their employee’s applications.

Get Enrolled: Employee

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  1. Entirely fill-out and sign the Credit contract type.
  2. Distribute the form with the documentary criteria.
  3. Wait for formal SMS alert with their enrollment confimation and borrowing limit.


I will be a company

Ready your employees when it comes to unforeseen. Provide them with usage of the fastest & most convenient wage advance regimen.

I’m a member of staff

In case your providers doesn’t provide wage Advance, inquire further to obtain accredited Fill in the we’ll and form go after that.


  • At the least 21 yrs old and must not be a lot more than 65 ages old upon loan readiness
  • Employee of Income Advance- Accredited Providers
  • Filipino / Foreigners/Expats provided term of loan will be co-terminus with contract and/or amount of visa’s credibility
  • Bank will maybe not play any checking of work status (regular/permanent) or tenure. Rather, debtor should have at the least 6 months’ worth of payroll credits
  • Registered company when you look at the Philippines
  • At the very least 100 qualified workers
  • Payroll customer of Protection Bank


  • Completely achieved Credit Agreement Type
  • One ID that is primary or Additional IDs
  • Should have a number that is mobile landline
  • With announced 2 guide individuals with corresponding email address through the signing of credit contract
  • Memorandum of Contract (MOA)
  • Secretary certification or Board quality reflecting authorized signatories associated with team

What exactly is Wage Advance (SALAD)? It really is that loan system created and made available from safety Bank that enables workers to advance on their next income into the quickest and a lot of convenient way feasible.

Essential note: It is not a member of staff perks however a scheduled system of protection bank to choose payroll customers.

Who is able to avail? Income Advance is accessible to employees whoever businesses are Wage Advance-Accredited.

Ways to get accredited? Companies could get in contact with the protection Bank group for certification, and submit the mandatory papers for certification.

Who’s entitled to avail of SALAD? Minimal specifications:

  • active worker with regular/permanent reputation of employment
  • without any adverse findings

Have always been I immediately enrolled and/or approved to avail the income Advance? No. There was an eligibility requirement to avail wage Advance. The minimal needs is:

  • active worker with regular/permanent reputation of employment
  • without any findings that are adverse

*Applications with discrepancies on account details: name/ employee number, payroll account quantity, duplicate numbers which are mobile be placed on hold for further verification. A Bank’s agent shall contact you for further verification and directions.

I’m a newly employed worker and possess presented the Credit Agreement kind (CAF), may I currently avail wage Advance? You could just avail income Advance when you yourself have an employment status that is regular/permanent. Listed here are the minimal demands:

  • active worker with regular/permanent reputation of work
  • without any adverse findings

Just how much can I avail in wage advance? Minimal amount which can be availed: P5,000.00 Optimum levels which can be availed: Assigned borrowing limit

So what does assigned borrowing limit suggest? The credit that is assigned try equal to the individual’s average net salary credited to payroll account fully for the very last half a year or P30,000.00 whichever is gloomier.

Will the assigned borrowing limit range from one worker to another? Yes. Your assigned borrowing limit changes with regards to the typical salary that is net to their payroll take into account the final half a year.

Why ended up being my colleague authorized with higher borrowing limit regardless if we had been getting the exact same wage? The assigned borrowing limit are in line with the average net wage credited towards the payroll account fully for the last half a year however the loanable levels remains at the mercy of “debt-burden ratio of 50%”. This means their amortization, which reference their payment per month, must certanly be for the most part 50% of one’s total monthly web salary credit LESS any amortization re payments for any other loans with SBC (where relevant).


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