ANNOUNCEMENT

TO: All Provident Fund Members
Please be informed that effective March 1, 2016, the BJMP Provident Fund will be implementing the BUENA MANO LOAN in the maximum amount of P20,000.00 with 6% interest per annum and payable in one (1) year on a FIRST COME FIRST SERVE BASIS.

REQUIREMENTS:

  1. Latest payslip with Net Take Home Pay (NTHP), and
  2. BJMP Provident Fund/BJMP Identification Card (Photocopy Front and Back of ID).         
  3. No pending administrative case.

 

Interested members can now file their application form at the Provident Fund Office located at 3rd floor BJMP-NHQ Building (in front of Directorate for Operations) for evaluation and processing.

The Provident Fund shall strictly apply the approved Net Take Home Pay (NTHP) of personnel and the no pending administrative case policy.

                                                                  
PROVIDENT FUND

LOAN COMPUTATION
PRINCIPAL 6% INTEREST NOTARIAL FEE NET LOANABLE AMOUNT MONTHLY DEDUCTION TERMS
 20,000.00       1,200.00 150.00               18,650.00                         1,666.67 12 MONTHS
 19,000.00       1,140.00 150.00               17,710.00                         1,583.33 12 MONTHS
 18,000.00       1,080.00 150.00               16,770.00                         1,500.00 12 MONTHS
 17,000.00       1,020.00 150.00               15,830.00                         1,416.67 12 MONTHS
 16,000.00           960.00 150.00               14,890.00                         1,333.33 12 MONTHS
 15,000.00           900.00 150.00               13,950.00                         1,250.00 12 MONTHS
 14,000.00           840.00 150.00               13,010.00                         1,166.67 12 MONTHS
 13,000.00           780.00 150.00               12,070.00                         1,083.33 12 MONTHS
 12,000.00           720.00 150.00               11,130.00                         1,000.00 12 MONTHS
 11,000.00           660.00 150.00               10,190.00                            916.67 12 MONTHS
 10,000.00           600.00 150.00                 9,250.00                            833.33 12 MONTHS

FORMS

     > Loan Application Form
     > Loan Form 1 - Written Manifestation to Join the BJMP Provident Fund
     > Loan Form 3 - Written Authority to Deduct Membership Fee and Contribution

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