The Philippine National Bank (PNB), in partnership with the Social Security System (SSS), recently launched the PNB SSS Pensioner Loan Program.
Open to all active SSS pensioners up to 70 years old with PNB accounts, the program provides fast, convenient, and easy money whenever you need it. The loan proceeds can be either credited directly to the clients’ accounts or withdrawn via ATM or over-the-counter. With very low interest rate of 1.25% per month, pensioners will also receive amazing freebies: (1) FREE Credit Insurance, existing loan balance will be fully settled upon death of pensioner; (2) FREE ATMSafe coverage where pensioners will be protected from ATM skimming of their account or other forms of ATM theft scams; and (3) FREE Healthy Ka Pinoy Emergency Medical Card where pensioners get emergency treatment at any of the 890 accredited hospitals and clinics nationwide.
As part of its campaign, PNB initially launched the program last May 27, 2015 at the PNB SSS Diliman Branch. The product was well-received by the public, with over 700 touched-base clients.
The PNB SSS Pensioner Loan Program will be available in all PNB branches on July 1, 2015.