REQUIREMENTS FOR LOAN STOPPAGE
Filled-out STOPPAGE REQUEST FORM:
Code - PLI Deduction Code; 1st column on Payslip's Deduction
Name of Entity - PLI's Deduction Name; 2nd column on Payslip's Deductions
Effectivity Date - Month & Year of Loan Start; 3rd column on Payslip's Deductions
Termination Date - Last Month & Year of Loan Deduction; 4th column on Payslip's Deductions
Amount of Deduction - Amount of Loan Deduction; 5th Column on Payslip's Deductions
Remarks/Reason for Deletion- (e.g. Full Payment of Loan; Double Deduction; Termination of Contract
-for voluntary contribution/Premium, etc. )
Certificate of Full Payment of Loan / Stoppage Certification (from PLIs/Bank/Insurance Company)
Original signed from bank
One (1) Photocopy
Photocopy of PAYSLIP (any recent)
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