Frequently Asked Questions

For New Loan:
• Two (2) months latest payslips (current and previous month, original and photocopy)
• Duly accomplished Loan Application Form
• Three (3) Photocopies of DepEd and PRC IDs
• Certified true copy of the Permanent Appointment (back to back)

For Reloan:
• Two (2) months latest payslips (current and previous month, original and photocopy)
• Duly accomplished Salary Loan Application Form
• Two (2) photocopies of DepEd and PRC IDs (back to back)

NOTE: For more information, please call our nearest branch

The steps under the new DepEd Terms and Conditions of the APDS Accreditation (TCAA):

Step 1: Visit us with your loan documents and payslips to evaluate loan eligibility.
Step 2: Using your DepEd issued email address, send your evaluated loan application details and stamped payslip to your DepEd Verifier via email.
Step 3: DepEd Verifier to approve and send confirmation via email to Mactanbank cc: the teacher.
Step 4: Visit Mactanbank branch for loan documents signing and immediate receipt of loan proceeds.

• Steps 1 & 2 in the “4 Step Guide” can be completed within an hour of your visit to any of our branches.
• Step 3 is dependent on the DepEd Verifier’s load and there is no committed turnaround time.
• The last step can be completed within an hour after we have received the confirmation from the DepEd Verifier and you have signed all the loan documents in the branch.

Yes, depending on the evaluation of your payslip. For more inquiries, please visit or call our nearest branch.

No charges at all

No hidden charges

No, there is no need but we encourage you to open a savings account for future use.

Please call or visit our branches nearest to you and look for our CSA – Loans.

Please call or visit our branches for more information.

Please click this link to download forms.