The CitySavings has released a bank advisory dated June 8, 2020, regarding the loan payments of all DepEd borrowers.
To Our Valued DepEd Borrowers:
City Savings Bank will start collecting all loan payments with payments due dates from June 1, 2020 onwards.
All loan payments that were temporarily suspended during the moratorium program will be rescheduled and in effect, your loan term will be extended to two (2) months.
The accrued interest accumulated during the moratorium period will also be collected. This is in line with the Bayanihan Act and its Implementing Rules and Regulations (IRR).
This will be applicable for both Autonomous and RPSU schools or offices under the jurisdiction of the Department of Education (DepEd).
Please refer to the Frequently Asked Questions (FAQs) for answers to any queries you might have.
For inquiries and concerns regarding detailed computation and payment options, you can reach us through email at simpleifgood@citysavings.com.ph and follow us on Facebook at facebook.com/citysavings-bankofficial for real-time updates.
Stay safe and stay healthy!
CitySavings Bank Advisory on Loam Payments (June 8, 2020)
Reviewed by Teachers Click
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June 09, 2020
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Reviewed by Teachers Click
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June 09, 2020
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