HR - Multi-Purpose Loan Request Form

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    PAYMENTS SHALL BE MADE THRU SALARY DEDUCTIONS EVERY 15th, 30th and 20th SERVICE CHARGE (SC) PAYOUTS. FOR DECEMBER, JANUARY, AND MONTHS WITH HIGH SC PAYOUTS, DEDUCTION WILL BE 50% OF EMPLOYEE'S SC RECEIVED OR TOTAL OUTSTANDING MPL BALANCE, WHICHEVER IS LOWER. THIS WILL BE DEDUCTED ON THE NEAREST PAYROLL.

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