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RNG Bank Salary Loan Table for DepEd Teachers

Salary Loan Table - RNG Coastal Bank RNG Bank offers salary loan for permanent DepEd teaching and non-teaching staff thru Automatic Payroll Deduction System (APDS). Features: 📍LOW INTEREST RATE 📍LOAN AMOUNT UP TO 500,000 📍5 YEARS MAXIMUM LOAN TERM 📍NO HIDDEN CHARGES 📍NO NEED TO GO TO THE OFFICE A Bank that is built with trust and integrity and committed to provide quality and safe banking services to its existing and future clients, RNG Coastal Bank, Inc . is a banking institution established in the year 1974. The Bank has 15 operating branches in the Visayas, 11 in Cebu and 4 in Bohol. Providing various financial products and services to its clients for almost 50 years, RNG Coastal Bank remains strong and continuously grows its number of branches to reach more Filipinos. Here are the branches of RNG Coastal Bank: RNG Coastal Bank Head Office Cor. Cabancalan Road, Talamban, Cebu City 6000 Labangon Branch Punta Princesa, (Labangon) Cebu City Asturias Branch Poblacion, Asturias, Ce...
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Good News! DepEd Eyes Load Allowance For Teachers And SHS Students

The Department of Education (DepEd) has requested P4 billion from the Department of Budget and Management (DBM) to support distance learning, including the provision of load allowance for public school teachers and senior high school students. “We recognize the importance of load allowance for our learners and teachers to deliver quality education despite these challenging times due to the COVID-19 pandemic,” Education Secretary Leonor Briones said yesterday.

“With support from our Congress and the DBM, we shall continue to push for more financial assistance to our stakeholders,” she added.

According to DepEd, the requested amount will cover the implementation of digital education, information technology, digital infrastructure and alternative learning strategies stipulated in Republic Act 11494 or the Bayanihan to Recover as One Act.

Once released, teachers will receive P450 per month while senior high school students will get P250 per month for three months. It will benefit 3.2 million students and around 900,000 teachers nationwide, said DepEd.

Undersecretary for Administration Alain del Pascua said the connectivity allowance will enable students and teachers to communicate and download educational materials.

The total estimated amount for the allowance is P3.6 billion, with the remaining P400 million allocated to expand production of learning materials, augment funds for printing and delivery of self-learning modules and establish radio transmitters in schools.

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