What is the EDA Program?

The Expected Dividend Advance (EDA) program by the Armed Forces of the Philippines Savings and Loan Association, Inc. (AFPSLAI) is a unique financial solution designed to provide members with early access to their projected dividends. Unlike traditional annual dividend payouts, the EDA program allows eligible members to receive their dividends on a quarterly basis, offering greater flexibility for financial planning.

How Does It Work?

The EDA program calculates your dividend advance based on your Lowest Quarterly Balance (LQB) in your Capital Contribution Account (CCA) and the current EDA rate. Members who maintain a minimum balance of ₱1,000 are eligible to enroll. Once enrolled, your quarterly EDA payments are distributed on the 4th Monday of the month following each quarter.

Key Benefits of the EDA Program

• Improved Cash Flow: Receive dividends quarterly instead of annually, helping you manage regular expenses or investments.
• Financial Flexibility: Use your EDA payments for immediate needs or to plan for future goals.
• Simple Enrollment: Opt-in by submitting an application at any AFPSLAI branch, with a straightforward approval process.
• Secure Transfers: Choose to have your EDA payments transferred to major Philippine banks like BDO, BPI, or Metrobank.

Why Choose EDA?

For AFPSLAI members who prefer more frequent access to their dividends, the EDA program is an excellent choice. It’s particularly beneficial for those who rely on dividend income for regular expenses or want to incorporate dividends into their budgeting strategy. Use our AFPSLAI EDA Calculator to estimate your quarterly advances and see how the program can work for you.