What is the maximum number of monthly installment payments shall be allowed in the settlement for disallowance?

Maximum number of monthly payments allowed for settlement of disallowances by installment:

Amount of Disallowance Maximum Number of Monthly Installment Payments
Not exceeding P1,000.00 Three (3)
Above P1,000.00 up to P10,000 Six (6)
Above P10,000.00 up to P20,000.00 Twelve (12)
Above P20,000.00 up to P40,000.00 Eighteen (18)
Above P40,000.00 Twenty-four (24)
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