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| Dates | August 26 – September 2, 1986 | |||||||||
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| Television | Vintage Sports (PTV) | |||||||||
| Radio network | DZSR | |||||||||
The 1986 PBA All-Filipino Conference finals was the best-of-5 basketball championship series of the 1986 PBA All-Filipino Conference, and the conclusion of the conference playoffs. The Tanduay Rhum Makers and Ginebra San Miguel played for the 34th championship contested by the league.
The Tanduay Rhum Makers won their finals series against Ginebra San Miguel, 3 games to 1, for their second title of the season.