SEA-BASED ABROAD
Personal loan para sa mga Seafarer na on-board na sa barko
Note: Allottee/Beneficiary ng allotment or remittance ang magiging Principal Borrower (PB) ng Loan.
Product Features
- Interest Rate (Non-officer): 2.5% per month
- Interest Rate (Officer): 1.99% per month
- Terms: Max of 12 months
- Loanable Amount: Up to 700k or 200% of Total Monthly Salary
- Minimum Loan: Php 25,000
Qualifications
- Beneficiary must be a Filipino and an immediate relative of the Seafarer
- Minimum remaining three (3) months term contract of Seafarer
- Seafarer with basic salary of at least P25,000
Requirements
- Two (2) Valid Government IDs of Principal Borrower
- Proof of Billing under Principal Borrower (If not under PB’s name; must secure Proof of Residence)
- POEA-Validated Contract
- Valid PH Passport of Seafarer
- Seaman’s Book
- Authorization Letter
- Three (3) months Latest Allotment