LOAN PRODUCT

SEAMAN ONBOARD

Qualifications

[ultimate_icon_list icon_size=”25″ icon_margin=”15″][ultimate_icon_list_item icon=”Defaults-check” icon_color=”#89c92c”]Must be 21 -59 years old[/ultimate_icon_list_item][ultimate_icon_list_item icon=”Defaults-check” icon_color=”#89c92c”]Must be a Filipino Citizen[/ultimate_icon_list_item][ultimate_icon_list_item icon=”Defaults-check” icon_color=”#89c92c”]With basic salary of at least P30K [/ultimate_icon_list_item][ultimate_icon_list_item icon=”Defaults-check” icon_color=”#89c92c”]With at least 3 months remaining contract[/ultimate_icon_list_item][/ultimate_icon_list]

Loan Approval

[ultimate_icon_list icon_size=”25″ icon_margin=”15″][ultimate_icon_list_item icon=”Defaults-check” icon_color=”#89c92c”]100% of basic salary plus guaranteed overtime[/ultimate_icon_list_item][/ultimate_icon_list]

Terms

[ultimate_icon_list icon_size=”25″ icon_margin=”15″][ultimate_icon_list_item icon=”Defaults-check” icon_color=”#89c92c”]Up to 12 months (co-terminus with contract) [/ultimate_icon_list_item][/ultimate_icon_list]

Basic Requirements

[ultimate_icon_list icon_size=”25″ icon_margin=”15″][ultimate_icon_list_item icon=”Defaults-check” icon_color=”#89c92c”]Completely filled out application form [/ultimate_icon_list_item][ultimate_icon_list_item icon=”Defaults-check” icon_color=”#89c92c”]2 valid government-issued IDs [/ultimate_icon_list_item][ultimate_icon_list_item icon=”Defaults-check” icon_color=”#89c92c”]2 pcs 2×2 picture [/ultimate_icon_list_item][ultimate_icon_list_item icon=”Defaults-check” icon_color=”#89c92c”]Proof of billing (electric bill or water bill) [/ultimate_icon_list_item][ultimate_icon_list_item icon=”Defaults-check” icon_color=”#89c92c”]Proof of residency* [/ultimate_icon_list_item][/ultimate_icon_list]

Major Requirements

[ultimate_icon_list icon_size=”25″ icon_margin=”15″][ultimate_icon_list_item icon=”Defaults-check” icon_color=”#89c92c”]Latest contract with POEA validation[/ultimate_icon_list_item][ultimate_icon_list_item icon=”Defaults-check” icon_color=”#89c92c”]Copy of passport[/ultimate_icon_list_item][ultimate_icon_list_item icon=”Defaults-check” icon_color=”#89c92c”]Copy of Seaman’s book[/ultimate_icon_list_item][ultimate_icon_list_item icon=”Defaults-check” icon_color=”#89c92c”]Seafarer registration certificate (SRC) or e-registration[/ultimate_icon_list_item][ultimate_icon_list_item icon=”Defaults-check” icon_color=”#89c92c”]Embarkation history or sea service[/ultimate_icon_list_item][ultimate_icon_list_item icon=”Defaults-check” icon_color=”#89c92c”]Allotment certificate or latest 3 months proof of allotment [/ultimate_icon_list_item][ultimate_icon_list_item icon=”Defaults-check” icon_color=”#89c92c”]Authorization letter [/ultimate_icon_list_item][/ultimate_icon_list]

Co-Borrower

[ultimate_icon_list icon_size=”25″ icon_margin=”15″][ultimate_icon_list_item icon=”Defaults-check” icon_color=”#89c92c”]Spouse or immediate relative[/ultimate_icon_list_item][ultimate_icon_list_item icon=”Defaults-check” icon_color=”#89c92c”]2 valid government-issued IDs[/ultimate_icon_list_item][ultimate_icon_list_item icon=”Defaults-check” icon_color=”#89c92c”]Proof of billing (electric bill or water bill)[/ultimate_icon_list_item][ultimate_icon_list_item icon=”Defaults-check” icon_color=”#89c92c”]Proof of residency*[/ultimate_icon_list_item][/ultimate_icon_list]

If the electrical bill or water bill is not under the name of borrower, proof of residency must be secured

Process

[ultimate_icon_list icon_size=”25″ icon_margin=”10″][ultimate_icon_list_item icon=”Defaults-arrow-circle-right” icon_color=”#0d248b”]Download and fill-out our application form.[/ultimate_icon_list_item][ultimate_icon_list_item icon=”Defaults-arrow-circle-right” icon_color=”#0d248b”]Submit the form and all the requirements here.[/ultimate_icon_list_item][ultimate_icon_list_item icon=”Defaults-arrow-circle-right” icon_color=”#0d248b”]Once approved, your check will be released.[/ultimate_icon_list_item][/ultimate_icon_list]

Important: Please study the Loan Terms and Conditions in the disclosure statement before proceeding with any loan transaction.