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Our Expertise

SEAMAN'S LOAN

TO ALL SEAFARERS ready for deployment and those who are currently on vacation here in the Philippines while employment contract is still valid.
Please READ the details below.
• Loanable Amount: 100% to 200% of your 1 month salary
• Interest: 1.99 or 1.75 % per month,depends on location.
• Processing time: 1 Day to 5 working days
• Processing Fee: 5% (to be deducted from the loanable amount)
• OFW Salary should be 20k or more to qualify for a loan.
• We accept loan applications within 30 days before departure.
• OFW must apply personally in our Office.
• Monthly payment is thru any branch of Bayad Center, Cebuana, Lhuillier or M. Lhuillier, 7eleven, Western Union.
Note: Other documents may be required as need arise.
SEAFARER’S LOAN REQUIREMENTS:
1. 2 Valid IDs (Passport & SRC / PRC)
2. latest Contract w/ POEA Validation
3. Seaman's Book w/ latest disembarkation stamp
4. ALLOTTEE (spouse or immediate relative)
 Allotment Certificate
 2 Valid IDs & 2x2 picture
 Marriage Contract (if spouse of the Seafarer)
 Latest Proof of Billing (Electric or Water Bill only)
Please Note:

NOTE:

Other documents may be required as needed.We have more than 140 branches in Luzon, Visayas and Mindanao.To apply for a loan, please PM or Text (OFW or SEAMAN) & the following so we can endorse you to the nearest branch.

 Complete Name 

 Phil. Address & Contact number

 Work & Exact Salary (as stated in the Contract) 

 Destination (Country; for LandBased OFW) 

 Date of departure

OFW LOAN

TO ALL OFW NA PAPAALIS LANG,NAKABAKASYON AT NAGWOWORK NA SA ABROAD.

  • Must have a 20k above basic salary to be qualified

  • Loanable Amount: 100% to 200% of your 1 month salary

  • 1.99% Rates Per Month

  • 3,6,9 & 12 terms of payment.

  • One Day process and one day cash release for head office clients.

  • Apply 30 days before departure.

  • Mode of payment Cebuana, MLHUILLIER, Western Union and Bayad Center.

  • 5% Processing fee.

LAND BASED OFW BALIK MANGAGAWA AND FIRST TIMER OFW REQUIREMENTS:
1. 2 Valid IDs.
2. Passport & VISA.
3. Employment Contract w/ POEA validation for first timer OFW. Old Contract latest two months payslip and COE with basic indicated for OFW BALIK MANGAGAWA.
4. OEC & Plane Ticket.
5. Immediate relatives as Co-Borrower w/ two valid ids.
6. Marriage certificate if married to an OFW.
7. Birth certificate or baptismal certificate if living live - in.
8. Latest electric Or Water bill.
LANDBASE OFW WITH AUTHORIZATION OR OFW NA NAGWOWORK NA SA ABROAD REQUIREMENTS:
1. Three months remaining Contract.
2. Latest Two months payslips and certificate of employment with basic salary breakdown.
3. Proof of remittances para sa mga walang payslip and COE.
4. Entry and exit stamp Visa.
5. Last OEC and plane ticket.
6. Latest Visa and passport.
7. Residence ID sa abroad.
8. Authorization letter or marital consent.
9. Borrower Viber or Facebook account and messenger account.
10.Immediate relatives as Co MAKER with two valid ids.
11.Marriage contract if married to an OFW.
12.Birth certificate or baptismal certificate if living live - in.
13.Latest electric Or Water bill.

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