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SeamansLoan

Seaman's Loan (Paalis)

Qualifications

  •  Must be 21 -59 years old

  •  Must be a Filipino Citizen

  •  With basic salary of at least P30K 

Loan Approval

  •  100% to 200% of basic salary plus guaranteed overtime

Terms

  •  Up to 12 months (co-terminus with contract) 

Basic Requirements

  •  Completely filled out application form 

  •  2 valid government-issued IDs 

  •  2 pcs 2×2 picture 

  •  Proof of billing (electric bill or water bill) 

  •  Proof of residency* 

Major Requirements

  •  Latest contract with POEA validation

  •  Copy of passport

  •  Copy of Seaman’s book

  •  Seafarer registration certificate (SRC) or e-registration

  •  Embarkation history or sea service

Co-Borrower

  •  Spouse or immediate relative

  •  2 valid government-issued IDs

  •  Proof of billing (electric bill or water bill)

  •  Proof of residency*

    For your Seaman's Loan Application, Kindly fill out all the information needed.

    Please prove you are human by selecting the house.

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