OFW LOAN (FIRST TIMER & BALIK-MANGGAGAWA)

• 1 whole day process in our HEAD OFFICE

• Loanable Amount: 100% – 200% of your BASIC SALARY

• Interest Rate: 1.5% per month

• Payment Terms: 3mos. to 12mos.

• Payment Method: Cebuana, M. Lhuillier or UCPB Bank.

• NO Collateral needed!

• NO POST DATED CHECK needed!

• OFW must apply personally in our Office.

• OFW can apply 1 month prior his/her departure.

Qualifications

• 21-59 years old, Filipino Citizen

• First Timer or Balik Manggagawa

• Basic Salary should be 20,000 pesos and above

• Completely filled up application form

• Photocopy of 2 Gov’t Valid IDs

• Latest Proof of Billing (Electric or Water Bill)

• 3 pcs 2×2 picture

• Passport and Working Visa

• Latest Contract with POEA Validation

• Flight Details or Plane Ticket

• Overseas Employment Certificate (OEC) or OEC exemption (check BMONLINE if exempted)

• COE/latest 2months payslips/SALARY CERT/latest 2 month remittance (IF BALIK-MANGGAGAWA CURRENTLY ON VACATION)

• Photocopy of 2 Gov’t Valid IDs

• 3 pcs 2×2 picture

• Marriage Cert (if Spouse as co-borrower)

• Birth Certificate of child (if live-in as co-borrower)

NOTE: IF ang coborrower ay walang ID, pwede na po ang LATEST BRGY CLEARANCE AT POLICE CLEARANCE.
Other documents may be required as needed.