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
Basic Requirements
• 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
Basic Requirements
• 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)
Co-borrower Requirements: (Spouse/Parent/Siblings age 21-59)
• 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.
