Seaman’s Loan 1.99%


  • 1 whole day process in our HEAD OFFICE
  • Loanable Amount: 200% of your BASIC SALARY and GUARANTEED OT
  • Interest Rate: 1.99% per month
  • Payment Terms: 3 mos. to 9 mos. Depends on contract
  • Payment Method: Cebuana, M. Lhuillier or UCPB Bank.
  • NO Collateral needed!
  • OFW must apply personally in our Office.
  • OFW can apply 1 month prior his/her departure.



  • 21-59 years old, Filipino Citizen
  • Basic Salary should be 15,000 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


Major Requirements:

  • Copy Passport
  • Latest Contract of Employment with POEA Validation
  • Copy of Seaman’s Book
  • Seafarers Registration Certificate
  • Embarkation history from your Seaman’s Book
  • Old Passport or Old Seaman’s Book is also required


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)


Other documents may be required as needed.


Download this Application Form and send it to

Fill out this form.

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