SEAMAN ONBOARD LOAN

Seaman Onboard Loan Is Designed For Filipino Seafarers Currently Onboard Ship

Seaman Onboard Loan is a multi-purpose personal loan for Filipino Seafarers available while they are on board ship.  Filipino Seamen that are presently onboard ship can apply for Seaman Onboard Loan with very low-interest (1.3%) per month provided that they qualify and can provide the requirements for the loan. They must have at least five (5) months remaining in their contract to qualify. Please scroll down to read the qualifications and requirements on this page. We do fast processing (3-5 days) depending on how we can schedule a video call while onboard ship.

 NOTE: If present in the Philippines on vacation, please see SEAMAN LOAN page on this website.

 

Seaman Onboard Loan Worldwide by Quickloanprovider.com 

 

WHO CAN APPLY FOR SEAMAN ONBOARD LOAN?

• Filipino Citizen

• Applicant must be between 21-65 years old

• Minimum salary equivalent to at least P65,000 including fixed overtime.

• Presently Onboard Ship

• At least minimum 5 months remaining on the contract

• Must have internet access and can print documents onboard ship.

• Must have a Co-borrower/Allottee to claim loan proceeds here in the Philippines

 

SEAMAN ONBOARD LOAN REQUIREMENTS:

• Copy of Passport

• Seaman’s Book

• Birth Certificate

• Allotment Certificate

• SRC (Seafarer’s Registration Certificate)

• E-Registration Certificate (POEA)

• Proof of latest Embarkation & Disembarkation

• Latest Contract of deployment with POEA validation

Passport latest Entry & Exit Stamps of Airport Immigration (Philippines & Abroad)

Passport latest Entry & Exit Stamps of Airport Immigration (Philippines & Abroad)

• Latest Original Electric or Water Bill. If not in the name of the borrower, must submit additional proof of residence. (Any documents: Brgy. Clearance, Receipts, ID’s under your name and with your current address same as electric or water bill)

 

SEAMAN ONBOARD LOAN CO-BORROWER REQUIREMENTS:

• Allottee/Beneficiary/Immediate relative (Spouse, Parent, Sibling, Kid)

• 21-59 years old (Upto 65 kung malakas pa)

• Any 2 gov’t valid ID’s

• 2 pcs. 2×2 pictures

• Marriage contract (if married)

• Birth Certificate of kid/s (if LIVE-IN Partner)

• Birth Certificate (if Parent, Brother, Sister, Son or Daughter)

• If living separately with Borrower: Latest Original Electric or Water Bill. If not in the name of the co-borrower must submit additional Proof Of Residence. (Any documents, latest Brgy. Clearance, Receipts & ID’s under his/her name with current address same as electric or water bill) NO NEED if living in the same house as the Seaman Borrower.

 

Terms:  3-8 months to pay

Interest Rate:  1.3% per month, add-on

Loanable Amount:  Up to 700K Depends on salary

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