 Multipurpose
loan
Loanable amount of up to PHP 250,000.00
Preferred date of amortization
Term of loan is dependent on the contract; monthly mode
The Allottee shall serve as the co-maker
No Collateral
One-time 10% Processing fee
3.4% interest rate per month
Loan application shall be processed not earlier than 30 days
from departure date
Post Dated Check (PDC) as mode of payment [should be under the
account name of the co-maker or joint (and/or)
account with the seaman]; Rural Bank checks
and N.O.W. accounts are not accepted |
|
 |
|
|
