Guide on AUB Salary Cash Loans Features & Requirements
AUB SALARY CASH LOANS – The Asia United Bank is ready to provide multi-purpose financial solutions to qualified clients.
One of the reputable banks that you may turn to in the Philippines is the Asia United Bank. More popularly called AUB, it has several loan offers that serve different needs. In fact, it is one of the bank with the most number of loan offers.
The AUB has multi-purpose cash loans as well as loans that serve specific purposes. Among the multi-purpose salary loan offers of the bank are the Seafarers Loan and the C@SHELP.
Seafarers Loan
A lot of Filipinos are seafarers. Undeniably, seafarers are known to be the professionals with huge salaries. However, most of them are breadwinners of their families thus their savings may not be enough to cover all the projects they intend to do.
Meanwhile, the Asia United Bank is one of the entities that seafarers can turn to for a loan as one of the AUB salary cash loans is the Seafarers Loan. It has a multi-purpose loan offer for qualified seafarers who have short-term financial needs.
Who are qualified to apply for this multi-purpose cash loan offer? Here are the qualifications set by the bank:
- a Filipino citizen
- at least 21 years old at the time of the loan application and not more than 60 years old at the time of loan maturity
- has completed at least one employment contract at the time of loan application
- has opened an account with AUB
- with a minimum gross salary of USD $800
AUB boasts its loan offer with the absence of the advance payment and co-maker requirement. Under the offer, a seafarer may borrow up to Php 500,000. The loan application may be approved and released in 24 hours.
Aside from the eligibility requirements, there are also documentary requirements in applying for the loan offer. Here are the documents required by the Asia United Bank for the application process:
- duly-filled out and signed Asia United Bank Seafarers Loan Application Form
- photocopy of Employment Contract with POEA stamp
- photocopy of Passport and Seaman’s Book
- photocopy of Seafarers Registration Certificate (SRC) or Worker’s Information Sheet (WIS)
- Allotment Arrangement certified by the company
- plane ticket or Certificate of Departure issued by manning agency
- authority to deduct from AUB account
C@SHELP
The Asia United Bank is one of the banks in the Philippines that offer company accreditations. Also one of the AUB salary cash loans is the C@SHELP which is a multi-purpose loan that is open for the qualified employees of the accredited companies. The bank boasts its loan offer with the following features:
- paperless application
- high loanable amount up to 6x of gross salary
- affordable interest rates
Furthermore, under the C@SHELP, there is an easy repayment process which can be done via salary deduction. Here are the steps in applying for the loan offer:
Step 1 — Download the AUB Mobile App via the App Store or Google Play Store. Open the app, then tap Loans and select CASHelp Salary Loan.
Step 2 — Read the steps and tap Apply Now. Enter your Company Code.
Step 3 — Accept the Terms and Conditions.
Aside from the salary cash loan, the bank also has the AUB Home Loan offer that comes with excellent features.
