Guide on AUB Salary Loan for Seafarers Application – The Qualifications
AUB SALARY LOAN FOR SEAFARERS – Here is a guide on the qualifications in applying for the Seafarers Loan offer of Asia United Bank (AUB).
When it comes to addressing their financial needs, many people prefer bank loans and lending companies’ financial services more than borrowing from private individuals or family members. Usually, it is because banks and lending companies have the capacity to address the target amount to be borrowed.
In the Philippines, there are a lot of banks and lending companies that you can turn to for loans. In fact, most of them have multi-purpose loan offers and as well as loans that serve specific purposes.
One of the banks that you may turn to is the Asia United Bank. It is more commonly called AUB and has a lot of branches across the nation.
The Asia United Bank has savings and deposit accounts, credit cards, investment products, cash management services, and loan offers. One of the loans it offers is the AUB Salary Loan for Seafarers. It is a salary loan for seafarers or marine engineers who need money for various purposes.
Who are qualified to apply for AUB Salary Loan for Seafarers? To be eligible to apply for this loan offer, the applicant-borrower must be:
- Applicant must be a Filipino citizen
- 21-60 years old at the time of loan maturity
- Must have completed at least one employment contract at the time of loan application
- Must open an account with AUB
- Minimum gross salary of USD $800
Do you want to know how much you may borrow under this loan offer? To check on the loanable amount, you may visit – AUB Seafarer Loan: How Much You May Borrow Under It.
You may repay the amount borrowed from AUB for up to 10 months. There is no advanced payment needed or collateral in applying for this loan offer.