Requirements for BPI Seaman Loan Application – What You Must Prepare

List of Requirements for BPI Seaman Loan Application

REQUIREMENTS FOR BPI SEAMAN LOAN – Here is a guide on the list of the documents that you need to prepare in applying for Seafarer Loan to the Bank of the Philippine Islands (BPI).

In the Philippines, there are several banks and lending companies that have opened their loan offers not only to Filipinos who are working or residing in the country permanently but as well as to those who are working abroad or the overseas Filipino workers (OFWs).

One of the banks that have offers for OFWs is the Bank of the Philippine Islands. More commonly called BPI, it is one of the most popular and trusted banks in the country. It is also one of the biggest banking companies in PH.

BPI got savings and deposit accounts, loans, investment products, and other financial services offers to OFWs. One of the loan offers is the BPI Seafarer Loan or BPI Seaman Loan.

Requirements for BPI Seaman Loan Application

If you are a seafarer and you need some cash for a big purpose like building a house for you and your family, as long as you are employed, you may apply for a loan to the Bank of the Philippine Islands. You just have to prepare the requirements for BPI Seaman Loan application.

List of Requirements for BPI Seaman Loan Application:

  • one (1) government-issued valid identification card (ID)
  • Proof of Income
    • If you were directly hired…
      • Latest 3 months Proof of remittance 
      • Latest and Unexpired POEA Validated Information Sheet; or
      • Latest POEA Overseas Employment Certificate (OEC) AND latest Employment Contract; or
      • Consularized COE
    • If you are working under an agency…
      • Latest and unexpired signed POEA contract; or
      • Employment contract with boarding date

To apply, you may visit the branch of BPI nearest to you and submit the requirements. You might also like to check on the other loan offers of the bank. Feel free to visit – BPI LOANS: List of Loan Offers by Bank of the Philippine Islands (BPI).

Leave a Comment