Guide on Sterling Bank Seafarer’s Loan Qualifications for Application
STERLING BANK SEAFARER’S LOAN – Here is a list of the qualifications set by the Sterling Bank of Asia in applying for this loan offer.
Several banks in the Philippines have both – offers that are open for the public and those that are exclusive to a certain group of people. One of these banks is the Sterling Bank of Asia.
The Sterling Bank got loan offers that are open for the public such as the Sterling Bank Personal Loan, the Sterling Bank Auto Loan, and the Sterling Bank Home Loan.
With regards to its offers that are exclusive to a certain group of people, there are the Sterling Bank Seafarer’s Loan and the Salary Loan offers.
With regards to the Sterling Bank Seafarer’s Loan, here are the lists of the qualifications depending on whether it is an individual application or a company accreditation:
Individual Application:
- Company should be accredited with Sterling Bank of Asia
- Filipino Citizen
- 23 to 60 years old
- With 1 time completed contract on-board
- No adverse credit findings
Company Accreditation:
- Company / Agency must be in the business for more than 3 years
- Positive Income for the last 3 years
- With at least 20 regular employees
- Within a serviceable area of Sterling Bank of Asia
A seafarer may repay the loan from three (3) to 11 months. It can be through an allotment deduction or assignment. To apply, you may visit the branch of Sterling Bank nearest to you.
Thank you for visiting our website. We hope we have helped you with regards to this Sterling Bank offer. You may keep coming back for more informative guides.
READ ALSO: STERLING BANK PERSONAL LOANS – Full List of Personal Loan Offers