Sterling Bank Loan for Seaman – Minimum & Maximum Loanable Amounts

Guide on Sterling Bank Loan for Seaman – How Much You May Borrow

STERLING BANK LOAN FOR SEAMAN – Here are the minimum and the maximum loanable amounts under this Sterling Bank of Asia offer.

Among the entities that people can turn to in times of financial emergencies are banks. Most banks in the Philippines offer loans that serve different purposes. There are also multi-purpose loan offers.

One of the banks in the country with several loan offers is the Sterling Bank of Asia. One of its offers is the Seafarer’s Loan.

The said loan offer for seamen or seafarers is designed to help them cope with the needs of their family. The loan is payable through allotment deduction or assignment.

A company must be accredited to the bank so the seafarers under it may apply for the Seafarer’s Loan. There is also a set of qualifications set for each individual who will apply for the offer.

Do you want to check on the qualifications set by the bank? Feel free to visit – Sterling Bank Seafarer’s Loan – List of Qualifications in Applying For It.

You might also like to know the minimum and maximum loanable amounts under the Sterling Bank Loan for Seaman. Here’s how much you may borrow under this offer:

• Minimum Loanable Amount – Php 20,000.00
• Maximum Loanable Amount – Php 500,000.00 depending on the applicants capacity to pay for the loan

According to Sterling Bank of Asia, the minimum loan term is three (3) months while the maximum loan term is 11 months. You may visit the branch of the bank nearest to your for application.

Thank you for visiting our website. We hope we have helped you with regards to this Sterling Bank loan offer. You may keep coming back for more informative guides.

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