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SECURITY BANK SAVINGS SEAFARER LOAN
Security Bank Savings makes it easy for seafarers to get a loan, and know that they can provide for their loved ones at home while they are out at sea.
PRODUCT FEATURES
Fast processing
Easy terms
Low monthly payment
Loan availability from P20,000 to P500,000
No collateral
Installment loan
Multi-purpose
Payable through allotment deduction
Payment schemes of 5 to 11 months to pay
Mode of release:
ATM Card – withdraw at any Megalink, Bancnet and Expressnet ATM nationwide
Manager’s Check – at any Security Bank Savings branch near you

LOAN QUALIFICATIONS:
Available to seafarers of accredited manning agencies of Security Bank Savings
Applicant must be at least 21 but not more than 65 years old
With at least 1 completed contract on board
With minimum monthly basic pay of P7,000

APPLICATION REQUIREMENTS:
Duly filled-out application form
Photocopy of Contract with POEA stamp
Photocopy of Overseas Employment Certificate
Photocopy of Passport and Seaman’s Book
Certificate of Departure
Service Record
Allotment slip

Co-maker and signature of spouse not required
Hassle-free, flexible repayment terms
Low processing fee, no hidden charges
Very convenient, apply at your office

For inquiries, visit your nearest Security Bank Savings branch or call 854-3489 / 853-3888 local 843 or 845.
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