Guide on AUB Seafarer Cash Loan 2024 Application Process & Requirements
AUB SEAFARER CASH LOAN 2024 – Here is a guide on the features of the Asia United Bank’s loan offer and how to apply for it.
Seafarers are among the individuals with the biggest salaries. It is known to the public that way but truth be told that many seafarers are sole breadwinners of their families. Thus, there are situations when they have to deal with cash needs. The good news is that there are entities that are willing to help seafarers just like Asia United Bank.
More popularly called AUB, the Asia United Bank is one of the popular banks in the country. It has several offers including bank accounts and loans. One of the loan offers is the AUB Seafarer Cash Loan which is a multi-purpose loan offer that can lend you as much as Php 500,000.00.
Under the AUB Seafarer Cash Loan offer, the loan repayment is within 10 months at low interest rate as per the lender. There is no need for a co-maker in applying for the loan offer. The bank also boasts its loan offer with fast approval and money release.
Here are the steps in applying for the Seafarer Loan offer of Asia United Bank:
Step 1 — Are you qualified?
The Asia United Bank has set eligibility requirements in applying for the loan offer. Here are the qualifications that the loan applicant must meet to be eligible to apply for the loan offer:
- 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
Step 2 — Prepare the requirements.
There are documentary requirements needed in applying for the AUB Seafarer Loan offer. Make sure to prepare all the documents needed.
Step 3 — Submit your documents.
Go to a branch of the Asia United Bank and submit your documents to file your loan application. The loan can be approved within 24 hours since the loan application was filed. The money can be released by AUB within 24 hours as well.