Seaman's Loan

Details' Qualifications and requirements

the right choice

WHY CHOOSE US

When it comes to financial solutions for seafarers, Kabaro Seaman’s Loan stands out as a trusted partner for several compelling reasons. Our commitment to excellence, personalized service, and deep understanding of the seafaring community set us apart in the industry

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WHO IS ELIGIBLE TO APPLY FOR A LOAN?

Onboard Seafarer

Seaman’s Loan for Onboard Seafarers

Even if you’re currently onboard, you can still apply for the loan. The only requirement is that you must have at least 4 months remaining on your contract with the ship

Tailored financial solutions specifically designed for seafarers currently working on ships. These loans provide the necessary funds to address immediate financial needs, ensuring that seafarers can focus on their duties without financial worries.

Departing Seafarer

Seaman’s Loan for Departing Seafarers

Departing seafarers can apply as long as they have their latest POEA contract. There is no need to provide flight details or tickets!

Customized loan options for seafarers preparing to embark on their next voyage. These loans help cover pre-departure expenses, ensuring a smooth transition and financial readiness for the journey ahead.

 
 

To apply for the loan, you’ll need to provide the following requirements:

  • POEA Contract
  • Passport and Seaman’s Book
  • Eregistration
  • Tatak ng huling sakay sa SIRB
  • 2 Valid IDs (SEAFARER)
  • 2 Valid IDs (Coborrower)
  • Proof of Billing
  • Marriage Contract (If Married)
  • COC (For Officer)

Additional Requirments for Onboard

  • Boarding Pass
  • Allotment Certificate

NOTE: You no longer need to submit original copies of your requirements. A photocopy, scanned copy, or even a clear picture is sufficient.

NOTE: All loans are subject to approval based on creditworthiness and terms and conditions. Interest rates and loan amounts are determined based on the applicant’s financial profile and seafaring experience.

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