Overseas Assistance Loan:
OVERSEAS ASSISTANCE LOAN
This credit facility will be available to any individual who wishes to apply as an immigrant, worker, tourist, student and other travel related abroad and is in need of show money. The client will apply for loan with the bank without collateral.
Purpose of Loan
- Immigrant visa
- Working Visa
- Tourist Visa
- Study Visa
- Other travel related purpose abroad
FEATURES:
Loan amount – will depend upon the actual need of the client for show money but shall not be less than P100,000.00 and not more than P2, 000,000.00
Term of loan – shall be 90 days or 180 days
Mode of Payment – lump sum
Interest Rate
In the form of a Time Deposit:
TERM | <Php 100,000.00 – 699,99.99> | <Php 700,000.00 – 2 Million> |
90 DAYS | 3.4% | 4.4% |
180 DAYS | 4.4% | 5.4% |
In the form of a Savings Deposit:
TERM | <Php 100,000.00 – 2 Million> | |
90 DAYS | 4% | |
180 DAYS | 7% |
REQUIREMENTS:
- Proof of VISA Application:
a. Original Passport with validity for the entire duration of stay in the applied country - VISA application confirmation page stamped at the VISA Application Center
- Proof of Fee Payment, which is a valid receipt
- School Acceptance Letter for student VISA applicant
- 2 valid Identification Cards
- Community Tax Certificate
- TIN
- 3pcs. 2×2 ID picture; 1 Long brown envelope