Common questions

What are the requirements for OFW loan?

What are the requirements for OFW loan?

What are the most common requirements for OFW loans?

  • At least two valid IDs (including OFW-related IDs like OWWA ID, Seaman’s Book, Philippine passport)
  • Consularized certificate of employment.
  • Copy of visa.
  • POEA overseas employment certificate.
  • Plane ticket and flight details.
  • Proof of remittance.
  • Proof of billing.

What is an OFW loan?

OFW loans are programs that allow overseas workers to borrow money, which they can use for different purposes. Some loans have special terms and conditions that are suitable for the financial capacity of the borrower, such as low interest rates or a higher loan amount.

Where can I pay asialink?

Settle Your Amortization At One Of The Nearest Partner Payment Centers

  • Cebuana Lhuillier.
  • M Lhuillier.
  • Bayad Center.
  • Robinsons Bank.
  • Banco De Oro (BDO)
  • Rizal Commercial Banking Corporation (RCBC)
  • Asia United Bank (AUB)
  • EastWest Bank.

Who is eligible for bank loan?

Check Personal Loan Eligibility for Top Lenders in 2021

Bank Age Limit Minimum Income (Per Month)
SBI Up to 76 years Rs.15,000
HDFC 21 to 60 years Rs. 20,000
ICICI 23 to 58 years Rs.17,500
Axis 21 to 60 years Rs.15,000

How much loan can I get if my salary is 17000?

With a salary of ₹ 17,000, the maximum amount he is eligible for is ₹ 3.87 Lakh. The interest he has to pay for this amount for 48 months is 11.99%.

What kind of loan can I get from Asialink?

Apart from the usual loan products, Asialink also has products that cater specifically to OFWs, whether land-based or sea-based. The company offers OFW Loan and Seaman’s Loan, depending on the category you belong. Applying for any of these products are also easy and convenient.

Where can I get a OFW loan in the Philippines?

As a lending company for OFWs, we can give it to you at Asialink Finance Corporation. When it comes to online loans in the Philippines, we at Asialink Finance Corporation are dedicated to providing high-quality services for your needs and more. Loans at Asialink Finance Corporation are accessible, fast, and convenient.

Who are the members of Asialink Finance Corporation?

Banking on their experiences and expertise in their respective fields, Robert B. Jordan (credit), Ruben Y. Lugtu, Jr. (financials), and the late Wilfredo T. Anastacio (human resources and operations) put up their own financing company; hence Asialink Finance Corporation was born.

How old do you have to be to get an OFW loan?

First time OFWs with no initial capital or funds can apply as well. For OFW loans, you must be an Overseas Filipino Worker that has a valid contract with an agency or legal entity. You can get a higher chance of approval when you show that you have a fixed source of income. As for your age, you must be 21 to 59 years old.

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Ruth Doyle