Pre-departure loan offered to a qualified seafarer.
The loan is normally used as a family allowance for his or her beneficiaries or for educational, medical and business purposes.
Loan offered to a qualified nominated allotee of a Seafarers Loan borrower.
Consent of the seafarer is required prior to approval of the loan.
SSS PENSION LOAN
Cash loan offered to SSS retiree-members, surviving dependents and beneficiaries of deceased members and members with partial or total disability.
GSIS PENSION LOAN
Cash loan offered to GSIS retiree-members, surviving dependents and members with total disability.
It is likewise offered to surviving dependents and beneficiaries of deceased members.