Allotment Loan

🌊 Set Sail Toward Financial Freedom. ⚓💸

Whether you’re a modern-day hero working overseas or the loved one holding the fort at home, this loan is specially crafted for Seafarers and their families – because your sacrifices deserve financial ease and security. This is a flexible, all-purpose loan designed to meet the personal and family needs of Overseas Contract Workers – especially Seafarers – and their recipients of monthly allotments.

Key Features:

Purpose: For personal expenses, emergencies, productive needs, and redeeming high-interest loans from other lenders.

Loanable Amount: Up to ₱150,000.

Who Can Avail:

  • Active Seafarers with a valid employment contract, or spouse/parents receiving a monthly allotment of at least ₱10,000.
  • Allotment should be through an ATM issued by an accredited agency bank.
  • Collateral: None! All you need is a notarized Deed of Assignment for your ATM.
  • Excess Funds: Credited to your savings or share capital.

For further details, please visit our website at www.orointegrated.coop and navigate to the Contact Us menu.

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