Oversea Worker Loan - MTB

home-installment-loan

About Oversea Worker Loan

MTB Bank offers an Overseas Worker Loan, which is a type of loan to cover short-term travel expenses for overseas workers. This loan is guaranteed by local employment agencies to support workers’ travel expenses.

Loan Amount	Service Charges	Loan Tenor	Interest Rate
Agency Recommend Amount	1%	Maximum 1 years	10% to 14.5%

Requirements

Loan Applicant’s NRC, Photo (2×2)
Worker’s passport that will be leaving overseas(Copy)
Household Member List
Ward Recommendation Letter
Proof of departure abroad(Copy)
Contracts signed with the employer (Evidence of income)

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Agency Requirements

Agency Company DICA and attached
Overseas Employment Agency License
Company Meeting Minutes and Cover Letter for applying Loan
Company Guarantor’s NRC/Passport Copy/ Photo (2×2)/ Household Member List

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