What are the requirements to apply for a Bukas installment plan at ITN?

• You and your co-borrower must be a Filipino citizen at least 18 years old.
• You or your co-borrower must be an applicant or a trainee at ITN.
• You have a J1 Program Invoice and a signed contract with ITN

Before you get started, make sure you’ve prepared all the necessary requirements.

Do you have a co-borrower?

A co-borrower is an additional borrower who can be a spouse, parent, sibling, or any family member, or even a friend, who will be equally liable for the loan. Both the borrower and co-borrower need to sign the contract, are equally responsible to pay the loan, and both will receive collection reminders.

Having a co-borrower puts someone in a better position to manage a loan. Once your loan agreement is activated, the borrower will need to keep both individuals' information updated. (e.g. when updating mobile number, address, etc.)

Do you have the required documents?

As the borrower, you will need to prepare your valid ID, one proof of residence, and your contract with ITN upon application for a Bukas Plan.

For co-borrowers, they will need to prepare one valid ID, one proof of residence, and/or proof of source of income. The co-borrower also needs to have a checking account and post-dated cheques.

Once your visa application is approved, the next steps to activate your Bukas Plan will be communicated through official channels.