Guide on UnionBank Cash Loan 2025 Monthly Installments
UNIONBANK CASH LOAN 2025 – If you will borrow Php 300,000, here is a guide on the monthly due based on the loan terms set by the UnionBank Philippines.
In the Philippines, there are banking entities that have crafted loans with excellent features. One of them is the UnionBank which has a multi-purpose loan offer, the Personal Loan, that is non-collateral. Thus, you do not need to put any property at risk as you repay your loan.
The UnionBank Personal Loan 2025 is also called the UnionBank cash loan offer. You may apply for it to make a personal purchase, travel, push through a project, boost your business capital, fund an event, meet a medical emergency, etc. It is not only non-collateral. It also does not require a guarantor in the application.
Who are qualified to apply for the loan offer? Just like in almost all loans, there are qualifications in applying for the UnionBank cash loan offer. You may be eligible to apply for it if you meet the following qualifying criteria:
- a Filipino resident or a local resident foreigner with a valid Philippine billing address
- at least 21 to 65 years old
- a Tax Payer’s Identification Number (TIN)
- a principal credit cardholder
- with a minimum gross annual income of Php 250,000
The bank has provided the maximum loanable amount under the UnionBank Personal Loan offer but the borrowing amounts really depend on certain factors like the borrower’s capacity to pay. The bank allows a maximum repayment term of five (5) years.
Do you want to borrow Php 300,000 under the UnionBank cash loan offer? Here is a guide on the estimated monthly installment under the said borrowing amount based on the loan term:
| Loan Term | Monthly Installment | Interest Rate (per annum) |
|---|---|---|
| 60 months | ₱ 9,142.68 | ACR 26.9% |
| 48 months | ₱ 10,267.68 | ACR 26.9% |
| 36 months | ₱ 12,231.48 | ACR 26.9% |
| 24 months | ₱ 16,298.86 | ACR 26.9% |
| 12 months | ₱ 28,790.58 | ACR 26.9% |
It is important to know that UnionBank sets fees and charges on certain cases regarding its financial products. Here is a list of the other important things you must know:
| Annual Contractual Rate | “Exact ACR will be indicated in the Disclosure Statement” |
| Disbursement Fee | P1,750 for each disbursement |
| Documentary Stamp Tax (DST) | P1.50 for every P200 of the amount, which is subject to applicable laws and regulations. |
| Effective Interest Rate | “Exact EIR will be indicated in the Disclosure Statement.” |
| Closure Handling Fee | 4% of the unbilled principal component of the loan that is prepaid. |
| Returned Check Fee | P1,500 will be charged for every check that is returned or that bounces due to insufficiency of funds, uncollected deposits, stop payment order, alterations or erasure, among others. |
| Monthly Late Charge | P500 or 6% of the Overdue Amount, whichever is higher. |
| Monthly Interest Charge | Interest computed using the monthly revolving interest of 2.42% |
| Attorney’s Fees & Other Judicial Expenses | “Cost of collection and/or attorney’s fees and the litigation and judicial expenses as applicable” |
Are you interested to apply for the UnionBank loan offer? The bank has set different requirements among the employed and self-employed Filipinos as well as a different list of required documents among foreign nationals who wish to apply for the loan offer: