Guide on UnionBank Loans 2025 & their Features
UNIONBANK LOANS 2025 – You can check here a full list of the amazing offers of the UnionBank Philippines and their special features.
One of the best ways in applying for a loan is to make sure that you are dealing with a reputable loan provider. In the Philippines, when it comes to loans, one of the trusted entities that you may turn to is UnionBank.
The UnionBank is in the service of the Filipino people since 1981. A year after it started its operation, it became a commercial bank. It gained the license to operate as a universal bank in 1992. Through the years, the bank kept on bettering its offers for its millions of clients across the country. A lot of overseas Filipino workers (OFWs) are clients of the bank as well.
Aside from the variety of bank accounts and credit cards, there are also several UnionBank loans that are offered to the Filipinos and local resident foreigners. Here is a guide on the features of the offers of the trusted loan provider:
UnionBank Personal Loan
Are you in need of cash? The multi-purpose cash loan offer of the bank is the UnionBank Personal Loan which you may apply for to travel, to make a personal purchase, to expand your business, to pay for your car’s repair, etc. This loan offer is non-collateral and there is no need for a guarantor. You can borrow up to P2 million.
The UnionBank Personal Loan offer is open for individuals who meet the following eligibility requirements:
- at least 21 to 65 years old
- a Filipino resident or a local resident foreigner with a valid Philippine billing address
- with a Tax Payer’s Identification Number (TIN)
- a principal credit cardholder
- with a minimum gross annual income of Php 250,000
The bank boasts its loan offer with a swift approval of as fast as five (5) minutes. Do you want to know more about the UnionBank Personal Loan offer?
UnionBank Auto Loan
Also one of the UnionBank loans is the Auto Loan offer that is ready to finance the purchase of both brand new and pre-owned cars. In fact, under the loan offer, the bank can also finance the acquisition of a brand new light truck.
The loanable amount under this offer may vary depending on the value of the vehicle to be purchases. To qualify for the loan offer, you should meet the following:
- at least 21 years old upon the loan application
- not more than 65 years old upon the loan maturity
- Filipinos, foreign nationals married to a Filipino or business entities like corporations and partnerships
Are you excited to drive your own car soon? You might like to visit our special feature of the UnionBank Auto Loan offer.
UnionBank Home Loan
Aside from the Personal Loan and Auto Loan offers, the UnionBank loans also includes the Home Loan. Under the offer, you may apply for the financing of the purchase of any of the following real estate properties:
- vacant residential lot
- town house
- house and lot
- condominium unit
How much is loanable under the UnionBank Home Loan offer? According to the bank, you may borrow at least Php 200,000 up to an equivalent of “60% of the Appraised Value of the Property or up to 90% of the Total Contract Price of the bank’s Accredited Real Estate Developers”.
With regards to the loan term allowed by the UnionBank, the borrowed amount is payable for up to 25 years for the purpose of financing the purchase of a house and lot or a property under an accredited developer with a buy back deal. For condo acquisition, the loan is payable for up to 20 years.
The Home Loan offer is open for both locally-employed and self-employed individuals as well as overseas Filipino workers. Do you want to know more about the UnionBank Home Loan offer?