Guide on UnionBank Cash Loan 2026 Monthly Installments
UNIONBANK CASH LOAN 2026 – With a Php 200,000 borrowed amount, here is a guide on the monthly due depending on the loan terms set by the UnionBank Philippines.
Nowadays, in times of financial needs, many people prefer borrowing from banks. It is usually mainly because of the high loanable amounts that bank loans offer as well as the “papered” transaction. You are surely not risking any relationship with a family member, relative, or friend in doing so.
In the Philippines, one of the trusted banks that you may turn to for your cash needs is the UnionBank. It is operating in the country for several decades now since 1981 and has earned the trust of millions of Filipinos. Through the years, it has continuously widened its offers.
The UnionBank Philippines got both personal and corporate loan offers which include bank accounts, loans, and credit cards of different types. It has the UnionBank Personal Loan offer which is a multi-purpose cash loan that you may apply for to make personal purchases, travel, host an event, enroll in a course, etc.
Who are qualified to apply for the UnionBank cash loan offer? There is a short list of eligibility criteria in applying for the loan offer. To qualify, you need to meet the following eligibility requirements:
- 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
With regards to the loanable amount under the UnionBank Personal Loan offer, the maximum borrowing amount allowed by the bank is Php 2 million. Are you planning to borrow Php 200,000 under the loan offer?
The good news is that the monthly due details were provided under the UnionBank cash loan offer. If you wish to borrow Php 200,000, here are the monthly installments:
| Loan Term | Monthly Installment | Interest Rate (per annum) |
|---|---|---|
| 60 months | ₱ 6,095.12 | ACR 26.9% |
| 48 months | ₱ 6,845.12 | ACR 26.9% |
| 36 months | ₱ 8,154.32 | ACR 26.9% |
| 24 months | ₱ 10,865.91 | ACR 26.9% |
| 12 months | ₱ 19,193.72 | ACR 26.9% |
There are fees and charges that the UnionBank implements under the Personal Loan offer which are as follows:
| 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” |
Do you wish to apply for the loan offer of the UnionBank? You might to check on the UnionBank Loans and their amazing features.