Guide on UnionBank Cash Loan 2026 Monthly Installments
UNIONBANK CASH LOAN 2026 – With a Php 600,000 borrowed amount, here is a guide on the monthly due depending on the loan terms set by the UnionBank Philippines.
Are you one of the individuals who are in need of an access to cash? The reputable banks are among the entities that you may turn to. A lot of people undeniably prefer transactions with trusted banks for safety. One of the reputable banking entities in the Philippines is the UnionBank.
Being in the service of the Filipino people since 1981, the UnionBank Philippines has earned the trust of countless Filipinos nationwide. It got different kinds of offers including personal and corporate finance products.
Aside from the savings and checking account, credit cards, and investment products offered by the bank, it also has several loan offers. One of them is the UnionBank Personal Loan. It is the loan offer with the biggest flexibility in terms of the loan purposes it may serve.
Whether your are in need of cash for a personal purchase, to enroll in a course, to expand your business, to invest, etc., the BPI cash loan offer is probably the best fit for your needs. Don’t worry, the list of qualifications under the loan offer is very short.
To be eligible to apply for the UnionBank Personal Loan offer, the loan applicant should meet the following qualifications:
- 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 amounts under the UnionBank Personal Loan, the maximum borrowing amount is as much as P2 million. The loan offer is open for both employed and self-employed individuals.
Under the UnionBank cash loan offer, you can actually have an estimate of your monthly due based on specific amounts. If you wish to borrow Php 600,000.00, here are the monthly installments under the offer:
| Loan Term | Monthly Installment | Interest Rate (per annum) |
|---|---|---|
| 60 months | ₱ 18,285.35 | ACR 26.9% |
| 48 months | ₱ 20,535.37 | ACR 26.9% |
| 36 months | ₱ 24,462.95 | ACR 26.9% |
| 24 months | ₱ 32,597.73 | ACR 26.9% |
| 12 months | ₱ 57,581.17 | ACR 26.9% |
There are fees and a few case-to-case charges under the UnionBank Personal Loan offer just like in countless other loans out there. Please keep note of the following:
| 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.