Guide on UnionBank Cash Loan 2026 Monthly Installments
UNIONBANK CASH LOAN 2026 – With a Php 800,000 borrowed amount, here is a guide on the monthly due depending on the loan terms set by the UnionBank Philippines.
Even people who have huge savings in their bank accounts have come across situations wherein they are in need of extra cash. If this is true to you right now, there is nothing to worry about. There are trusted entities that you can turn to just like the UnionBank.
Serving countless Filipino people since 1981, the UnionBank Philippines has earned the trust of countless individuals across the nation. Over the years, it has expanded its offers to include a wide range of personal and corporate financial products that attend to different needs.
Actually, apart from the savings and checking accounts, credit cards, and investment products offered by the bank, UnionBank also offers a wide range of loan programs. Among these, the UnionBank Personal Loan which stands out for its flexibility. It can attend to a wide range of purposes.
Moreover, whether you need cash for a personal purchase, to enroll in a course, expand your business, or make an investment, this UnionBank Cash Loan offer could be the ideal solution. One of its top features is that the qualifications required to apply are kept simple and straightforward.
To qualify for the UnionBank’s cash loan offer, here are the eligibility requirements that an applicant should meet:
- 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
Furthermore, under the UnionBank Personal Loan offer, qualified borrowers may access up to ₱2 million. This loan offer is available to both employed and self-employed individuals, providing flexible financing for a wide range of needs.
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 800,000.00, here are the monthly installments under the offer:
| Loan Term | Monthly Installment | Interest Rate (per annum) |
|---|---|---|
| 60 months | ₱ 24,380.47 | ACR 26.9% |
| 48 months | ₱ 27,380.49 | ACR 26.9% |
| 36 months | ₱ 32,617.27 | ACR 26.9% |
| 24 months | ₱ 43,463.64 | ACR 26.9% |
| 12 months | ₱ 76,774.89 | ACR 26.9% |
Like most loan programs other banks and finance entities, the UnionBank Personal Loan comes with certain fees and case-to-case charges. Applicants should take 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.