Who Are Qualified for UnionBank Auto Loan? Here are the Qualifications in Applying

Guide on Who Are Qualified for UnionBank Auto Loan Offer Application

WHO ARE QUALIFIED FOR UNIONBANK AUTO LOAN – Here is a guide on the qualifications in applying for car loan offer of UnionBank.

UnionBank Philippines is one of the banks that you can turn to for loans. It is one of the most popular and trusted banking companies in the country and it has several loan offers. One of the offers is the Auto Loan offer.

The UnionBank Auto Loan offer is open for both brand new and second-hand units. It is also open to finance the purchase of a brand new light truck. Under the offer, you pay for the loan in 12, 18, 24, 36, 48, or 60 months. With regards to the interest rates, it vary from 6.56% to 31.76% depending on the applied rates at the time of the application and the loan term.

Who Are Qualified for UnionBank Auto Loan
Photo Credit: Moldex Reality

Who are qualified for UnionBank Auto Loan application? To be eligible to apply for the loan offer, the member-borrower must be:

  • at least 21 years old but not more than 65 years old upon the loan maturity
  • a Filipino, a foreign national married to a Filipino, a business entity like a corporation, or a partnership

Aside from the question about who are qualified for the UnionBank Auto Loan application, another common inquiry is about the documentary requirements. There are documents that you need to apply in applying for the loan offer. To check on the documents that you need to prepare in applying, you may visit – Requirements for UnionBank Auto Loan Offer – Here’s What You Need To Comply in Applying.

UnionBank has several other loan offers. To check on the other loans that you may apply for, you may visit – UNIONBANK LOANS – Full List of the Loan Offers of UnionBank.

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