Steps for the UnionBank Auto Loan 2024 Application Process
UNIONBANK AUTO LOAN 2024 – Here is a guide on how to apply for the car loan offer of the UnionBank Philippines.
Nowadays, you do not have to wait for years or even decades so you can save for your dream car and buy it. There is no need for a one-time cash payment when there are banks and lending entities that extend you a car loan like the UnionBank Philippines.
The Philippines is one of the trusted and most popular banks in the country for several years now. Aside from the UnionBank Credit Card which is greatly popular of, it also has multiple loan offers including the UnionBank Auto Loan.
UnionBank boasts its Auto Loan offer with fast approval of the loan application, simple application process, and minimal requirements. The loan is payable for up to 60 monthly installments to the bank thus there is really an option for light monthly amortizations.
The UnionBank Auto Loan interest depends on the chosen loan term. The interest is lower if there is a one-month advance payment.
How to apply for the UnionBank Auto Loan offer? There are only a few steps in applying for the offer which are as follows:
Step 1
Make sure you are qualified. The loan offer is open for Filipinos and foreign nationals married to a Filipino at least 21 years of age but not more than 65 years old at the time of the loan application. The loan offer is also open for partnerships and corporations.
Step 2
Prepare the documents required by the bank. There are UnionBank Auto Loan requirements that you need to prepare for submission to the bank for the loan application. Make sure to have a complete set of documents required depending if you are applying as a locally-employed individual, a self-employed individual, a partnership, or a corporation.
Step 3
Visit UnionBank. Go to a branch of the bank nearest to you and submit the required documents for the loan application assessment. The bank will update your the soonest regarding the status of your loan application.
Aside from the in-person loan application, you may also apply for the UnionBank loan online. Undeniaby, this loan application option benefits most individuals who are dealing with busy schedules.
