Guide on UnionBank Personal Cash Loan Offer for Qualified Clients
UNIONBANK PERSONAL CASH LOAN – Here are the important details about the multi-purpose cash loan offer of UnionBank Philippines.
If you are looking for a multi-purpose cash loan, the Personal Loan offer is the perfect one for you. It is also best for those who want to solve multiple financial needs under a single loan offer. In that way, you will be dealing with a single…
- interest rate
- monthly due
- loan term
The UnionBannk Personal Cash Loan offer is an unsecured loan meaning there is no need for a collateral, a property, in applying for the loan offer. It was designed to help meet the personal needs of the client.
Under the multi-purpose cash loan offer, you may borrow up to Php 2 million. There is also no need for a guarantor in applying for the loan offer. The loan is payable from one (1) year up to five (5) years thus there is really an option for light monthly installments.
Who are qualified to apply for the UnionBank Personal Cash Loan offer? The loan is open for both salaried and non-salaried Filipinos. In fact, even overseas Filipino workers (OFWs) may apply for the loan offer.
The UnionBank has crafted a short list of eligibility requirements to qualify for the loan offer. Here are the qualifications that the loan applicant must meet to be eligible to apply for the offer:
- at least 21 to 65 years old
- a Filipino resident or a local resident foreigner with a valid Philippine billing address
- has a Tax Payer’s Identification Number (TIN)
- a principal credit cardholder
- has a minimum gross annual income of Php 250,000
- gainfully employed or self-employed
The application to the UnionBank cash loan’s processing may take as fast as 24 hours. The processing will start right away after the submission of a complete set of documentary requirements.
Once approved, UnionBank will call you to arrange the mode of releasing your cash loan proceeds. Aside from the cash loan offer, the bank also offers a Home Loan.
