Check here the List of UnionBank Personal Loan Requirements for Application
UNIONBANK PERSONAL LOAN REQUIREMENTS 2025 – For self-employed individuals who want to apply for the loan offer, here are the documents required by the bank.
Are you looking for an entity where you may apply for a cash loan offer? In the Philippines, one of the reputable entities that you may turn to is UnionBank. It is a trusted entity with several finance product offers.
The offers of UnionBank caters to both personal and business needs. It has savings and checking accounts, credit cards, loans, insurance policies, and many other finance products. Aside from the UnionBank Auto Loan offer, the bank also has the UnionBank Personal Loan, a multi-purpose cash loan offer.
You may apply for the Personal Loan offer to finance an event, a travel, make a personal purchase, pay for the educational fees of your child, expand your business, and many other purposes.
UnionBank may lend you up to P2 million which is payable for up to five (5) years. Your loan application can be approved in as fast as five (5) minutes. Are you interested to apply for the loan offer?
Before checking the UnionBank Personal Loan requirements for application, there are eligibility requirements that must be met. Here are the qualifications set by the UnionBank under the cash loan offer:
Qualifications:
- at least 21 years old at the time of the loan application
- 65 years old and below at the time of the loan maturity
- has a Tax Payer’s Identification Number (TIN)
- a principal credit cardholder
- has a minimum gross annual income of Php 250,000
The loan offer is open for both employed and self-employed individuals. While there is a separate list of UnionBank Personal Loan requirements for the employed individuals, here are the documents that self-employed individuals must prepare in applying for the cash loan offer:
For Self-Employed Individuals:
- duly-accomplished UnionBank Personal Loan Application Form
- one (1) valid government-issued ID with photo and signature
- Latest income tax return of your business (Form 1701) – all pages
- Latest Audited Financial Statements of the business with independent auditor’s report and balance sheets and tax receipt with bank stamp – all pages
You may apply for the loan offer online. However, if you opt to do so, make sure that your ID meets the following requirements:
- valid for atleast 30 calendar days from date of application
- must be valid photo ID card / passport
- must match with the name you provided
- make sure the ID is right side up
- make sure the ID is clear and readable
- avoid flash or glare
- an ID with an address is preferable
- Laminated ID with manually affixed photo is not acceptable
The UnionBank also offers a debit card. If you are interested to apply for the offer, there are requirements for UnionBank Debit Card application you must prepare and submit to the bank.