Guide on UnionBank Cash Loan 2025 Monthly Installments
UNIONBANK CASH LOAN 2025 – If you will borrow Php 100,000, here is a guide on the monthly due based on the loan terms set by the UnionBank Philippines.
In the country, one of the most trusted and reputable banks is the Union Bank of the Philippines which is operating here for several years now. It got personal, SME, and corporate finance products; investment products; and wealth opportunities.
Countless Filipinos are clients of UnionBank for several years now. It got several loan offers including the UnionBank Personal Loan 2025. It is a multi-purpose cash loan offer that can finance personal purchases, travel, car repair, events, etc.
Under the UnionBank Personal Loan offer, you may get the money in as fast as five (5) minutes since the loan approval. You may also enjoy flexible repayment terms of up to five (5) years. It is a non-collateral loan offer. There is no need for a guarantor in applying for the loan offer as well.
Who are qualified to apply for the UnionBank Personal Loan offer? Here are the eligibility requirements that the reputable banking entity has listed under its offer:
- 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
The UnionBank Personal Loan amount allowed for borrowing may vary depending on the borrower’s capacity to repay the loan. Meanwhile, if you want to borrow P100,000 under the UnionBank cash loan offer, here is a guide on the monthly due depending on the loan term:
| Loan Term | Monthly Installment | Interest Rate (per annum) |
|---|---|---|
| 60 months | ₱ 3,047.56 | ACR 26.9% |
| 48 months | ₱ 3,422.56 | ACR 26.9% |
| 36 months | ₱ 4,077.16 | ACR 26.9% |
| 24 months | ₱ 5,432.95 | ACR 26.9% |
| 12 months | ₱ 9,596.86 | ACR 26.9% |
It is important to note that there are interest as well as service fees and charges that UnionBank clients must know. Here is a guide on the different charges that may apply under the loan offer:
| 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” |
Are you interested to apply for the UnionBank cash loan offer? It is open not only for the employed and self-employed individuals as well as foreign nationals. There are varying lists of documents required in applying for the loan offer. Here is a guide on what you need to prepare and submit to the bank for application: