Guide on UnionBank Cash Loan 2025 Monthly Installments
UNIONBANK CASH LOAN 2025 – If you will borrow Php 900,000, here is a guide on the monthly due based on the loan terms set by the UnionBank Philippines.
Are you looking for a non-collateral loan offer that can get you the money that you need? Whether it is to finance a single purpose or to finance several purposes under a single loan, the UnionBank Philippines is one of the entities that you may turn to.
The UnionBank is one of the trusted banks in the Philippines that is delivering qualify finance products for several years now since 1981. It has several offers that include both personal and corporate products — from bank accounts to debit and credit cards to loans and insurance policies.
With regards to the loan offers of the bank, aside from the loans that can get you your dream car or dream house, it also has the UnionBank Personal Loan 2025. It is also called the UnionBank cash loan, a multi-purpose loan offer of the bank.
Who are qualified to apply for the UnionBank cash loan offer? There are only a few eligibility requirements for application. To qualify, the loan applicant should meet the following eligibility criteria:
- 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
With regards to the UnionBank Personal Loan amount allowed for borrowing, the bank has provide a wide range of borrowing amounts. Do you want to borrow P900,000 under the UnionBank cash loan offer?
You can actually get an estimate of the monthly due if you will borrow P900,000. Here’s what may help you decide:
| Loan Term | Monthly Installment | Interest Rate (per annum) |
|---|---|---|
| 60 months | ₱ 27,428.03 | ACR 26.9% |
| 48 months | ₱ 30,803.05 | ACR 26.9% |
| 36 months | ₱ 36,694.43 | ACR 26.9% |
| 24 months | ₱ 48,896.59 | ACR 26.9% |
| 12 months | ₱ 86,371.75 | ACR 26.9% |
There are fees and charges that you must consider in deciding how much you will borrow under the UnionBank cash loan offer. Here is a guide:
| 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” |
There are documents that you need to prepare in applying for the UnionBank loan offer. The lists vary among the salaried and non-salaried individuals and there is also a unique set of requirements for foreign nationals who want to apply for the loan offer. Here’s a guide: