Guide on UnionBank Cash Loan 2026 Monthly Installments
UNIONBANK CASH LOAN 2026 – With a Php 300,000 borrowed amount, here is a guide on the monthly due depending on the loan terms set by the UnionBank Philippines.
Reputable banks are among the entities that are the best “turn-tos” in times of financial needs. One of them is UnionBank Philippines which has already earned the trust of countless Filipinos.
The UnionBank Philippines is operating in the country since 1981. Its offers have continuously grow through the years. It got personal and corporate savings and checking accounts, loans, credit cards, investment products, and other finance services.
With regards to the loans offered by the reputable banking entity, one of them is the UnionBank Personal Loan or also called the UnionBank cash loan offer. It is multi-purpose. It can fund your personal purchase, travel, education, the expansion of your business, event, etc.
One of the best features under the UnionBank cash loan offer is that it has a short list of eligibility requirements. To qualify for the application to the loan, here are the qualifications that an aspiring client should meet:
- 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 loanable amount under the UnionBank Personal Loan offer, you may actually borrow up to Php 2 million. Do you wish to borrow Php 300,000 under the loan offer?
The good news is that the monthly due details were provided under the UnionBank cash loan offer. If you wish to borrow Php 300,000, here are the monthly installments:
| Loan Term | Monthly Installment | Interest Rate (per annum) |
|---|---|---|
| 60 months | ₱ 9,142.68 | ACR 26.9% |
| 48 months | ₱ 10,267.68 | ACR 26.9% |
| 36 months | ₱ 12,231.48 | ACR 26.9% |
| 24 months | ₱ 16,298.86 | ACR 26.9% |
| 12 months | ₱ 28,790.58 | ACR 26.9% |
Like other banks and loan providers, UnionBank Philippines has a list of fees and charges that may be applied on the UnionBank cash loan offer. Here’s 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” |
Do you wish to apply for the loan offer of the UnionBank? You might to check on the UnionBank Loans and their amazing features.