Guide on UnionBank Cash Loan 2026 Monthly Installments
UNIONBANK CASH LOAN 2026 – With a Php 500,000 borrowed amount, here is a guide on the monthly due depending on the loan terms set by the UnionBank Philippines.
In the Philippines, there are several banks that you can turn to in times of cash needs. The real deal is finding a reputable one with excellent offers. If you are in a search for it, you can turn to UnionBank Philippines.
The UnionBank Philippines is one of the banking entities in the country that has already earned the trust of millions of Filipinos. It has a wide range of offers which it continuously expanded since it first began its operation in the country in 1981.
UnionBank got several savings and checking account offers, credit cards, loans, and many others. One of the loan offers of the bank is the UnionBank Personal Loan. It is a multi-purpose cash loan offer and the most flexibility when it comes to the loan purposes for application.
You may apply for this UnionBank cash loan offer to make a personal purchase, expand your business, travel, enroll in a course, make an investment, etc. There is a short list of qualifications under the loan offer.
To qualify for the UnionBank cash loan offer, a loan applicant should meet the following qualifications for application:
- 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
How much is loanable under the UnionBank Personal Loan that is open not only for the salaried but as well as non-salaried Filipinos? The maximum borrowing amount is as much as P2 million.
Under the UnionBank cash loan offer, you can actually have an estimate of your monthly due based on specific amounts. If you wish to borrow Php 500,000.00, here are the monthly installments under the offer:
| Loan Term | Monthly Installment | Interest Rate (per annum) |
|---|---|---|
| 60 months | ₱ 15,237.79 | ACR 26.9% |
| 48 months | ₱ 17,112.80 | ACR 26.9% |
| 36 months | ₱ 20,385.79 | ACR 26.9% |
| 24 months | ₱ 27,164.77 | ACR 26.9% |
| 12 months | ₱ 47,984.31 | ACR 26.9% |
Just like the other loan providers in their offers, the bank also applies fees and charges under the UnionBank Personal Loan. Here’s what you should know:
| 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.