Guide on UnionBank Cash Loan 2026 Monthly Installments
UNIONBANK CASH LOAN 2026 – With a Php 400,000 borrowed amount, here is a guide on the monthly due depending on the loan terms set by the UnionBank Philippines.
Financial needs can come across anyone at any time. In fact, even the people who have big savings in the bank may sometimes need more financial resources to accomplish a project or a long-time goal. In the Philippines, one of the trusted entities that you may turn to for this is the UnionBank.
The UnionBank Philippines is one of the reputable banking entities in the country. Serving the Filipinos since 1981, it has earned the trust of millions of Filipinos. It also continuously grew its offers which included bank finance products of different kinds.
The UnionBank offers personal and corporate savings and checking accounts, credit cards, loans, insurance policies, and many others. One of its loan offers is the UnionBank Personal Loan.
The Personal Loan offer of the UnionBank Philippines is a multi-purpose cash loan offer that may be applied for for the purpose of making a personal purchase, expanding a business, hosting an event, getting the car repaired, etc.
Who are qualified to apply for the UnionBank cash loan offer? There are a few eligibility requirements under it. To qualify, the 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
With regards to the amount that you may borrow under the offer, the loanable amount under the UnionBank Personal Loan is actually up to Php 2 million. Do you wish to borrow Php 400,000 under the loan offer?
Meanwhile, you can check your possible monthly amortizations on specific amounts. For example, if you intend to borrow Php 400,000, here is a guide on the monthly dues and the interest rate per annum:
| Loan Term | Monthly Installment | Interest Rate (per annum) |
|---|---|---|
| 60 months | ₱ 12,190.23 | ACR 26.9% |
| 48 months | ₱ 13,690.24 | ACR 26.9% |
| 36 months | ₱ 16,308.63 | ACR 26.9% |
| 24 months | ₱ 21,731.82 | ACR 26.9% |
| 12 months | ₱ 38,387.45 | ACR 26.9% |
The UnionBank Philippines implement fees and charges under its Personal 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.