Guide on UnionBank Cash Loan 2026 Monthly Installments
UNIONBANK CASH LOAN 2026 – With a Php 1 million borrowed amount, here is a guide on the monthly due depending on the loan terms set by the UnionBank Philippines.
Nowadays, financial needs may cross the surface from time to time. Thus, it is best to know the reputable state entities that you may turn to. In the Philippines, one of the best banks that you may turn to is the UnionBank.
UnionBank has established itself as one of the most trusted banks in the Philippines. Since its founding in 1981, it has earned the loyalty of countless Filipinos by building a strong reputation over the years. The bank has consistently expanded its services, ensuring that each offering is designed to meet the changing needs of its customers.
In addition to its personal and corporate savings and checking accounts, UnionBank offers a wide range of financial products such as credit cards, loans, and insurance. Among these, the UnionBank Personal Loan stands out as the most versatile option, giving borrowers the flexibility to use the funds according to their needs.
The UnionBank Personal Loan is a versatile cash loan designed to support a variety of financial goals. Whether you’re looking for extra funds for travel, making a personal purchase, expanding your business, or upgrading your car, this loan offers a reliable solution to help you turn your plans into reality.
The UnionBank Cash Loan program comes with only a few eligibility requirements. To qualify, applicants must meet the criteria set by the bank.
- 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
UnionBank’s Personal Loan gives borrowers the flexibility to access up to ₱2 million, making it a practical solution for a wide range of financial needs. Whether you’re planning a major purchase, financing a project, or simply need extra cash, this loan can provide the support you need.
You can actually check the estimated monthly installment even prior to the application for the loan. For example, if you intend to borrow Php 900,000, here is a guide on the monthly dues and the interest rate per annum:
| Loan Term | Monthly Installment | Interest Rate (per annum) |
|---|---|---|
| 60 months | ₱ 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% |
Like most loan programs, UnionBank Philippines applies certain fees and charges to its Cash Loan offer. Here’s a guide to help you understand them:
| 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 want to check on other loan offers of UnionBank?It would be best to visit the list of the different valuable UnionBank Loans and their excellent features.