UnionBank Auto Loan – Who Are Eligible To Apply For This Loan Offer

Guide on Who Are Eligible To Apply for the UnionBank Auto Loan

UNIONBANK AUTO LOAN – Here is a guide on who are eligible to apply for the said loan offer of UnionBank Philippines.

Are you planning to purchase a car this year but your savings may not allow you yet? You may apply for a loan. There is no need to wait long to finally enjoy the benefits of having your own wheels.

There are several banks, lending companies, and financing firms that are ready to assist you in the purchase of a vehicle. One of them is the UnionBank Philippines.

The UnionBank Auto Loan is open for both brand new and second hand vehicles. It is even open to assist a purchase of light trucks.

Who are eligible to apply for the UnionBank Auto Loan offer?

To be eligible, the applicant must be…

• between 21 to 65 years old
• at least 65 years old upon the loan maturity
• earning at least Php 50,000.00 monthly
• Filipino / foreign nationals married to Filipina / business entities

You may like an idea of how much you can borrow under this UnionBank loan offer and how to apply for it. Feel free to visit – UnionBank Auto Loan – How Much You Can Borrow Under This Loan.

For the requirements in applying for the said UnionBank loan offer, it varies depending on the source of income of the applicant. Here are the lists that you must prepare:

For employed applicants…

• COE – Certificate of employment with compensation
• Latest Income Tax Return (ITR)

For self-employed applicants…

• Business Registration papers (DTI, SEC if applicable)
• ITR with audited financial statements (2 years)
• Trade references
• Completely filled up application form

Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.

READ ALSO: UNIONBANK LOANS – Full List of the Loan Offers of UnionBank