Guide on the UnionBank Auto Loan Requirements You Must Prepare in Applying
UNIONBANK AUTO LOAN – Here is a list of the requirements in applying for the said loan offer of UnionBank Philippines.
Undeniably, having your own car has a lot of benefits. Its advantages is more appreciated now amid the COVID-19 crisis in the Philippines. Truths be told that commuting now is really hard.
The capacity of the public vehicles were reduced. Undeniably, even before the pandemic, there are already areas and specific time of the day where the public utility vehicles cannot accommodate all the passengers. Thus, travelling now most especially in peak hours is double the challenge.
Are you planning to get your own car soon? You may consider loan offers like the UnionBank Auto Loan.
The said UnionBank loan offer is open for both brand new and second hand cars. It can also finance the purchase of brand new light trucks.
There are eligibility qualifications in applying for the said loan offer. To qualify for the said loan offer, you must be:
- between 21 to 65 years old
- earning at least Php 50,000.00 monthly
- 65 years old or below upon the loan maturity
Do you want to know how much you can borrow under the said loan offer? You may visit – UnionBank Auto Loan – How Much You Can Borrow Under This Loan.
There are requirements to prepare in applying for the UnionBank Auto Loan offer. It will depend whether you are employed or self-employed. Refer to the lists below:
- 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 reference
- Duly-accomplished 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.
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