Guide on UnionBank Auto Loan Income Requirement in Applying
UNIONBANK AUTO LOAN – Here is a guide on how much is the required income in applying for this UnionBank loan offer.
Undeniably, having your own car now has a lot of advantage. Amid the pandemic, it is a lot safer to travel with your own vehicle and you can also skip long lines in jeepney terminals now due to the reduced capacity.
However, truths must also be told that buying a car or obtaining even a pre-owned one requires a huge amount of money. It is one of the biggest purchases a person can ever make.
Meanwhile, there are options if you cannot pay for it in full now. You can apply for a bank loan and one of the banks that offer it is UnionBank.
The UnionBank Auto Loan offer is open for both brand new and pre-owned vehicles. It is even open to assist the purchase of a brand new light truck.
Like other loans, the bank has set eligibility requirements in applying for the UnionBank Auto Loan. It revolve on the age, nationality, and income of the applicant.
To be eligible to apply for this loan offer, the applicant must be:
- at least 21 years old but not more than 65 years old upon the loan maturity
- a Filipino / a foreign national married to a Filipina / a business entity
- earning a total monthly income of Php 50,000.00
Do you want to know how much you can borrow under this UnionBank loan offer and how to apply for it? You may apply for it online. Feel free to visit – UNIONBANK CAR LOAN – Minimum & Maximum Loanable Amounts.
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