Guide on UnionBank Auto Loan Interest Rates Depending on Client’s Loan Term
UNIONBANK AUTO LOAN INTEREST – Here is an updated list of the rates implemented under the UnionBank Auto Loan based on the loan term.
Several banks got offers that can help you achieve your dream car. You don’t have to wait until you get to save a million in your account to be able to buy one.
UnionBank is one of those with the said offer. It is open for both brand new and second hand cars. You may also apply for it to purchase a brand new light truck.
Who are eligible to apply for the UnionBank Auto Loan offer? To be eligible, the applicant must be:
- at least 21 years old upon the loan application
- not more than 65 years old upon the loan maturity
- earning at least Php 50,000 monthly
- a Filipino / a foreign national married to a Filipina
Do you want to know how much you can borrow under this UnionBank loan offer? You may visit – UnionBank Auto Loan – How Much You Can Borrow Under This Loan.
You may repay the loan in twelve (12) months up to a maximum loan term of sixty (60) months. With regard to the UnionBank Auto Loan interest rates, it depend on the loan term and whether or not you will pay a one month advance (OMA).
Standard Term:
- 12 Months – 6.56%
- 18 Months – 9.19%
- 24 Months – 12.14%
- 36 Months – 18.18%
- 48 Months – 24.72%
- 60 Months – 31.76%
w/ One Month Advance (OMA)
- 12 Months – 5.68%
- 18 Months – 8.29%
- 24 Months – 11.19%
- 36 Months – 17.16%
- 48 Months – 23.61%
- 60 Months – 30.57%
Thank you for visiting our website. We hope we have helped you with regard to this matter. You may keep coming back for more informative guides.
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