What is a UnionBank Quick Loan Code?
A UnionBank Invite Code is a code sent to existing UnionBank customers who have been pre-qualified and have passed the initial screening process. Only those with an invite code are eligible to apply for a Quick Loan.
How to Apply for a Quick Loan?
To apply for a Quick Loan, an existing UnionBank customer aged at least 21 years old can follow these simple steps:
- Apply through online or mobile banking. Once the invite code is received, it serves as a ticket for the person to slide through the entire process of obtaining a quick loan.
- Once logged in, proceed to the loan application process by signing up for the loan.
- Once you have entered the UnionBank Quick Loan Code and filled out all required fields with necessary details, read and agree to the Terms and Conditions of the loan agreement.
- Click on the “Submit” button and the pre-approved quick loan amount will be in your account within a few minutes.
Benefit of Having an Invite Code
Existing UnionBank account holders will receive an exclusive invite code which serves as a sign of confirmation that they have successfully registered themselves as a duly identified member of the bank and that they are essentially, already entitled to the availment of the loan subject to meeting the terms and conditions.
While some loan applications require a turnaround time of 3 to 5 days upon submission of complete documentation, a quick loan will not fall under this process. As a matter of fact, since the borrower is already a customer of UnionBank and has already been pre-screened, the application process is just a form of formality and a way of agreeing to the loan terms.
Conclusion
Technology has made it possible for people all around the world to share important information and revolutionize the way that banking and financing works. This has made it possible for people to get access to financial products swiftly and in a more efficient and cost-effective manner.