UnionBank Personal Loan

What is a UnionBank Personal Loan? 

UnionBank Personal Loan is a type of unsecured borrowing that comprises Auto loans, Home loans, and Quick Loans. These types of loans are offered mainly to employed and self-employed individuals. 

Unsecured borrowing requires no collateral of any personal(movable) or real (immovable) assets. It is granted to individuals who have excellent credit scores.  UnionBank Personal Loans have been established to help Filipinos transform their lives and give them the best shot at meeting their personal goals. 

UnionBank Personal Loan Features and Benefits

Auto Loan

Nowadays, a car is not just something that people want, it has now become a necessity. Not having the financial means to buy a car can be challenging but with UnioBank’s auto loan product, they will be able to help you drive home a new car. 

To apply for an Auto Loan, customers can simply visit the UnionBank website and find the Auto Loan calculator. For starters, customers can enter the details required to be filled in the loan calculator. Once done, a summary of the cash-out and monthly amortization including your finance costs will be computed. If the repayment fits well within your budget, simply click on Apply. 

Home Loan

As a part of UnionBank Personal Loan, Home Loans give their customers an opportunity to build their future homes. With flexible loan terms and affordable interest rates, Filipinos can finally have a house they can call their own. 

To know if the monthly amortization of your dream home fits in your budget, the home loan calculator will help you decide – you may have the discretion on how much down payment amount you can afford. Interest rates will vary depending on the tenor of your loan. After a calculated amount has been shown and you agree to it, you may directly proceed to the home loan application online. 

Quick Loans

Quick Loans provide a faster way for borrowers to acquire cash for an emergency or any other immediate personal needs. 

One catch about Quick Loans is that only those who have been pre-screened will be approved of a quick cash loan. Those who are already customers of UnionBank will be able to receive an invite code which they will use when they apply for the loan. 

Why Apply for a UnionBank Personal Loan?

Fast Application and Approval Process

In today’s digital era, everything can be done electronically – from filling out application forms, submitting requirements, verification and approval processes. They can all be done from the comfort of your home and UnionBank Personal Loan is not an exception. It offers customers the convenience of banking from anywhere in the Philippines and having access to personal loan products when it is not possible for them to visit a UnionBank branch. 

Auto-Programmed Loan Calculator

Most of the time, the first thing that a customer worries about is whether or not they can afford the monthly amortization should they decide to go ahead with a loan. UnionBank has created an online loan calculator that will help customers plan ahead and decide whether their current financial standing will be able to afford achieving their life’s next goals. 

Conclusion

UnionBank Personal Loan products offer customers easy and competitive financing to achieve the long-term and short-term goals of their families. With easy to apply for and quick to release loans, customers will not find themselves wanting for something more that a bank can offer. 

With the many personal loan products out there, UnionBank’s Personal Loans help individuals and their families get the boost they need in life and in their finances.