Who can apply for the Union Bank Personal Loan?

To qualify for the Union Bank Personal Loan, applicants must meet certain eligibility criteria. Firstly, applicants must be aged between 21 and 65 years old, ensuring that borrowers are within a suitable age range for loan repayment. Additionally, applicants must be Filipino residents or local resident foreigners with a valid Philippine billing address.

Furthermore, applicants must possess a Tax Payer’s Identification Number (TIN), indicating compliance with tax regulations. Being a principal credit cardholder is also a requirement, showcasing a history of responsible credit management. Finally, applicants must have a minimum gross annual income of Php 250,000.

These eligibility requirements are designed to ensure that applicants have the necessary age, residency, financial stability, and credit history to qualify for the Union Bank Personal Loan, providing peace of mind and confidence to both borrowers and lenders alike.

What is the required documentation to apply for the Union Bank Personal Loan?

For employed:
✔️Latest complete 1 month pay slip issued within the last 2 months; or
✔️Certificate of Employment with Salary issued within the last 2 months;

For self-employed:
✔️Latest income tax return of your business (Form 1701) – all pages;
✔️Latest Audited Financial Statements of the business with independent auditor’s report and balance sheets and tax receipt with bank stamp – all pages

A tip for you!

For those seeking financial assistance, the Union Bank Personal Loan stands out with its exceptional features. With flexible repayment terms spanning from 1 to 5 years and loan amounts ranging from ₱100,000.00 to P2 million, borrowers have ample flexibility to tailor their loan according to their needs.

Moreover, the absence of collateral or guarantor requirements simplifies the application process, while the competitive interest rate of 26.9% ensures affordability.

We highly recommend this loan for its efficiency, offering approval in as fast as 5 minutes, ensuring quick access to funds when needed. Whether it’s for major life milestones, home renovations, or education expenses, the Union Bank Personal Loan provides the necessary financial support.