We offer our clients up to P5M for a maximum period of 24 months.
How long is the approval process?
Once all requirements have been submitted, approval usually takes 2-3 days.
How do I know if my loans is approved?
You will receive a notification via SMS, email, and/or a phone call.
When can I claim my loan money?
The whole process from application to releasing normally takes 7-14 business days.
How do I get my loan?
Disbursement of loan is through check for pick-up or delivery for your convenience.
How do I pay my loan?
The loan can be paid via bank deposit, ECPay, post-dated checks (PDCs), or over-the-counter at any UnionBank branch, and through the UnionBank app with the amount bearing the equal monthly amortization of the principal and interest.
How much is the interest rate and service charge?
The interest rate is as low as 1.25% monthly. The service charge is only 3% of the approved loan amount.
Can I pay my entire loan before its maturity date?
Yes, you can. You may email or call us and one of our friendly staff can have this arranged for you. There is a prepayment charge of 7% only.
How much is the penalty charge for missed payments?
The penalty charge depends on the type of loan and monthly amortization.