Every second counts and that’s why services like UnionBank fast loan help you save time. You can apply for a loan with UnionBank from the comfort of your clean house. You will see more and more online services like these as technology advances.
Quick Loans is a 100% online payroll loan program. All you need is access to a stable internet connection and a computer, and you’re good to go. However, you must first be eligible for a loan. More on this soon.
Now if you found yourself need money and don’t have time to wait for a date, you can head and do everything in less time with UnionBank. Details about the suite.
What to expect
When it comes to loans, you obviously have expectations – not only what you are going to do with the money, but also the process of obtaining the loan. The bank also has its own expectations of you before lending you money.
First of all, you can get any reasonable amount when you apply for UnionBank fast loan. You can expect PHP 1000 on the low side and around PHP 250,000 on the high side. The amount you get is determined by your prequalification results.
What are the fees for the quick loan?
Most loans have fees. Once the loan is issued, you will need to keep up to date with interest to your refunds.
In addition to that, you will usually have to pay a Processing fee before you can get the loan. Here are the processing fees for UnionBank loans.
- For a loan of 10,000 PHP and more – 2,000 PHP.
- PHP 5000 up to PHP 9,999 – PHP 500
- PHP 2000 to PHP 4999 – PHP 300
- PHP 1000 to 1999 – PHP 100
Also there are no late payment fees. Although the bank does not provide an interest rate for their quick loans, their mortgage interest rates are between 8% and 11%. The bank therefore offers fair rates.
Who can borrow?
You must be a UnionBank member before you think about getting a quick loan. This means that you must be at least 21 years old and a account holder with UnionBank if you want to apply for a quick loan.
The next thing, which is quite crucial, is that you may be an account holder with UnionBank and not qualify for the quick loan. You must be informed of your eligibility by SMS or email in most cases, and this applies to all pre-qualified UnionBank account holders. If you are eligible, you will receive a invitation code.
How to Apply for a Quick Bank Loan
TO apply for a UnionBank fast home loan, you must have a UnionBank account online. You can visit the UnionBank website and easily start the process of opening an online account by clicking the button registration button and filling in the required details.
Once you have opened a bank account and have received a quick loan invitation code by SMS or e-mail, you can apply for a quick loan online of the House. This is done through the UnionBank website.
How to contact the bank
If you would like to call the bank with any questions or concerns, you can reach them on 011 800 8277 2273. You can also find their primary address at UnionBank Plaza Bldg., Meralco Ave. corner Onyx St., Ortigas Center, Pasig City, Philippines.
Gone are the days of long queues at the bank, you can now take care of many services at home. Loans have always been something you had to go to the bank for, but with the Union Bank Quick Loan Program, you can also take care of it from home.
To note: There are risks when applying for and using credit. See the bank’s terms and conditions page for more information.