Quick Digido loan is much easier than UCPB loan!

In this article you will learn all about UCPB loans – types of loans, conditions, requirements for the borrower. Unfortunately, UCPB has high requirements for customers and often refuses. For this reason, we recommend Digido loan which is available to every Filipino. You can get up to 25,000 pesos in just 15 minutes without collateral or income certificates!

All About UCPB Personal Loan

Last updated: October 25, 2022

Written by: Sean Martin D. Plantado | Reviewed by: Rafael Hular

Key takeaways:

  • UCPB is one of the most reliable banks in the Philippines and is well suited for consumers.
  • However, not all Filipino citizens meet the stringent requirements of this bank.
  • If you have a stable but small income, or if you need a loan before your salary, we suggest applying for funds from Digido.
  • This is a great solution because the approval rate for Digido applications is over 90%. The decision on the loan will arrive in a few minutes.

United Coconut Planters Bank (UCPB) is very popular in the Philippines. The bank understands your struggles during this pandemic hence they offer you UCPB personal loan. The loans are affordable and have a flexible tenure. Let’s discuss your future in detail.

UCPB was established in 1963 and it was known as Cocobank. However, over the years they’ve grown and made a name for itself in the Philippines. The firm has even been able to support government, corporate and private institutions with financial series and other products. Today the bank has moved to the online platform and now offers its products and services to various consumers. This is why they have found the bank to be reliable and accessible. One of the services the bank provides is the UCPB Personal Loan online application. The service allows you to apply for a loan from anywhere in the country.

As long as you have an internet connection you are good to go. Additionally, the UCPB Personal Loan interest rate is at 18-20% per annum. Besides that one can request a loan as much as PHP 300,000 and as low as PHP 50,000. While the loan tenure ranges from 1 to 3 years depending on the terms of the agreement.

As long as you have an internet connection you are good to go. Additionally, the UCPB Personal Loan interest rate is at 18-20% per annum. Besides that one can request a loan as much as PHP 300,000 and as low as PHP 50,000. While the loan tenure ranges from 1 to 3 years depending on the terms of the agreement.

→ Useful information about blacklisted loans online

How to Apply for a Personal Loan at UCPB?

When it comes to applying for a loan it is a simple process which takes a few minutes. In this section, we’re going to take you through the steps of applying for a UCPB personal loan.

Step 1: The first step is obtaining an application either from your nearest branch or even downloading it online. However, this applies to those who opt to visit the bank physically. On the other hand, if you’ve got a smartphone or a computer, visit the official UCPB website in the Philippines. The site will give direct access to the loan application form where you can start your UCPB Personal Loan application.

Step 2: This is where you will need to provide relevant documents for the loan to be approved. These documents must be legit and in line with the bank’s policies. This applies to those who choose to apply for the loan online. However, if you choose to visit the bank, you can still be requested a list of the documents needed. Moreover, visiting the bank physically gives you a chance to ask some of the pressing questions concerning the UCPB Personal Loan. Therefore we insist that you provide valid and legal documents since the evaluation team goes through the loan request and check the documents. If there is any that raises a red flag then your loan request shall not be approved.

Step 3: Submission of your loan request to your nearest branch or uploading the files online.

Step 4: Once you have submitted your loan request online or dropped it in a branch, the team starts to review the application. If you have applied for the funds online, the bank will then send you a notification regarding your loan status. At this point, you’ll know if your loan request has been approved or declined. However it will take 5 to 7 days to receive a response from the bank.


  • What kind of bank is UCPB?
    UCPB was founded in 1963 and was the first private Philippine bank. UCPB received its expanded commercial banking license in 1981. Today, the bank operates nationwide and provides a full range of banking services.
  • How do I contact UCPB?
    You can contact the UCPB at (02) 8811-9100 (for auto home, salary and personal loans).
  • Is UCPB a govt bank?
    UCPB is a government-owned and one of the largest banks in the Philippines.

→ Also read all about cash loan in the Philippines with sure approval

UCPB Personal Loan Requirements

For your loan request to be approved there are several parameters you must meet. The UCPB Personal Loan requirements include the following:

  1. One must be a Filipino citizen;
  2. You should provide 2 government-issued IDs and a utility bill;
  3. The applicant should be between the ages of 23 and 65 years old. Though, if you are 70 years old and self-employed you can still qualify;
  4. One must also have a checking account and also major credit holder;
  5. You should be permanently employed for at least 2 years with a supervisory rank;
  6. An applicant should also be earning a minimum gross monthly income of PHP 30,000 for the employed;
  7. For those who are self-employed, you must have been in business for 3 years and the business must be profitable for 2 years. This should be accompanied by business registration documents such as SEC for Corporations and DTI for sole proprietors;
  8. One should provide the latest monthly statement and Income Tax Return (ITR) for those who are employed;
  9. Photocopy of checking account statements for the last 6 months and ITR documents shall be needed as well for the self-employed.
Apply now

→ Also read Where to Apply for Installment Mobile Phones?

UCPB Personal Loan Hotline

We understand that UCPB Personal Loan reviews you read on their website can’t tackle all your questions. You might need an issue tackled by financial experts to ensure you are convinced about the issue at hand. This is why they have provided you with the UCPB Personal Loan hotline. The hotline gives you access to their support team within the working hours, weekdays from 8:30 a.m. to 5:00 p.m. They are skilled and able to answer your questions correctly. The bank has even provided a UCPB personal loan contact number: (02) 811-9100 to reach them on. But, if you can’t reach them on their hotline, you could also reach them on (02) 811-9042 or 811-9059.

→ Learn Can I get a personal loan with a 500 credit score?

Disadvantages of UCPB Personal Loan

Here are some of the limitations when it comes to requesting a loan from UCPB Bank.

  1. If you need a small amount of credit the UCPB is not the place for you. The financial institution only gives a minimum loan amount of PHP 10,000. Additionally, there are personal loan fees that one will have to part with. This makes it expensive if you are looking for a small loan amount.
  2. If you need a loan for less than 1 year UCPB is not the best lender for you. The bank only deals with loans that have a tenure of 12 months minimum. Therefore, we recommend seeking short term loans from other lenders.
  3. Another thing that makes the bank unreliable is that you have to wait for 5 to 7 days for the loan decision. This means if you are seeking an emergency loan you will have to look for it from another bank or lender in the country.
  4. If you’re under 23 years old then you do not qualify for UCPB Personal Loan in the Philippines. However, other financial institutions offer loans to individuals who are at least 21 years. This particular rule locks out many entrepreneurs who are seeking funds to expand their businesses.
  5. On the other hand, if you’re not officially working then getting a loan from the UCPB Bank is impossible. The institution only offers loans to those who are employed or self-employed.
    Moreover, for the employed, you need to be having a supervisory rank and you have been employed for two years. When it comes to the self-employed, you must have been in the business for 3 years. Therefore if you are not employed or self-employed and meet the parameters then getting a loan is impossible.

I want to borrow ₱ 10000
Min: ₱ 1000
Max: ₱ 20000
Payment Terms 10 days
7 days
21 days
My Monthly Gross Income ₱ 20000
You return*: 10 000
All your data is under secure protection!
We recommend taking a loan!

* Interest payments are approximate. The final loan amount and interest rate must be confirmed in your loan agreement after loan approval.

Read how to get 1 hour loan approval

Alternatives for UCPB Personal Loan

It is true that UCPB is a good bank in the Philippines but their rules and regulations make it hard for one to acquire a loan. For this reason, other online financial institutions offer loans at a low-interest rate. Plus they have short term loans with flexible tenure. An online lender that offers these services is Digido.

Digido was founded in 2017 and it has grown to be one of the best online lenders in the Philippines. It provides low-interest loans and the tenure ranges from 7 to 30 days depending on the terms and conditions of the loan. Additionally, you can request a minimum loan of PHP 1,000 to a maximum of PHP 25,000. Besides that, the loan is approved within an hour upon the request being received.

The requirements that you should meet are the following:

  • You should be between the ages of 21-70;
  • A functional mobile number is also needed during the application;
  • You must be a Filipino citizen who is employed or self-employed;
  • One must provide your government issued ID card and passport during the application.

All operations are performed online - you don't have to leave your house
In only 4 minutes you can receive up to 5000 pesos in your bank account
We don't require guarantors representation, documentation, or guarantee deposits.
The service is fully automated

Digido Benefits

  • Digido doesn’t require collateral for the loan to be approved;
  • There is minimal documentation involved;
  • The loan request is approved within minutes.
Apply now

Digido Reviews

  • Edelyn
    Fast and efficient. Good service too. Low interest and longer time for payment terms. Highly recommended.
  • Azen
    Very fast and reliable source of money. Easy payment option also 🙂
  • Elle
    I recommend this loan app. It's the best app I've tried. Interest is not high, loan term is 30 days. Customer service staff are very nice. Fast cashout too and very reliable.
  • Jaypee
    I am so thankful to this lending app. Its so nice to use plus their customer service is good. I always use this but sometimes I use to make a late payment but this app have a choices to extend it. Thank you, Digido.
  • Cherie
    I gave 5 star because it is very easy application and fastest loan to disburse a money unlike the other loan apps. Thank you Digido.
Submit review
Submite review
Thank you for review!
Rating (4.7/5) 520 voted. Rate us

Download the Digido mobile app and get loan instantly!

  • Borrowing 24/7
  • Approval rate over 90%
  • 1 Valid ID

Loan money online now!

Written by: Sean Martin D. Plantado

Author pages:
Sean Martin Plantado is the head of Customer Care Dept. and Online Sales Dept. of Digido Finance Corp. creating articles, blogs, and other learning mediums that helps Filipinos struggling on their financial literacy. Sean also loves Cycling, Photography, Cinematography, Online gaming, Fine Arts, and dreams of becoming a Doctor of Veterinary Medicine.

Reviewed by: Rafael Hular

Author pages:
Rafael “Raffy” L. Hular is, the Finance and Accounting Manager. of Digido Finance Corp., monitoring and controlling the flow of cash that comes in and out of the company to meet the company’s business needs, preparing the financial reports and analysis of income and expenses, and monitoring tax compliance.  Raffy loves reading Japanese comics called manga and watching Japanese animated cartoon series. He dreams of establishing his own Accounting and Auditing Firm and teaching in a University.