Union Bank Personal Loans in the Philippines

Union Bank is among the lender in the Philippines offering affordable loans. You can request Union bank personal loan at an interest rate of 0.66 %-1.8% monthly. Let’s dive in and learn more about the firm’s loan.

How to pay Digido loan via Union Bank

There are 2 ways to pay the Digido Loan via Union Bank:

Mode 1: Online banking of Union Bank

If you have an account with Union Bank, and wish to pay via Debit-To-Account, fill-out the Account Number field in the upper right-hand portion of the form.

Step 1
Log in to your UnionBank Online Banking account at online.unionbankph.com or downloading the APP.

Step 2
In the main menu, click Pay Bills and then click on the Select Biller button.

Step 3
In the Biller List tab, search and select Digido.

Step 4
Enter your LIFETIME ID and click Next button.

Get Lifetime ID

Step 5
Select the account you want to pay  and fill out your amount to be paid and date.

Step 6
Review the payment details and click Pay.

Step 7
You will receive a confirmation that your payment was successful.

Mode 2: Over-the-counter of Union Bank

This method is suitable even for those who are not customers of UnionBank. To do this you need to visit one of the offices of UnionBank.

Step 1
Proceed to any UnionBank Branch.

Step 2
Fill-out a Bills Payment (as shown in the picture below) in duplicate copies. Once validated by the Teller, you will be given the duplicate copy plus a Transaction Receipt.

Step 3
Segregate CHECK in CASH payments. For check payments, indicate the Drawee Bank/Branch and the check number; For cash payments, indicate denomination and number of bills.

Step 4
If you have an account with Union Bank, and wish to pay via Debit-To-Account, fill-out the Account Number field in the upper right-hand portion of the form.

Alternative for Union Bank Personal Loan

If your loan request at the bank has been declined, there no need to worry. There is an alternative way to get an instant cash loan. One of the platforms that offer instant loans is Digido. The firm has been a renowned financial institution in the Philippines and offers the online loan. Hence, you can request the funds  anytime through your SmartPhone. Digido offers loans at an low interest rate, in line with the loan requested, and the loan tenure ranges 7-30 days. That gives you time to settle the loan without straining financially. Filipinos love the platform because they offer a minimum loan of PHP 10,000 and a maximum amount of PHP 25,000.

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

Benefits of Digido

  • The firm uses an automated system that eliminates human errors and biases.
  • The funds are generic and can be used for any project, unlike bank loans.
  • Digido offers unsecured loans with minimal documentation, and your credit score is not needed.
  • The company provides a 24/7 service; thus, one can request a loan during ungodly hours or move.
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.

Apply now

About Union Bank

Before we get to personal loans in the bank, let’s take a trip down memory lane to see how the mega-firm came to be.

The Union Bank of the Philippines, Inc, also referred to as UnionBank, was founded in 1968 in Milan. However, in the beginning, it was known as Union Savings Mortgage Bank and became a commercial bank in 1982. And in 1992, the company was given a license to operate as a universal bank. The bank has grown to become one of the top 10 universal banks over the years. That’s not all; it’s also known as the largest universal bank in the Philippines, having high profitability, solvency, liquidity, and efficiency performance ratio. The bank has even partnered with Insular Life, Social Security System, and Aboitiz Group.

What makes the bank one of the reliable lenders among the Filipinos is that the firm embraces online banking. This has given Filipinos’ a chance to bank and request loans at the comfort of their homes. That explains the various awards they have received in the last three years. The awards included Best Digital Bank Philippines, Bank of the Year, Best Universal Bank, Domestic Retail Bank of the Year Philippines, among others.

Types of Union Bank Loans

Union Bank understands your needs, and for this reason, they offer different types of personal quick loans. That’s not all. They present you with a flexible loan repayment plan, and you can request funds between PHP 1000- PHP 5000,000.
Additionally, Union bank’s loan interest rate is at 0.66%-1.8% per month, and the loan tenure takes 240 months. However, this depends on the loan amount and the agreement’s terms; once the loan request has been evaluated, it is approved within 5 business working days.

Here is a breakdown of the various personal loans Union Bank offers in the Philippines. Each product package comes with its terms and conditions. Let’s see how each loan works.

Auto loans

Have you thought of purchasing a car and luck with the funds to do so? Well, the answer to this is Union bank auto loan lite. The loan covers the expense of purchasing a brand new or second hand with ease. The bank makes a down payment of 20% of the initial price, making it ideal for acquiring a vehicle in the Philippines. Thus Union Bank of the Philippines car loan is the best option for acquiring the asset.
On the other hand, the Union bank auto loan rates are spread equitably to make it sustainable. One can request an auto loan between PHP 500 000- PHP 5 000 000, and the tenure is 12 to 60 months, depending on the terms of the agreement. Moreover, the loan is approved within 24 hours without any delays.


Before the auto loan is approved, certain parameters need to be met. The union bank car loan requirements include:

– One must be employed or self-employed and for a period of 1 and 2 years respectively.
– The applicant should be earning a total of PHP 50,000 monthly to be considered eligible.
– You have to be between the ages of 21 to 65 to qualify.
– The applicant must be a Philippine citizen.

Union bank auto loan rates have been distributed effectively. Here are the rates and how they have been spread:

Interest for Fixed Period interest 
1 Year 6.56%
1 ½ Years 9.19%
2 Years 12.14%
3 Years 18.18%
4 Years 24.72%
5 Years 31.76%

Home loans

Union bank housing loan in the Philippines is the best option if you’re looking for mortgage financing. The bank approves a minimum loan amount of PHP 500,000, and the maximum loan limit is up to 80% of the asset value. That’s a sweet deal you can’t miss out on when looking for a house to purchase in the Philippines.
Additionally, one has a loan tenure of 1 to 20 years. Once your home loan request has been approved, you’ll receive the funds within 5 business working days.


Union bank home loan requirements are:

– You have to be between the ages of 21-60 years and a Philippine Citizen.
– One has to be self-employed for 2 years or employed to be considered eligible.
– The value of the property in question has to be stated before the bank finances the asset.
– The firm needs property documents to prove the assert is legal.
– A Conditional Cash Transfer (CCT) cover is needed if you’re a foreign national purchasing a property.


Union bank home loan rates are 8%-10% annually, making the loan sustainable. Plus, one has a maximum of 20 years to clear the debt. Though, the loan tenure depends on the value of the property financed. We recommend using an online loan calculator to find the interest charged on principle.

Union bank salary loan

Are you in search of a salary advance to take care of bills? Well, salary loan in Union bank is the best option. Filipinos subscribe to this service because the firm informs them via text or email if they are eligible for the funds.

Moreover, union bank online loan application makes it easier for their clients to access the fund. That’s regardless of the location one is; as long as you have an internet connection, your good to go. The Union bank salary loan interest rate stands at 0.83% per month, and the loan tenure has a maximum of 12 months. The amount you can request ranges  PHP 10,000 to PHP 250,000. However, the service is only available for salaried individuals, and the cash is approved within 24 hours.


Union bank quick salary loan requirements include the following:

– One must be a Philippine Citizen to considered eligible.
– One must be a customer for the last six months.
– You should be between the ages of 21-60 for the funds to be approved.
– Must have a minimum gross monthly income of PHP 15,000 for employed and PHP 30,000 for self-employed.


Union quick salary has an interest rate of 0.83% per month. The financial institution gives one 50% of their net salary in advance.


  • Is Union Bank Philippines a good bank?
    Union Bank of the Philippines was recently acclaimed as the Philippines' Best Bank for SMEs, by Asiamoney.
  • How can I open a Union Bank account in the Philippines?
    You can open an account through the app without going to the bank. Choose a variety of savings account. Request for a Card and have it delivered. Activate your card instantly through the app.
  • Does Union Bank charge for transfers?
    There is no fee for transferring funds between your accounts and to other accounts at UnionBank. However, when transferring to an account at another bank, an outgoing transfer fee of Php 10 is charged.

Union bank online loan application

Union bank is one of the financial institutions that have embraced digital banking. Instead of heading to the bank to request a Union bank quick loan, you visit the official site. Here is the application procedure.

Step 1
The first step is vesting the officials site. Though you can download the online app for your Android or iOS device and continue with the loan application.

Step 2
Once at the site, go to the home page and click the button “You qualify for a loan” The button then takes you to the online forms. Ensure you key invalid information to increase the chance of your loan approval. Plus, remember to attach and the relevant documents as well before submitting it.

Step 3
The loan application will be evaluated by the firm, to ensure you meet all the requirements before it is approved. If the firm finds you eligible, the funds shall be sent to the respective account.

Who does not fit Union Bank Personal Loan?

Have you requested for a loan at Union Bank the request decline? This leaves one with a lot of questions. This is because quick loans are for pre-qualified Union Bank roll account holders only. The rest can’t get access to this credit. Though that is one reason, here are other reasons why the bank might decline your loan request.

  1. If you haven’t banked with the institution for the last six months, your loan request will be declined.
  2. If one lacks a steady income, their loan request shall be declined.
  3. If the person has a poor credit score or outstanding debt, the bank’s loan request is declined.
  4. Having submitted incomplete forms renders your loan application null and void.

This is why Digido is a great alternative to a loan at UnionBank.

Apply now

Digido Reviews

  • Honeyleth
    Very quick and less interest. Keep up the good job. Helps a lot.
  • Sam
    I loved RoboCash not just the app but for the whole experienced that I had in applying for a loan. Hassle free and loan disbursement is as quick counting 1-2-3.
  • Niyell
    Customer Service agents are courteous and polite. They extend assistance to resolve issues.
  • Erica
    I tried Robocash out of curiosity. To cut to the chase, Robocash is ideal for "petsa de peligro" days. It's almost payday but also your bills is on due date because they have short payment terms (I was given 7 days term for my first loan). You can get approved as fast as 30mins and the loan will reflect immediately.
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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.