Guide on UnionBank Auto Loans Features & Application

UNIONBANK AUTO LOANS – The UnionBank Philippines is ready to help turn your dream car into a realitty through its amazing loan offer.

Having a car is not only cool. It brings a lot of advantages on the part of the owner that’s why a lot of people really took the extra mile to have one. Nowadays, you do not have to wait for years to be able to save money for a car purchase. There are entities that are ready to help you out.

In the Philippines, one of the car loan providers with a reputable name is the UnionBank. It is one of the most popular and trusted banking entities in the country with several offers.

The UnionBank offers include both personal and business finance products and services. The offers encompass different types of deposit accounts, debit cards, loans, investment products, wealth-growing opportunities, and a lot more.

Among the loans offered by the reputable banking entity are the UnionBank Auto Loans. Its vehicle loan offers can finance the purchase of any of the following:

• brand new cars
• second hand cars
• brand new light trucks

Under the loan offer, a client may borrow at least Php 200,000 up to an equivalent of 80% of the selling price of the vehicle. The loan is payable in 12, 18, 24, 36, 48, or 60 monthly installments.

With regards to the interest rates under the UnionBank Auto Loans, the rates may vary depending on the loan term and whether you are paying a standard payment or with a one (1) month advance. Here is a guide on the interest rates implemented by the bank:

The UnionBank Auto Loan offers are open not only for individual applications but as well as partnerships and corporations that want to apply for the loan offer. There are varying qualifications and documentary requirements for application.