Achieve Your New Car with Union Bank Auto Loan

Learn how to obtain financing with ease and speed with Union Bank.

Achieve Your New Car with Union Bank Auto Loan

Eligibility Requirements:

  • Age between 21 and 65 years old at loan maturity
  • Filipino nationality or foreigners married to Filipinos
  • Commercial entities such as corporations and partnerships are also eligible
  • Required documentation includes: IDs with signature (PhilID, Passport, Driver’s License, etc.)
  • Proof of address and income documents (pay stubs or income documents for self-employed individuals)

Loan application steps:

  • First: tap the button below
  • Calculate: Use the dream car calculator on the website to estimate your loan
  • Fill out the Form: Complete the online loan application form
  • Submit Documentation: Submit the necessary documents for analysis
  • Await Approval: Your application will be processed, and you will receive a prompt response
  • Finalize the Contract: After approval, sign the contract and complete the process

Frequently asked questions:

How long does it take to get approved for a Union Bank Auto Loan?

Approval typically occurs quickly, depending on the completeness of the documentation.

Is it required to explain why credit is being used?

No explanation of credit usage is required to obtain approval.

Do I need to have a good credit score to be approved for a Union Bank Auto Loan?

A good credit history is recommended to increase approval chances.

Can I apply for a loan if I am self-employed?

Yes, self-employed individuals can apply, provided they provide documents proving their income.