REALIZE YOUR DREAMS: UNIONBANK LAUNCHES FASTEST PROCESSING OF PERSONAL LOANS

Union Bank of the Philippines continues to raise the bar in digital innovation with the launch of its enhanced Personal Loan facility.

- By CECILE J. BALTASAR

With this upgraded feature, qualified borrowers may receive cash disbursement in as fast as five minutes from loan approval—the quickest turnaround among traditional banks in the Philippines.

This fully digital loan process is designed specifically for customers who require fast, simple, secure, and flexible financing—perfect for life’s major milestones, such as home renovations, pursuing passion projects, and more.

Eligible borrowers can apply for personal loans of up to Php 2 million without the need for collateral or guarantors. Repayment terms are flexible, with options of up to five years.

"This is what we mean when we say that we want to redefine banking expectations," says Mukul Sukhani, UnionBank Executive Vice President and Cards and Consumer Loans Head. "Our processes are tailored for the customer’s convenience and less about everything else."

A TECHNOLOGY-ENHANCED EXPERIENCE