Guide on the Monthy Due for 90K Loan Under the UCPB Salary Loan
UCPB SALARY LOAN – Here is a guide on how much will be your monthly due if you will borrow Php 90,000.00 under the salary loan offer of the United Coconut Planters Bank.
Nowadays, a lot of people usually have to deal with very limited cash. In fact, some are already falling short of their monthly budget before the next payday arrives. The expenses now are soaring high and, most of the time, the monthly budget do not anymore fit the expenses.
However, there is nothing to really worry about. There are options that you may consider to obtain some cash whether it is for making ends meet or some personal goals. Truths be told that the lack of money is one of the common factors why a lot of goals are not achieved yet.
With regards to loans, you may turn to the United Coconut Planters Bank being one of the banks with multi-purpose loan offers. It is more commonly called as UCPB.
The said offer is the UCPB Salary Loan. To be eligible to apply for it, the applicant must be:
- a Filipino citizen
- a permanent resident in the Philippines
- not younger than 23 years old but not more than these ages upon the loan maturity depending on the source of income
- employed – 65 years old
- self-employed – 70 years old
- a holder of a checking account and a credit card
- employed or self-employed
With regards to how much you can borrow under this offer, the minimum loanable amount is Php 50,000.00. The maximum amount that you can borrow under it is Php 300,000.00.
How about if you will borrow Php 90,000.00, how much will be your monthly due under the UCPB Salary Loan?
Your monthly amortization will depend on your loan term. You may pay for the loan in 12, 18, 24, or 36 months. Here is a list of the indicative rates provided by UCPB:
- 12-Month Term – Php 8,931.00
- 18-Month Term – Php 6,431.00
- 24-Month Term – Php 5,271.00
- 36-Month Term – Php 4,021.00
Are you interest to apply for the said loan offer? For a guide, you may visit – UCPB PERSONAL LOAN: How To Apply For UCPB Personal Loan & Requirements Needed.
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