Monday, January 30, 2023

UnionBank Auto Loan – How Much Is the Required Income in Applying?

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Guide on How Much is the Required Income Under UnionBank Auto Loan

UNIONBANK AUTO LOAN – Here is a guide on how much is the required income in applying for the car loan offer of UnionBank.

Most likely, every person has his or her own “dream car”. It need not to be really a luxurious car or a brand new one as long as it has the capacity to drive you to your destination safely and comfortably.

However, truth be told that not everyone can purchase a car right away. It needs a huge amount of cash depending on whether it is brand new or pre-owned, its model and brand, its special features, etc.

Meanwhile, nowadays, there are several options you may consider in getting your dream car. You may apply for a loan like the UnionBank Auto Loan offer.

UnionBank Auto Loan

Just like in other loan offers, the bank has set eligibility qualifications under the UnionBank Auto Loan offer. To be eligible to apply for it, based on an article on eCompare Mo, the applicant must be:

  • between 21 to 65 years old
  • employed in a private or government sector for at least a year;
  • self-employed for at least two (2) years; or
  • practicing the same profession for at least two (2) years already

Is there a required income in applying for UnionBank Auto Loan?

Based on the article, there is a minimum required income in applying for the said UnionBank loan offer. The applicant must be earning at least Php 50,000.00 monthly or Php 600,000.00 annually.

Do you want to apply for the said loan offer? You may do it online. For a simple step-by-step guide, you may visit – UNIONBANK AUTO LOAN – How To Apply For UnionBank Auto Loan Online.

Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.

READ ALSO: UNIONBANK LOANS – Full List of the Loan Offers of UnionBank


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