UnionBank says digital loan process now faster, more flexible
UnionBank on Thursday announced faster and more flexible processes for its personal digital loans.
According to a statement, the UnionBank Personal Loan will allow for borrowers to access up to P2 million with no collateral or guarantor for immediate cash disbursement upon approval.
"[W]e're offering not just speed, but a seamless, empowering experience to help customers achieve their dreams faster,' said UnionBank cards and consumer loans head Mukul Sukhani.
The bank added that it will be offering borrowers with flexible repayment terms up to five years, with payment plans tailored to their budget and lifestyle.
The loaning process is fully accessible through UnionBank's online platform, where loaners can submit documents, track their application status, and receive bank approval without any need for branch visits — Jiselle Anne C. Casucian/BM, GMA Integrated News
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