UnionBank unveils fully digital personal loan application process

Loans can be provided in as fast as 5 minutes upon approval.

UnionBank of the Philippines has launched a fully digital loan process for personal loans.

Borrowers can access up to PHP2m (around $35,900) 6with no collateral or guarantor required, the Philippine bank said in a press release.

Loans can be provided in as fast as 5 minutes upon approval.

It offers flexible repayment terms of up to 5 years.

From loan application to approval, the UnionBank Personal Loan is fully accessible online. Customers can submit documents, track their application status, and receive approval through the bank’s digital platforms.

(US$1 = PHP55.63; as of 22 May 2025, Google)