Personal loan ยท UCPB
UCPB YES Loan
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Give your workforce more flexibility over their finances with UCPB Yes Salary Loan. Tons of benefits await such as higher loanable amount with special rates and flexible payment schemes ranging from 12, 18, and up to 36 months at a very competitive interest rates per annum.
eCompareMo lets you compare all the personal loan rates available on the market to help you find the best one for your needs.
You can also check out other UCPB Loan products here.
Highlights
- In dire need of a salary loan within 5 days of up to PHP1,000,000? Then apply now for a UCPB Salary Loan and get friendly payment terms of up to 3 years. If you’re within Metro Manila and earning PHP300,000.00 annually or from the Province earning PHP180,000.00 and want to borrow an amount between PHP50,000 and PHP1,000,000, then apply now for a UCPB Salary Loan.
Overview
| Loan amount | ₱50,000 to ₱1,000,000 |
|---|---|
| Loan term | 12 to 36 months |
| Interest | 1.59% to 1.69% a month |
| Minimum annual income | ₱300,000 |
| Age | 23 to 70 years old |
| Work | Employed, Self-employed, Professional |
| Processing time | 5-7 days |
| Early repayment | Allowed |
| Admin fee | PHP1,500.00 processing fee to be deducted from loan proceeds |
| Late payment | 5% per month of the total amount due |
| Collateral | NO |
| Requirements | Should be a current account holder |
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Frequently asked questions
What are the required documents to apply for a UCPB personal loan?
- Fully-accomplished UCPB YES Loan application form
- Photocopy of two (2) photo-bearing government-issued IDs
- Photocopy of latest 2 months credit card billing statement
- Photocopy of latest Utility Bill for proof of residence
For employed:
- Photocopy of company ID
- Latest one month pay slip
- Latest Income Tax Return (ITR) Form 2316 or Latest ITR / BIR Form 2316
For self-employed:
- Two (2) years latest audited financial statements and ITR
- Business registration documents (SEC for corporations and DTI for sole proprietors) and permits
- Photocopy of checking account statements for the last 6 months
What are the modes of payment?
- You need to issue post-dated checks with equal monthly installments.
What are the eligibility requirements for a UCPB personal loan application?
In order to qualify for a UCPB Y.E.S. Loan, the following eligibility criteria must be met:
- The loan applicant is a Filipino citizen and a permanent resident in the Philippines
- At least 23 years old or not older than 65 years old (70 years old if self-employed) upon loan maturity
- The applicant is a checking account holder and a major credit card holder
- Applicant is a permanent employee for at least 2 years with a supervisory rank and a minimum gross monthly income of PHP25,000.00 for Metro Manila and PHP15,000.00 for Provincial areas.
- If self-employed, business must be operational for at least 3 years and profitable for the last 2 years
How do I claim my UCPB personal loan proceeds?
- Your loan will be deposited through UCPB account or manager's check.