UnionBank Car Loan 2026
By Aditya AmanPublished Sep 28, 2026Editorial PolicyLives in the Philippines and has driven nearly every Luzon expressway with his family.UnionBank Auto Loan finances brand-new and second-hand cars and brand-new light trucks for individuals, foreign spouses of Filipinos, corporations and partnerships.
- Interest rate, brand new
- 6.00% to 25.80% add-on, 12 to 60 months
- Monthly on ₱1,000,000
- ₱20,967 over 60 months, about 9.4% a year
- Loan term
- 12, 18, 24, 36, 48 or 60 months
- Decision
- Up to 24 hours, or as fast as 5 minutes, depending on product and applicant
- Vehicles
- Brand-new or second-hand cars, or brand-new light trucks
UnionBank car loan calculator
Pick your car, down payment and term to see the monthly payment at UnionBank, the total interest, the one-time charges and what the car costs you in all, and how UnionBank compares with the cheapest bank for the same loan.
Example car, ₱1,250,000, 20% down, 60 months. Pick your car or type its price.
₱20,967a month
25.80% add-on for 60 months, about 9.4% a year
- Down payment
- ₱250,000
- Loan
- ₱1,000,000
- Total interest
- ₱258,000
- One-time charges
- Quoted on approval
- What the car costs you
- ₱1,508,000
Lowest monthly of 8 banks for this loan.
Pay overMonthlyTotal interest
Shorter terms cost more a month and less in total. Tap a term to use it above.
UnionBank car loan rates by term
UnionBank charges an add-on rate: one figure on the full loan for the whole term, so the rate rises with the term. UnionBank's table does not name the rate type; its rates rise with the term as add-on rates do.
| Car | 12 months | 18 months | 24 months | 36 months | 48 months | 60 months |
|---|---|---|---|---|---|---|
| Brand new | 6.00% | 8.35% | 10.74% | 15.63% | 20.65% | 25.80% |
| Monthly on ₱1,000,000, brand new | ₱88,333 | ₱60,194 | ₱46,142 | ₱32,119 | ₱25,135 | ₱20,967 |
Standard rates. Standard rates. The table does not say new or used.
UnionBank vs other banks
On the same ₱1,000,000 brand new car loan over 60 months, UnionBank costs ₱20,967 a month: the lowest of the banks we compare.
BankMore a month than the lowestMonthly
Who can get a UnionBank car loan
UnionBank's rules differ by how you earn. Pick yours.
- 21 to 65 years old; the FAQ also says the client must be 65 years old upon maturity
- Corporations and partnerships may apply
- Foreign nationals married to a Filipino may apply
UnionBank car loan requirements
Tick each document as you gather it, then print the list for your branch visit.
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How to apply for a UnionBank car loan
- Use Get a Quote or Apply Now on the auto loan pageOpen UnionBank's form
- UnionBank loans can also be applied for through partner dealers
UnionBank car loan fees and terms
What UnionBank charges beyond interest, and the rules after you sign. Your disclosure statement lists the full amount.
- Late payment
- 5% a month of the unpaid monthly installment; part of a month counts as a month
- Prepayment
- Full or partial on written request; you pay the balance plus interest computed on an annuity basis
- Default
- Missing any 3 consecutive monthly payments
- Collection charges
- Attorney's fees of 25% (at least ₱50,000) plus liquidated damages of 25% (at least ₱50,000)
- Chattel mortgage
- Borrower pays taxes, notarial and registration fees, and registers the mortgage with the LTO within 5 days
- Insurance
- Accident, theft, fire and Acts of God cover for at least the loan balance, with a loss payable clause; renew 30 days before expiry
- Rate change
- The balance can be adjusted upward if UnionBank's cost of money changes or Manila CPI rises at least 15%
- Cooling-off period
- 2 days from loan approval; processing and administrative fees may be collected if you cancel
- Account and payment
- Keep a UnionBank current or savings account while the loan runs; payments by auto-debit
- Vehicle use
- No conversion to taxi, for-hire or public utility use without UnionBank's written consent
- Rate validity
- UnionBank states rates may vary by application date; your accepted rate is only confirmed when you sign the Customer Acceptance Form (Quotation Form).
UnionBank car loan promos
- Until December 31, 2026₱5,000 off the chattel mortgage fee
For purchase-order loans of ₱1,000,000 to ₱20,000,000 with at least 20% down and a 12 to 60 month term.
UnionBank car loan hotline and contact
- 24-hour customer service
- (+632) 8841-8600
- PLDT domestic toll-free
- 1-800-1888-2277
- International toll-free
- +800-8277-2273
- Vehicle finance email
- vehiclefinance@unionbankph.com
- Auto loan promo email
- autoloan@unionbankph.com
- Application status checker
- UnionBank's application-status tools are shared across all its products, not auto-loan specific: the enrollment and account-opening status checkers at portal.unionbankph.com, or the Rafa chatbot at talk2rafa.unionbankph.com, using the reference number from your confirmation email.
UnionBank car loan questions
What is the UnionBank car loan interest rate?
UnionBank's brand new car loan rates run from 6.00% to 25.80% add-on, for 12 to 60 months. On ₱1,000,000 over 60 months that is ₱20,967 a month.
How long is UnionBank car loan approval?
Up to 24 hours, or as fast as 5 minutes, depending on product and applicant, once your documents are complete.
What are the requirements for a UnionBank car loan?
2 government-issued IDs with signature; Proof of billing address.
What is the car loan interest rate in UnionBank?
UnionBank's rate table runs from 6.00% at 12 months to 25.80% at 60 months (5.21% to 24.85% with One Month Advance). UnionBank does not say whether these are add-on or effective rates, and its FAQ page states rates can vary by application date, confirmed only when you sign the Customer Acceptance Form.
What are the requirements to get a loan from UnionBank?
You'll need 2 government-issued IDs, proof of billing, and income documents: a certificate of employment with 3 months' payslips if salaried (an ITR is skipped for loans under ₱3,000,000), or business registration papers and 2 years of audited financials if self-employed.
Does UnionBank have a car loan?
Yes. UnionBank Auto Loans finance brand-new or second-hand cars, or brand-new light trucks, over 12, 18, 24, 36, 48 or 60 month terms.
How do I calculate my car loan amount?
UnionBank advertises a dream car calculator on its Auto Loans page, but the linked page is only a contact form; it does not compute a monthly payment. Use UnionBank's stated rate table with your loan amount and term instead, or ask a branch for a quotation.
How can I check the status of my UnionBank auto loan application?
UnionBank does not have an auto-loan-specific tracker; use its shared application-status tools at portal.unionbankph.com or the Rafa chatbot at talk2rafa.unionbankph.com, with the reference number from your confirmation email.
Compare before you apply
Answer 5 questions to see the three car loans that fit you best, or check the requirements at every bank.
