Union Bank – loan application
Screenshot of https://www.unionbankng.com, operated by: Union Bank of Nigeria Plc, used under legitimate licence.
Contact
Company
Union Bank of Nigeria Plc
Address
Stallion Plaza, 36 Marina, Lagos Island, Lagos
Website
https://www.unionbankng.com
Union Bank – repayment table
Estimated monthly repayments at 4.00% monthly interest. Actual terms confirmed upon approval.
| Amount \ Term | 12 months | 18 months | 24 months |
|---|---|---|---|
| ₦500,000 | ₦61,667 | ₦47,778 | ₦40,833 |
| ₦1,000,000 | ₦123,333 | ₦95,556 | ₦81,667 |
| ₦1,500,000 | ₦185,000 | ₦143,333 | ₦122,500 |
| ₦2,000,000 | ₦246,667 | ₦191,111 | ₦163,333 |
| ₦2,500,000 | ₦308,333 | ₦238,889 | ₦204,167 |
| ₦3,000,000 | ₦370,000 | ₦286,667 | ₦245,000 |
Representative example
Loan amount
₦275,000
Repayment term
12 months
Monthly interest
4.00%
Monthly repayment
₦33,917
Total interest costs
₦132,000
Total amount payable
₦407,000
* Example is for illustration only. Actual terms are confirmed upon loan approval.
Quick overview
Loan amount
₦50K – ₦30.0M
Term
12 – 60 months
Interest from
4.00%
Approval
48 hours
Age
18+ years
Online application
Yes
Requirements
- ✓ Active Union Bank account
- ✓ Valid government-issued ID
- ✓ 3 recent payslips
- ✓ 6-month bank statement
- ✓ BVN
- ✓ Employment confirmation letter
Loan features
- Personal and salary advance loans
- Loans from ₦100,000 to ₦10,000,000
- Terms up to 48 months
- Interest from 4% per month
- UnionMobile app and USSD *826# access
- CBN licensed
Ready to apply?
Go to official Union Bank website ad