Union Bank – Loan details
Union Bank loans from ₦50,000 to ₦30,000,000 with flexible terms.
Loan amount
₦50K – ₦30.0M
Interest from
4.00%
Term
12 – 60 months
Approval
48 hours
Pros
- ✓ Over 100 years of banking in Nigeria
- ✓ Loans up to ₦10,000,000
- ✓ Quick USSD salary advance (*826#)
- ✓ CBN licensed and NDIC insured
- ✓ Large branch network nationwide
Cons
- ✗ Best rates require salary domiciliation
- ✗ Processing time 1-3 days for term loans
- ✗ May require collateral for larger amounts
Requirements
- Active Union Bank account
- Valid government-issued ID
- 3 recent payslips
- 6-month bank statement
- BVN
- Employment confirmation letter
Company information
Union Bank of Nigeria Plc
Stallion Plaza, 36 Marina, Lagos Island, Lagos
https://www.unionbankng.com
This document is for informational purposes only. Always verify current terms and conditions directly with the lender before signing any agreement. CoolFinance.com.ng is an independent comparison portal operated by double technology s.r.o., Czech Republic.