Skip to main content

Featured Post

Enhancing Efficiency Through Delegated Authority – DepEd’s Revised Signing Policy for Foreign Travel

The Department of Education (DepEd) continues to streamline its administrative functions with the release of DepEd Order No. 018, s. 2024 , dated December 13, 2024. This order addresses the delegation of signing authority for foreign travel —a move aimed at improving operational efficiency and ensuring the seamless execution of DepEd’s mandates. Why Delegate Authority? In large organizations like DepEd, efficiency is key. The Revised Administrative Code and Republic Act No. 9155 empower the Secretary of Education to delegate authority to department officials. This framework allows the Department to: Optimize decision-making processes. Ensure swift approval of essential matters. Focus the Secretary’s attention on high-level priorities. The revised order updates the roles and responsibilities outlined in earlier directives, such as DepEd Order No. 1, s. 2023, and DepEd Order No. 15, s. 2024. Key Changes Introduced in the Order Delegation to Specific Officials by Hierarchy The order assig...
Post a Comment

💰 UnionBank Personal Loan Guide: What You Must Know Before You Apply 🏦📋

Applying for a UnionBank Personal Loan is a smart move if you’re looking to fund urgent needs, pay off debts, or take on personal projects. But don’t rush in unprepared—understanding the requirements and process will not only save you time but also increase your chances of approval.

💰 UnionBank Personal Loan Guide: What You Must Know Before You Apply 🏦📋

Let’s dive into the essential steps and criteria—explained from a borrower’s perspective—so you’re ready to apply with confidence.

📈 Do You Meet the Income Requirement? 💼

To qualify for a UnionBank Personal Loan, your annual income must be at least Php250,000. This income threshold helps the bank assess your ability to repay your loan responsibly.

Why does this matter? Because a stable and sufficient income means lower risk for the bank—and higher chances of approval for you. It also impacts your loanable amount, interest rates, and repayment terms.

If your income is below the minimum, consider building your financial credentials first or applying with another financial product that has a lower income requirement.

🪪 Have the Right ID Ready 📸

Before you can proceed, UnionBank requires a valid government-issued ID for identity verification. You’ll be asked to select the type of ID you’re using and to submit a photo of it. Here are important guidelines to follow:

  • The ID must be valid for at least 30 calendar days from your application date.

  • The photo must be clear, upright, and free from flash or glare.

  • Make sure your name matches the one you entered on your application form.

  • IDs with your home address are preferable, as they help verify your residence.

  • Avoid laminated IDs with photos glued or manually affixed—they are not accepted.

Examples of acceptable IDs include passport, UMID, driver’s license, and other Philippine government-issued IDs.

💳 Are You a Principal Credit Card Holder? ✅

Another key criterion for approval is your credit history. UnionBank requires that you be a principal credit cardholder for at least 3 months. This proves you have an established credit line and are familiar with managing monthly payments.

👉 Supplementary cards or debit cards won’t qualify you.

Being a principal cardholder demonstrates financial responsibility and helps UnionBank assess your creditworthiness. If you don’t currently have a credit card in your name, you might consider applying for one first and building your record for a few months before proceeding with a personal loan.

📊 Understand the Loan Terms and Rates 💼

UnionBank’s personal loan rates for new customers range between 25% to 36% per annum, with repayment periods of 1 to 5 years. But what does this actually mean?

Let’s break down an example to give you a clear picture:

If you borrow P200,000 on March 24, and your due date is every 12th of the month, and you repay it over 36 months at a 26.9% Annual Contractual Rate, here’s what you can expect:

  • Disbursement Fee: P1,750

  • Documentary Stamp Tax: P1,500

  • Effective Interest Rate: 31.22%

  • Total repayment amount: P296,394.86

⚠️ Your final loan rate may vary based on your credit review, especially if you're an existing UnionBank customer.

📱 Tips Before You Hit “Next” on Your Application ✅

Here’s what you should prepare:

  1. Your mobile number must start with +63 (Philippine international code).

  2. Ensure your ID photo is readable and correct-side-up.

  3. Be ready to verify your credit card ownership if applicable.

  4. Keep your income documents handy if further verification is required.

🎯 Final Thoughts: Is a UnionBank Personal Loan Right for You?

If you’re financially ready and meet the minimum requirements, a UnionBank Personal Loan can give you the flexibility and support you need. Just remember: every step of the application is designed to protect both your financial well-being and the bank’s trust in your ability to pay.

Prepare smartly, apply confidently, and manage your loan wisely. That’s the key to making this opportunity work in your favor.

Labels:

Comments

Post a Comment

Popular posts from this blog

BDO NETWORK BANK LOAN TABLE FOR TEACHERS (5 YEARS)

5-Year Term BDO Network Bank Loan Table For DepEd Teachers Another bank is willing to lend our dear teachers in the Department of Education an amount with a reasonable interest rates. The BDO Network Bank offers permanent teachers in DepEd a loan which is paid through Automatic Payroll Deduction System or APDS. How to apply for a Teacher's Loan? Simply visit the nearest BDO Network Bank Branch or Loan Officer and bring the following requirements: Original copy of the latest three (3) months payslips One (1) 1x1 ID picture and two (2) valid government-issued IDs Photocopy of the Letter of Appointment with original copy as presented to BDO Network personnel GSIS Index Practical and Affordable Loan up to P750,000 and enjoy low interest rate through APDS, for maximum loan term of 5 years. No late payment charges, no notarial fee, no pre-termination fee and no co-maker required Includes FREE Credit Life Insurance What is BDO Network Bank? BDO Network Bank (commonly known as BDO NB, fo...
Post a Comment
Read more

Here are the Submission Links and CRLA, RMA Assessment Tools

The Department of Education (DepEd) is kicking off the new school year with a focus on ensuring every child in Grades 1-3 gets the support they need to succeed. This exciting initiative involves the administration of the Rapid Mathematics Assessment (RMA) and the Comprehensive Literacy Assessment (CRLA) . Why are these assessments important? Early Identification: Identifying areas where students might need extra help allows teachers to tailor interventions early on, maximizing their learning potential. Targeted Support: The insights from these assessments will pinpoint specific skill gaps and pave the way for targeted support programs. No learner gets left behind! Championing Equity: Data gathered will provide a nationwide picture of student performance. This allows DepEd to focus resources and support on areas that need it most, promoting educational equity across the Philippines. When and How will the Assessments Take Place? Timeline: Assessments will be conducted nationwide bet...
Post a Comment
Read more

Free Download Editable DTR or Civil Service Form No. 48

For employees in both government and private sectors, keeping track of attendance and work hours is an essential administrative task. The Daily Time Record (DTR) or Civil Service Form No. 48 is a crucial document used to record an employee's daily work hours and absences. In an effort to streamline this process and assist hardworking professionals, we are pleased to offer a hassle-free solution. In this blog post, we provide a downloadable and editable DTR form that will simplify your record-keeping tasks, ultimately saving you valuable time and effort. Download this offline editable DTR. Download it first to edit.  ( To download this editable DTR, simply click the link above and when it opens in another window to show the DTR online format, click file at the upper left corner and click download on the drop down menu, then choose Microsoft Excel format ) Why is the DTR Form Important? The DTR form serves as an official record of an employee's attendance, leave credits, tardine...
Post a Comment
Read more

Understanding Grade Transmutation in DepEd

Understanding Grade Transmutation in DepEd In the Philippine education system, grade transmutation is the process of converting raw scores into equivalent grades. This ensures consistency and fairness when assessing student performance. DepEd follows specific guidelines for transmuting grades, allowing educators to evaluate students objectively. How Does Grade Transmutation Work? Initial Grades : Students receive raw scores (usually out of 100) for their assessments, exams, and projects. These initial grades serve as the basis for transmutation. Transmuted Grades : To convert initial grades into transmuted grades, DepEd uses a predefined scale. Let’s take a closer look at the scale: Table Initial Grade Range Transmuted Grade 100 100 98.40 – 99.99 99 96.80 – 98.39 98 … … 68.00 – 69.59 80 Below 68.00 60 Interpreting the Scale : For example, if a student scores between 98.40 and 99.99, their transmuted grade will be 99. Similarly, an initial grade of 85.60 – 87.19 corresponds to a transm...
Post a Comment
Read more

City Savings Bank Salary Loan Table

City Savings Salary Loan Table for DepEd Teachers City Savings Bank is one of the institutions that offers salary loan to DepEd teaching and non-teaching staff with  low interest rate and flexible term. What is good about City Savings Bank is you can call a loan ranger to facilitate your loan application. If you have internet connection, you can also avail of their online loan application. During this time of pandemic, you don't need to go to their branch to apply for a salary loan because the company is seeing to it that it's costumer's safety is addressed. Below are the frequently asked questions taken from their official website. 1. What are the requirements?          For New Loan Two (2) months latest payslips (current and previous month, original and photocopy) Duly accomplished Loan Application Form Three (3) Photocopies of DepEd and PRC IDs Two (2) Photocopies of Cedula Certified true copy of the Permanent Appointment (back to back) One Co-maker (mus...
2 comments
Read more