Faq’s
What’s your month-to-month interest price?
The interest that is monthly on our loans varies from 1.25per cent – 3.75% .
May I access an auto loan being a self-employed person?
Must i’ve an income account with Union Bank to get into the car finance?
Just how do I discover how much i will be entitled to make an application for?
It’s usually system recommended. Head into any one of our branches and asked become scored to understand exactly how much you be eligible for
Just just What portion of my earnings could be accessed as that loan from your own company?
It is auto-calculated. But, your repayment that is monthly cannot 33% of the wage.
We have a personal bank loan operating presently. At exactly exactly what point may I submit an application for a top up?
You will be qualified to receive a high up after a few months
Do a letter is needed by me of introduction from my manager before getting that loan?
Yes a page of introduction/undertaking is necessary from your own boss
I will be a salary earner living outside Nigeria but We have a free account with Union Bank. Just how much loan am I able to get to best payday loans in Idaho create up a small business?
You could get a unsecured loan by going your income to Union Bank. Please speak to your Relationship supervisor to find out more.
Can a person servicing a loan nevertheless get another loan
Yes, a person will get a top-up loan while servicing a current loan. To qualify, the consumer should have made at the very least 3 repayments without defaulting.
In case a customer loses their work after accessing that loan from your own company, can there be something that can be achieved to make certain payment continuity?
If an individual loses their jobs after accessing our loans, the insurance coverage business within the loan is likely to make repayment for some time frequently six months. During this time period, the client is anticipated to own gotten another work to keep payment.
What are the loan offerings for brand new clients by having an SME account in Union Bank?
Yes, you can find loans for our SME customers too.
If i’ve a superb loan and mightn’t pay off due to Covid-19, can I apply for the next loan?
You are able to make an application for a restructuring or moratorium in your current loan to make sure that it really is doing.
Would you accept re re re payments in instalments?
What’s the requirements for agricultural loans?
Presently, we try not to provide agricultural loans to people. It is possible to nonetheless make an application for a loan that is personal.
Just how can a salary is opened by me account?
Please go to some of our branches to start a income account
What’s the extent for the payment of that loan with Union Bank?
This is certainly influenced by the mortgage loan and amount tenor required
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Privacy Overview
What’s this Privacy Notice for?
Union Bank of Nigeria Plc (“The Bank”) values your private information and now we are devoted to protecting your privacy when you connect to us. Please read this Privacy Notice (Notice) to know our policies, procedures and procedures in connection with processing of the data that are personal.
This Notice describes for you exactly exactly exactly just how your private information is gathered, utilized, handled and moved by Union Bank as well as explains tips on how to upgrade your private Data with us and do exercises your legal rights according associated with private Data offered to us.
The private Information that people Collect
We gather Personal Data with us, request for further information about our products, fill a form, apply for a job through our website, or subscribe to newsletters on our website that you give to us; for example, when you create an account.
We possibly may additionally immediately gather some technical information whenever you go to our internet site such as for example your internet protocol address, and information on your check out, like the pages which you viewed. These details assists us comprehend consumer passions helping us enhance our internet site. You look at, and a short text file called a cookie, are downloaded to your computer when you visit our site, the pages that. By using and visiting our internet site, you accept our utilization of Cookies consistent with Union Bank’s policies. To get more information regarding snacks, please read our Cookies Policy available through this website link.
just just just What do we make use of your private Data for?
We might process your individual Data to talk to you (including giving advertising or marketing materials to you personally), offer you more information about our items and just how we could provide you better, answer your purchase requests or demands, procedure the job for work with Union Bank or even fulfil our contractual responsibilities with you. We might additionally process your private Data to comply with conditions of relevant guidelines.
Exactly Exactly What Constitutes your Permission?
Where processing of private Data is dependent on permission, we will have the consent that is requisite the full time of collection of the private Data. In this regard, you consent towards the processing of one’s private Data once you access our platforms, or make use of our services, content, features, technologies or functions provided on our site or other electronic platforms. It is possible to withdraw your permission whenever you want but such withdrawal will perhaps perhaps perhaps perhaps not impact the lawfulness of processing based on consent provided before its withdrawal.
That do we share your private Data with?
We respect your privacy therefore we restrict disclosure of one’s private Data to parties that are third. We usually do not offer, provide or trade any private Data that people get away from you to your 3rd party for information mining or marketing purposes. But, we might share service providers to your Personal Data involved by us to give you solutions to Union Bank susceptible to appropriate information safety and security. We might additionally share your data where there is certainly a regulatory or obligation that is statutory disclose such individual information in conformity with conditions of relevant legislation.
Protection and Retention of one’s Personal Data
Your individual information is held personal and then we remember to keep your private Data secure, including limiting usage of your individual Data with us on a necessity to understand foundation. We require our staff and any parties that are third carry away any focus on our behalf to conform to appropriate safety requirements to safeguard your individual information.
We simply simply take appropriate measures to make sure that your individual Data is just prepared when it comes to period that is minimum in line using the purposes lay out in this Notice or as needed by relevant regulations, until an occasion it really is not required or doesn’t have usage. As soon as your private Data is not any longer required, we destroy it in a secure and manner that is secure.
Your Liberties
Union Bank gathers private Data just for the purposes identified in this Policy and such information can not be reused for the next function that is incompatible because of the original function.