What exactly is your interest that is monthly price?
The month-to-month rate of interest on our loans varies from 1.25per cent вЂ“ 3.75% .
May I access an auto loan as an individual that is self-employed?
Must We have an income account with Union Bank to get into the car finance?
How do payday loans Delaware you discover how much i will be entitled to submit an application for?
Normally system suggested. Head into some of our branches and asked become scored to learn simply how much you be eligible for a
Exactly exactly just What portion of my earnings may be accessed as that loan from your own company?
This might be auto-calculated. Nevertheless, your repayment that is monthly cannot 33% of one’s wage.
We have a loan that is personal presently. At just exactly what point may I submit an application for a top up?
You might be qualified to receive a premier up after a couple of months
Do i want a letter of introduction from my manager before getting that loan?
Yes a page of introduction/undertaking is necessary from your own company
I will be a salary earner living outside Nigeria but We have a free account with Union Bank. Just how much loan could I get setting up a company?
You may get a loan that is personal going your wage to Union Bank. Please speak to your Relationship supervisor to learn more.
Can a client servicing a loan nevertheless get another loan
Yes, an individual could possibly get a top-up loan while servicing a current loan. To qualify, the client will need to have made at the very least 3 repayments without defaulting.
In case a customer loses their task after accessing that loan from your own company, can there be something that can be achieved to make certain payment continuity?
The insurance company covering the loan will make payment for a period of time usually 6 months if a customer loses their jobs after accessing our loans. During this time period, the consumer is anticipated to possess gotten another task to carry on payment.
Any kind of loan offerings for brand new clients by having an SME account in Union Bank?
Yes, you will find loans for our SME customers too.
If i’ve a superb loan and mayn’t repay due to Covid-19, can I apply for the next loan?
You can easily make an application for a restructuring or moratorium on the current loan to make certain that it really is doing.
Do you really accept re re re re payments in instalments?
What’s the requirements for agricultural loans?
Presently, we don’t provide loans that are agricultural people. You are able to nonetheless submit an application for a personal bank loan.
Just how can a salary is opened by me account?
Please go to any one of our branches to open up a income account
What’s the extent when it comes to payment of that loan with Union Bank?
This might be influenced by the mortgage loan and amount tenor required
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What is this Privacy Notice for?
Union Bank of Nigeria Plc (вЂњThe BankвЂќ) values your private information and now we are focused on protecting your privacy when you connect to us. Please look at this Privacy Notice (Notice) to know our policies, procedures and procedures about the processing of the individual information.
This Notice describes to you personally just just exactly just how your private information is gathered, utilized, handled and moved by Union Bank and in addition describes ways to upgrade us and exercise your rights to your Personal Data according associated with private Data offered to us.
The private Information that individuals 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 might additionally immediately gather some technical information whenever you go to our internet site such as for instance your internet protocol address, and information on your check out, for instance the pages which you viewed. These details assists us comprehend client passions and assists us enhance our web 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 web site, you consent to our utilization of Cookies in accordance with Union BankвЂ™s policies. To get more information regarding snacks, please read our Cookies Policy available through this website website website link.
Just just just What do we make use of your private Data for?
We might process your individual Data to keep in touch with you (including giving advertising or marketing materials for you), offer you more info about our items and just how we could provide you better, react to your purchase purchases or needs, procedure the job for work with Union Bank or even to fulfil our contractual responsibilities with you. We may additionally process your individual Data to comply with conditions of relevant legislation.
Exactly Just What Constitutes your Consent?
Where processing of private Data will be based upon permission, we will have the prerequisite permission at the full time of number of the private Data. In this respect, you consent to your processing of one’s private Data whenever you access our platforms, or utilize our services, content, features, technologies or functions provided on our internet site or any other electronic platforms. You can easily withdraw your permission whenever you want but withdrawal that is such maybe perhaps not impact the lawfulness of processing based on permission provided before its withdrawal.
Who do we share your private Data with?
We respect your privacy and now we limit disclosure of the private Data to parties that are third. We don’t offer, provide or trade any private Data that individuals get away from you to virtually any 3rd party for information mining or advertising purposes. But, we possibly may share your individual Data with companies involved by us to give you solutions to Union Bank at the mercy of appropriate information safety and security. We might additionally share your data where there was a regulatory or statutory responsibility to disclose such individual information in respect with conditions of relevant legislation.
Safety and Retention of the Personal Data
Your individual information is held personal therefore we remember to maintain your private Data secure, including restricting usage of your individual Data with us on a need to understand foundation. We need our staff and any parties that are third carry away any focus on our behalf to comply with appropriate protection requirements to safeguard your own personal information.
We simply take appropriate measures to make sure that your private Data is just prepared for the minimal period necessary in line aided by the purposes put down in this Notice or as needed by relevant legislation, until an occasion it’s not required or doesn’t have usage. As soon as your private Data is not any longer required, we destroy it in a safe and manner that is secure.
Your Legal Rights
Union Bank gathers private Data just for the purposes identified in this Policy and such information may not be reused for the next function that is incompatible aided by the purpose that is original.