1. Individuals
2. At least 21 years old; must not be older than 65 years old upon loan maturity
3. Filipino national/resident
4. Resides and/or works within Metro Manila, Cebu, Rizal, Cavite, Laguna, Pampanga, Bulacan, Batangas, Iloilo, Davao Del Sur, Bacolod City, Alaminos City, Dagupan City, Cabanatuan City, San Jose City, Cagayan De Oro City, Lucena City, Tarlac City, Albay, Dumaguete City, Cauayan City, Santiago City, Tagbilaran City, San Fernando City, Puerto Princesa City, Tuguegarao City, Bacolod City, Baguio City.
5. Receives a minimum gross monthly income of PHP 20,000
6. If employed, must be tenured for at least 6 months
7. If self-employed, business must be in operations for at least 2 years

No, you don’t need a bank account or credit card from other banks to apply for an #UNOnow loan.

1. Open the UNO Mobile App
2. Tap JOIN UNO on the login page
3. Provide a valid PH mobile number and email address and verify the mobile number via One Time Pin (OTP)
4. Select #UNOnow in the product selection screen
5. Capture a valid government issued ID
   
   • Philsys National ID
   • ePhilID 
   • Philippines Passport
   • Driver’s License
   • Unified Multi-Purpose ID (UMID)
   • Social Security System (SSS) ID
   • Professional Regulation Commission (PRC) ID
6. Perform the Selfie Check steps and provide your personal information
7. Review your loan application and submit it for credit evaluation
8. Once submitted, your application will be reviewed and processed. Your application will be endorsed to a third-party service provider for residence verification.
9. If approved, you will be asked to either accept or decline the loan offer. Once accepted, the loan proceeds will be available for drawdown and an email with the loan contract and details will be sent to you.
10. Disbursed loan amount can be withdrawn via Send Money in the UNO mobile application

If you are an existing customer of UNO (which means you already have an #UNOready Savings Account), you can apply for a loan by following below steps:

1. Log in to the UNO Mobile App
2. Go to the Loans Dashboard
3. Tap Apply
4. Provide additional information
5. Review your loan application and submit for evaluation by tapping the Confirm button in the Summary Screen
6. Once submitted, your application will be reviewed and processed. Your application will be endorsed to a third-party service provider for residence verification.
7. If approved, you will be asked to either accept or decline the loan offer. Once accepted, the loan proceeds will be available for drawdown and an email with loan contract and details will be sent to you.

Employed Requirements:

1. Valid ID
2. Choose one set below:
   • Payroll Bank Statement (PBS) AND either a Payslip or a Certificate of Employment (COE)
   • Bank Statement (Latest one month) with an average balance of Php10,000
   • Credit Card Statement of Account (SOA) (Latest one month) with a minimum loan/limit/line of Php25,000
   • Latest insurance premium receipts (PruLife, Sunlife of Canada, Allianz PND Life, BDO Life, AXA Philippines, FWD Life, Manulife, BPI-AIA, Insular Life, EastWest Aegeas/Troo, Sunlife Grepa, Coco Life, Etiqa, Generali, Fortune) with an annualized insurance premium of at least Php25,000

Self-employed requirements:

1. Valid ID
2. Either one of the following: DTI Registration, Mayor’s Permit, or Barangay Permit
3. Choose one set below:
   • Either an Income Tax Return (BIR Form 1701) or Audited Financial Statement (AFS) AND a Bank Statement (Latest 1 Month) with an average balance of Php10,000
   • Credit Card Statement of Account (SOA) (Latest 1 Month) with a minimum loan/limit/line of Php25,000
   • Latest Insurance Premium Receipts (PruLife, Sunlife of Canada, Allianz PND Life, BDO Life, AXA Philippines, FWD Life, Manulife, BPI-AIA, Insular Life, EastWest Aegeas/Troo, Sunlife Grepa, Coco Life, Etiqa, Generali, Fortune) with an annualized insurance premium of at least Php25,000

UNO offers loans between PHP 15,000 to PHP 500,000 with repayment tenors ranging from 6 to 60 months.

You can get as low as a monthly add on rate of 1.79% (Corresponds to annual contractual rates or annual percentage rates ranging from 35.78% to 37.54%, depending on the loan tenor).

Monthly Add-on Rate is the process of calculating how much interest will ultimately need to be paid on a loan. The principal amount plus interest is divided by the number of months in the duration of the loan term to arrive at the amount of the monthly loan payment.

1. Processing Fee – 3% of the loan amount or PHP 500 whichever is higher, to be deducted from the loan proceeds
2. Documentary Stamp Tax (DST) – PHP 1.50 for every PHP 200.00, or fractional part thereof, of the loan amount, and shall also be deducted from loan proceeds prior to release, when applicable.
3. Late Payment Fee – 5% of unpaid installment or PHP 500 whichever is higher
4. Loan Pre-termination Processing Fee – 3% of unbilled amount or PHP 300 whichever is higher (applicable on loans > 30 days; none on loans < 30 days)

Application processing is straight-through which means that you get the result of the credit evaluation fast. However, should there be a need for other documents and further checks, you can see the status when you enter the UNO Mobile App or you will be notified via SMS.

It is the amount that must be paid on the Due Date based on the Amortization/Payment Schedule provided to you. For the first payment due date, charging of the principal is deferred, so the Amount Due shall only be the Initial Interest or interest accrued from the time the loan proceeds are disbursed until the first due date. This Initial Interest will be collected from you due to the longer period to repay the principal. In case of past due, the Amount Due may consist of all unpaid monthly installments, late payment fees and other applicable charges.

UNO conducts reprocessing and reconsideration of previously declined applications. Hence, there is no need to be surprised if you received a message that your application is declined and you still got visited by a credit verifier.

You may reapply after 3 months.

• For new-to-bank customers – you need to click JOIN UNO, enter your mobile number and OTP, accept the offer and follow the instructions in the app.
• For existing-to-bank customers – go to the Loans Tab, click the Apply Now button, accept the offer and follow the instructions in the app.

You will receive a DocuSign link via your registered email. When clicked, the link will take you to a digital copy of your loan agreement. You need to digitally sign the document and click Finish to complete the signing process. Once completed, the document will go back to UNO and the bank can proceed with the manual crediting of your loan proceeds to your savings account within 3-5 banking days.

There is no need to download and print/send the document back to UNO. When you click Finish after signing the document, the loan agreement will automatically go back to UNO.

You may call our Customer Happiness Team to inform us that payment is not yet debited. You may also just keep the payment intact as UNO will retry to debit your account for the monthly payment of your loan.

You can transfer funds to your #UNOready savings account via QRPH scan, InstaPay, or PESOnet from your other e-wallets or bank accounts . Your ADA will be automatically activated and your existing balance will be used to pay off your current monthly amortization.

Yes, you may fully repay your total loan outstanding and you can do so by first contacting UNO’s Customer Happiness Team via the in-app messaging inbox feature in the UNO Digital Bank Mobile App. Please note that a Pre-termination Processing Fee will be charged as follows: 3% of unbilled amount or minimum PHP 300 whichever is higher. 

Your installment due date will be based on Salary Frequency and Salary Credit Date that you declared during your loan application:

• Salary/Income once a month: 1 to 30/31; installment due date will be set 1 day after salary credit date, but for dates 29, 30 and 31 it will be automatically set to every 2nd day of the month
• Salary/Income twice a month:
  
  • 1st and 16th – installment due date will be set on the 17th
  • 5th and 20th – installment due date will be set on the 21st
  • 10th and 25th – installment due date will be set on the 26th
  • 15th and 30th – installment due date will be set on the 2nd

If the Loan Details screen is not visible, you can always refer to your amortization schedule for the payment amount and payment due date. Likewise, you will receive a payment reminder informing you of these details.

• Loan Agreement / Terms and Conditions
• Promissory Note
• Disclosure Statement
• Loan Amortization Schedule

The file is password-protected, and you need to enter the default password. Please follow the email instructions to open the document.