Can a person servicing a loan nevertheless get another loan

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 consumer will need to have made at the least 3 repayments without defaulting.

In case a customer loses their work after acceing that loan from your own company, can there be something that can be achieved to make sure 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 acceing our loans. During this time period, the client is anticipated to own gotten another task to keep payment.

Any kind of loan offerings for brand new clients with an SME account in Union Bank?

Yes, you will find loans for our SME customers too.

If i’ve a superb loan and mightn’t pay off because of , could I submit an application for another loan?

You are able to submit an application for a restructuring or moratorium on the existing loan to make certain that it really is doing.

Can you accept payments in instalments?

What’s the requirements for agricultural loans?

Presently, we don’t provide agricultural loans to people. You are able to but make an application for a loan that is personal.

How do I open an income account?

Please check out any one of our branches to start an income account

What’s the timeframe when it comes to payment of that loan with Union Bank?

This might be influenced by the mortgage loan and amount tenor requested

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What are the loan offerings for brand new clients having an SME account in Union Bank?

Yes, you can find loans for our SME customers too.

I apply for another loan if I have an outstanding loan and couldn’t pay back due to , can?

You can easily make an application for a restructuring or moratorium in your current loan to make certain that it really is doing.

Would you accept re re payments in instalments?

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What’s the requirements for agricultural loans?

Presently, we try not to provide loans that are agricultural people. It is possible to nevertheless submit an application for a loan that is personal.

How do we start a income account?