Dear Valued Customer,
Greetings from UnionBank,
In our continuing compliance with Bangko Sentral ng Pilipinas (BSP) Circular No. 855, there will be an increase on the monthly principal payment for your loan.
We will now be implementing an 8% repayment of your outstanding loan spread over 12 months. The encircled amount in the sample below has the minimum principal payment and regular monthly interest.
The increase in the principal repayment will be implemented starting June 2018, this will show in your monthly statement which will be paid every 23rd of the month.
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Meantime, all principal payments may be re-availed at your option as long as your account is in current status.
If you have any questions regarding this matter, please email us at business.line@unionbankph.com or contact us at our direct line 638-2156 or 0917-827-3196.
Thank you for your continued trust and banking relationship.
Sincerely,
SME Banking Solutions
UnionBank of the Philippines