How to Apply and Get Union Bank Loan

To help customers realise their dreams, Union Bank offers a wide range of lending solutions. There is something for everyone, from entrepreneurs to salaried workers to retirees. These days, taking out loans is a common way to invest or pay off obligations. Union bank loans, on the other hand, have you covered no matter what the case may be. In this article, we will show you how to apply and get Union Bank loan.

Is Union Bank competent to provide loans?

CBN-licensed, Union bank loan offers a variety of choices to its consumers, including but not limited to:

1. Digital loans

People in need of urgent cash for personal reasons can take advantage of Union Bank’s digital loans, which follow a profitable trend. You don’t have to worry about searching or filling out paperwork. Accessing the Union Bank loan is as simple as using the bank’s app on your smartphone, an ATM, or a USSD code. This firm is primarily known for its payday loans, which allow you to borrow up to 50% of your paycheck and pay it back within a month without any type of collateral.

2. Payroll Loans

For people who receive their paychecks directly into their Union bank account, payroll loans are a great option. As a result, payroll loans provide you with a variety of possibilities at competitive rates. You can even gain cashback rewards if you take out a loan with a term of 2 to 5 years and pay it back on time! The products that fall under this category are:

  1. Personal loan
  2. Salary advance
  3. Back to school finance
  4. Senior citizen loan
  5. Union Flexi loans

3. Non-payroll loans

A non-payroll loan is for persons who do not have a regular source of income because they are unemployed. Basically, it’s a way for business people to move forward in the world with the least amount of stress. In addition, you can choose from the following options:

  1. Self-employed loans
  2. Self-employed revolving overdraft
  3. Cash backed loans

Are loans without collateral available at Union Bank?

That’s right, they do. Only certain loan alternatives are eligible for this option, which is, however, limited. These digital loans allow for you to borrow up to 50% of your monthly revenue in one month and pay it back within that time frame Digital loans do not require any kind of collateral.

Are Union bank loans subject to interest rates?

In the case of Union bank loans, there is no fixed interest rate. Instead, they would state the appropriate interest during the application process, giving you the opportunity to accept or reject the offer. Interest rates also vary depending on the type of loan and other criteria such as the length of time and loan size, for example.

For Union Bank Loans, what is the special code to use?

82641# is the USSD code for a Union bank loan. A succession of options would appear upon calling the code. As a result, you can then follow the prompts and make your pick from the possibilities given to you after that.

How to apply for Union Bank loans

To apply for a union bank loan, simply follow the steps below:

  1. To learn more about their personal loans, visit their official website at
  2. Then, click on the loan of your choice.
  3. This information may be found by clicking on “loan application guide” which can be found just below the loan dialogue box.
  4. To proceed, click the “apply for a loan” button.

Can you tell me how I can contact Union Bank?

This bank can be contacted via the following methods:


Visit the Union Bank’s official website for support to provide feedback and support to customers

Or visit one of their local branches.


For more than a century, Union Bank has been serving its customers’ requirements. For this reason, feel free to stop by at any moment to apply for a loan.

Source: Nyscinfo

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