How to Pay a Quick Loan Online with UnionBank

Paying off a quick loan online with UnionBank is a straightforward process designed to offer convenience and efficiency. This guide will walk you through the steps to ensure you can complete your loan repayment swiftly and without any hassle.

1. Log In to UnionBank Online Banking:

   • Open your web browser and go to the UnionBank website.
   • Click on the "Login" button located at the top right corner of the homepage.
   • Enter your User ID and Password, then click "Submit" to access your account.

2. Navigate to the Loan Payment Section:

   • Once logged in, locate the "Payments & Transfers" tab in the main menu.
   • Click on "Loan Payments" to proceed with your quick loan repayment.

3. Select the Loan Account:

   • Choose the specific loan account you wish to pay from the list of your existing loans.
   • If you have multiple loans, ensure you select the correct one by verifying the loan details such as the account number and outstanding balance.

4. Enter Payment Details:

   • Input the payment amount you want to settle.
   • Select the payment source, which can be your UnionBank checking or savings account.
   • Verify that the details are correct before proceeding.

5. Confirm and Authorize Payment:

   • Review all the payment details to ensure accuracy.
   • Click "Confirm" to finalize the payment.
   • You may be required to enter an OTP (One-Time Password) sent to your registered mobile number for additional security.

6. Receive Confirmation:

   • Once the payment is processed, you will receive a confirmation message on the screen.
   • An email notification will also be sent to you confirming the successful transaction.

7. Check Your Loan Balance:

   • After payment, check your loan balance to confirm that the payment has been applied.
   • You can do this by going back to the "Loan Accounts" section to review your updated balance.

8. Troubleshooting and Support:

   • If you encounter any issues during the payment process, contact UnionBank customer support for assistance.
   • Use the "Help" or "Contact Us" options available on the UnionBank website for further guidance.

Key Benefits of Paying Loans Online:

• Convenience: Pay from anywhere, at any time.
• Efficiency: Immediate processing of payments.
• Tracking: Easily monitor payment history and loan balance.

Tips for Managing Loan Repayments Online:

• Set Reminders: To avoid missing payments, set reminders or automate your payments.
• Review Statements: Regularly check your statements to ensure payments are recorded accurately.
• Contact Support: If you notice discrepancies or issues, address them promptly with customer support.

In summary, paying off your quick loan online with UnionBank is designed to be a simple and efficient process. By following the steps outlined above, you can manage your loan repayments conveniently from the comfort of your home.