AUB Salary Loan – How to Apply

It isn’t easy hitting the 9-5 grind when you need extra money, but the AUB Salary Loan can help. With most 9-5 jobs, it is impossible to earn more than a set wage. That means if you have sudden extra expenses, you can find yourself in financial hot water.

The AUB Salary Loan uses your salary as collateral to give you a loan. They base the amount of loan you can get on the salary you are expected to receive. It is kind of like how small businesses get loans and use the proceeds from the business to pay it back.

Essentially, you’re getting a loan on your salary, so you’ll have to use your salary plus interest to pay it back. If you do find yourself in a situation where traditional moneylending just won’t help, this loan might be an answer. We’ve got further details about it up next.

AUB Salary Loan - How to Apply

What Is AUB?

As stated before, AUB stands for Asia United Bank and it is a bank that offers a wide array of financial services to clients across Asia. Among the services they offer, you have personal loans, which the bank offers at a great rate and a reasonable repayment period.

What Is A Salary Loan?

These loans are more or less what other banks categorize as personal loans. They are often used to fix holes in your finances. You can use the money which you loaned from the bank anyhow you see fit, but you need to remember that it will have to be paid back in due time.

Other banks will give you personal loans based on your credit information or whether you have a bank account. With AUB, you need to have evidence of being employed at a credible organization to get a loan.

Am I Eligible?

As stated before, for you to get a loan, you have to work for an accredited institution first and foremost. You then have to be at least 21 years old and earning at least PHP 10,000. That is quite low as compared to what other banks want you to earn for you to get a loan.

Among other requirements for this loan is a 3 year audited financial statement. Most of these documents can be obtained from the company you work for. You’ll also need the company’s registration certificate and the latest General Information Sheet.

What Are The Fees?

Like most banks, when it comes to loans, there are a number of fees involved such as interest. With AUB, you also have to part with at least 5% of the borrowed amount for every month you are late on making your payments.

All late or defaults you incur when it comes to your loans with AUB will be reported to the credit bureau. It is best to keep in touch with your debts and ensure that you pay them off in time if you’re to keep a positive score on your credit.

A representative interest rate for this type of loan is 4%. Additionally, there is a PHP 2,000 processing fee. You may get a loan term from 1 to 36 months.

AUB Salary Loan - How to Apply

How To Apply For The AUB Salary Loan

To apply for an AUB salary loan you have to visit the bank in person and produce the said documents. You can check out the bank’s website for more information on how to go about the whole application process, or you can contact AUB in the following ways.

AUB Salary Loans Group
32/F Joy Nostalg Center, 17 ADB Ave., Ortigas Center, Pasig
Tel: 8631-3333 loc. 794, 803, 845, 870
Direct lines: 8687-0724, 8687-4173 or 8470-9498


You should be very careful about taking out this type of loan. This kind of loan can tie up your salary money for a long time. But it is good to know this type of loan does exist if you’re stuck and really need some financial help fast.

Note: There are risks involved when applying for and using credit. Consult the bank’s terms and conditions page for more information.