How to Apply For Union Bank Salary Advance

The Union Bank Salary Advance is for emergencies and gives you chance to borrow more than half of your salary.

In fact, the most excellent part is that you get a cashback reward when the discount is done before the date of reimbursement.

Therefore, a salary advance is just for any individual who is effectively working with an organization and brings home a salary.

Certainly, if you need a lease to pay for that house rent, the union bank salary advance is here to make all the difference with its worthwhile monetary guide. So read through to know how to apply.

Is Salary Advance a Loan?

Salary Advance Loans are short-term loans for employees who receive salaries.

However, unlike long-term loans, SAL is used for short-term financial needs such as medical problems, school bills, weddings, and so on.

As a result, the loan amount is withdrawn directly from the beneficiary’s pay, as suggested by the name.

What Features Does Union Bank Salary Advance Offer?

  • You can access up to 50%-60% of your salary.
  • Loan duration is slated for 30 days to 365 days max
  • The minimum monthly salary must be 20,000 nairas.
  • Salary must be domiciled with fidelity bank for at least 1 month.
  • No collateral or major documentation
  • It accepts payment in installments.
  • A salary advance is only withdrawn from your bank with your authorization.
  • The interest rate is, however, fixed at 3.75% flat and applicable to whatever amount is collected from the bank.

Read: Fidelity bank payday loan: how to apply

What are the Requirements for Union Bank Salary Advance?

The loan is accessible to all stakeholders and people with a steady salary. Then, the bank will confirm this to be sure you can discount together and not incur genuine debts.

Nevertheless, certain criteria need to be in place to access union bank salary advance and they are;

  • You must be an active union bank account holder
  • No outstanding debt with any other bank or affiliates
  • The minimum monthly salary must be 20,000 nairas.
  • Bank verification pin and number, this is to contact you as regards the salary advance
  • A filled form of application
  • Confirmation of employment by your employee
  • Valid means of identification

Also Read: How to Activate Fidelity Bank Transfer Code| 2022

How to Apply For the Union Bank Salary Advance?

To get started with the Union bank salary advance application, just follow these steps.

  • Simply log into any of the bank’s online platforms with your username and password, and follow the instructions stated to apply.
  • You can also apply by dialing *826*41# with your number
  • Contact the customer care center at
  • You can also visit any union bank branch, fill out the loan and validation will be carried out, you will get your loan immediately.

Importantly, the union bank salary advance is not exclusive for union bank account holders alone, other bank holders can also access the loan.

How Can I Take Salary Advance from Union Bank?

You may obtain the loan by using the following methods:

  • ATMs from Union Bank.
  • *826*41# Union bank mobile application USSD calling

Related: How to Activate Fidelity Bank Transfer Code| 2022

How Can I Check my Union Bank Account Balance?

Customers may find out their primary account balance by dialing 09223008586(Missed call).

How Do I Find my Union Bank Account Number on my Phone?

To obtain your Union Bank account number, just text “BAL to 20123” to your registered phone number, and your account balance and account number will be sent to you.

Frequently Asked Questions About How to Apply For Union Bank Salary Advance

How can I contact Union Bank customer care?

Union Bank set up a toll-free customer service line that is available 24 hours a day, seven days a week at +234-800-700-7000.

What code can I use to borrow money from Union Bank?

Begin by dialing the USSD code *826*41# to receive a Union bank loan.

How fast is quick loan Union Bank?

Customers that are authorized receive their funds within 60 seconds.

How do I write a letter requesting a loan?

  • One’s birth name.
  • Your postal address.
  • One’s company’s name.
  • Your company’s address.
  • Name of the loan officer or lender.
  • Lender or loan agent contact information
  • You can find the loan amount in the subject line.

How do I upgrade my union bank account online?

To download your new Union Bank NC Mobile app, open your Union Bank Mobile App and click Update.

In Nigeria, failure to repay debt may result in court proceedings, although little is known about this, and for good reason. Loan defaulting is a civil matter rather than a criminal offense, therefore you won’t go to jail for it.


Unlike loans, the salary advance loan is a short-term loan that is given to salary-paid workers in an organization.

You should, however, earn a minimum monthly salary of N15,000, and secure a maximum loan amount of 50% of your monthly salary. Also, a maximum loan tenor is 12 months and salary domiciliation of 1 month.

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