1 / 6

Apply Union Bank of India personal loan

Union Bank of India personal loan is the best personal loan available at very lowest interest rate. Benefits of availing Union Bank of India personal loan are as follows:-<br>(i) Affordable Interest Rates<br>(ii) Flexible loan repayment options<br>(iii) Faster loan approvals<br>(iv) The loan amount is available from Rs 50,000 to Rs 10 lakh<br><br>Union Bank of India personal loan offers under three schemes-<br>(i) Union Personal Scheme for Salaried Individual other than Government Employees<br>(ii) Union Personal Loan u2013 Non-Salaried<br>(iii) Personal Loan Under Special Retail Lending Scheme for Government Employees<br>To know more, visit here-<br>https://www.afinoz.com/union-bank-of-india/personal-loan

amirazam
Download Presentation

Apply Union Bank of India personal loan

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Union Bank of India Personal Loan

  2. Headquartered in Mumbai, Union Bank was established on 11th November 1919. The inauguration of the Head Office building of the bank was inaugurated by Mahatma Gandhi. The bank now operates through over 4200 + branches across the country.Union Bank Personal Loan can be availed for meeting short term financial crisis. It can be for meeting funds for a medical emergency, funding for higher education, consolidating debts, planning a wedding, etc. Description

  3. Affordable Interest Rates Flexible loan repayment options Faster loan approvals The loan amount is available from Rs 50,000 to Rs 10 lakh. No hidden charges Benefits of availing Personal Loans from Union Bank of India

  4. Personal Loan Union Personal Scheme for Salaried Individual other than Government Employees :-​​​​​​-It can be availed by Salaried employees in need of funds. An individual will have to get two guarantors as there is no collateral required to be put up as a guarantee. The interest rate for this segment of loan is 12.60% with a processing fee of 0.50% of the loan amount, subject to a minimum of Rs 500 plus GST. Loan amount up to Rs 10 lakh can be availed under this segment. The repayment tenure is 5 Years or up to 1 year before retirement. Union Personal Loan – Non-Salaried:- Self Employed Individuals in need of funds. It is offered to individuals who are non-salaried and earn a regular income. The Interest rate charged for this loan is 14.60% p. an onwards, with a processing fee of 0.50% of the loan amount, subject to a minimum of Rs 500 + GST. The loan can be availed of up to Rs 10 lakh for 5 years or 1 year after retirement. Personal Loan Under Special Retail Lending Scheme for Government Employees :- This scheme caters to permanent government employees. The loan is offered at 10.60% p.an onwards for 5 years or before retirement. The loan amount availed can be of up to Rs 15 lakhs. Union Bank Offers Personal Loan under three schemes

  5. To apply for a personal loan from Union Bank an individual should be: For Union Personal: Should be a resident of India. The service period should be sufficient enough to repay the loan, or at least one year before retirement. Should have an account with Union Bank of India. Should be a salaried employee with regular income. For Existing House Loan Borrowers: The borrower must be a home loan borrower. The borrower can be salaried or non-salaried. For Personal Loan for Employees associated with State/Government or Reputed Organisations Should be a permanent employee of Central/State Government/PSUs/JSUs/MNCs Regular source of Income Eligible service tenure to repay the loan or at-least 1 year before retirement. Union Bank Eligibility Criteria

  6. Following documents will be required to apply for a personal loan at Union Bank of India Identity Proof- Passport, Voter ID, Aadhaar Card, Driver’s License Address Proof – Passport, Rental Agreement, Postpaid Mobile Bill, Recent Bank Statement/Ration Card. Bank Statement for the last 3 months 2 Passport-sized photographs Income Proofs- Salary Slips for last 3 months/ITR for previous year/Form 16 Proof of outgoing loan repayment statement, LIC Policy etc. To know more, visit here- https://www.afinoz.com/union-bank-of-india/personal-loan Union Bank Personal Loan – Documents Required

More Related