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17th December 2016, 10:48 AM
Super Moderator
 
Join Date: Aug 2012
Re: Union Bank Of India Business Loan

The Union Bank of India has launched various schemes for stepping up credit to Micro, Small & Medium Enterprises.

These are specially designed taking into account the needs of certain segments among the MSMEs having specific and uniform requirements e.g. hosiery units in Ludhiana.

Union Bank of India loan enables its consumers to realize their dreams. The bank provides a number of loans such as:
Education loan
Home loan
Car and two wheeler loan
Personal loan

Interest rate:

Union Bank Personal Loan Details
Interest Rate 14.40%
Processing Fees 0.50% of the loan amount or Min Rs.500
Loan Tenure 5 years
Guarantor Requirement Guarantor required

The bank charges processing on the car loan:

Loan above ` 2 lac, for a car or a four wheeler-` 1000
Loan upto ` 2 lac, for a four wheeler-` 500
For a two wheeler-` 250

Type of loans:

Home Loans
Vehicle Loans
Education Loans
Loans against Property
Loans for Senior Citizens
Personal Loan
Loans-Medical Practitioners
Loans for Salary A/c Holders
Retail Loan Schemes for BSNL Employees


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