Union Bank Personal Loan offers:
✅ Up to ₹1.5 million
✅ Repayment terms up to 60 months
✅ No collateral or guarantor required
✅ Minimal documentation
✅ No hidden costs and low interest rates
Why do we recommend Union Bank Personal Loan for you?
Planned or unplanned needs often require additional funds that should be readily available. For instance, home repairs, children’s education expenses, or starting a hobby. Unexpected situations may arise, or excellent opportunities may present themselves. You might not always have cash on hand for unforeseen or favorable circumstances. In such times, having cash readily available is essential: utilize Union Bank Personal Loan!
Author’s Opinion
In addition to this loan offering, Union Bank boasts an impressive range of financial products. From convenient digital banking solutions to a diverse array of loans, Union Bank caters to various financial needs. Whether you’re seeking personal banking services, investment options, or deposit accounts, Union Bank is available for you.
Furthermore, they offer specialized loan facilities, including retail, MSME, and agribusiness loans. For those requiring quick financing, Union Bank provides gold loans, ensuring access to funds for various purposes. With Union Bank’s comprehensive products, customers can enjoy a seamless banking experience and access to essential financial services.
Who can apply for Union Bank Personal Loan?
The loan scheme is divided into two categories. The eligibility criteria for both categories are as follows:
Scheme A (Connection):
✔️ Permanent/confirmed employees of reputed Private Limited institutions/organizations in India
✔️ Applicants may or may not maintain a salary account with us
✔️ Minimum gross monthly salary of ₹15,000 (₹20,000 for Delhi, Mumbai, Kolkata, Chennai, Bengaluru, Ahmedabad, and Pune)
Scheme B (Without Connection):
✔️ Permanent/confirmed employees of reputed private institutions/organizations in India
✔️ Applicant must have been a customer of the bank for at least 6 months prior to applying for the loan
✔️ Applicants must maintain a salary account with us
✔️ Minimum gross monthly salary of ₹15,000 (₹20,000 for Delhi, Mumbai, Kolkata, Chennai, Bengaluru, Ahmedabad, and Pune)