Union Bank Personal Loan Online Apply: Loan of Rs 15 lakh will be available for personal expenses Union Bank of India is providing personal loan facility to such persons whose income is less than Rs 15000 per month. With customer benefits, flexible repayment tenure and easy application process, you can avail a personal loan up to Rs 15 lakh for any personal purpose like wedding, travel, etc. If you want to take a similar loan for any personal purpose, then definitely check out this personal loan option from Union Bank of India. Read the article till the end to know about the loan application process, required documents, and interest rates.
Union Bank Personal Loan Online Apply 2024
Union Bank provides all types of loans to its customers to meet various personal and business needs. Under this personal loan, you can meet your personal expenses by taking a loan facility of up to Rs 15 lakh. Its interest rates are also competitive with other banks, typically starting from 11.35% to 15.45%. This interest rate will depend on your eligibility, your CIBIL score and your loan amount.
If a professional man wants to take a loan then he can take a loan of Rs 15 to 20 lakhs. Whereas a maximum loan of up to Rs 50 lakh is provided to professional women. The period for repaying this entire loan ranges from 5 years to 7 years, and the person must repay his loan till the maximum age of 75 years.
Union Bank Personal Loan 2024: Overview
| Name of article | Union Bank Personal Loan Online Apply 2024 |
| lender | Union Bank of India |
| year | 2024 |
| Objective | To provide loan facility to the citizens to meet some of their personal expenses. |
| Beneficiary | all citizens of the country |
| application system | online and offline |
| official website | https://www.unionbankofindia.co.in/ |
| helpline | 1800 22 2244 |
Benefits and Features of Union Bank Personal Loan
1. Under this, customers can meet their personal expenses by taking a loan up to Rs 15 lakh.
2. The repayment period of this loan ranges from 12 months to 60 months.
3. In the case of women, if a loan of Rs 50 lakh is taken, then they can repay the loan for 7 years or till they attain the age of 75 years.
4. To apply for this, you can choose both online and offline mode.
5. Loan borrowers can prepay or close their personal loan without any charges or penalties.
6. The customer does not require any security for such a loan.
Eligibility for Union Bank Personal Loan Online Apply?
- The person must be a citizen of India.
- Minimum age should be 25 years and maximum age should be 75 years.
- The applicant should be a customer of Union Bank for the last 24 months.
- The applicant must have a good track-record with the bank.
- The applicant’s balance in the savings account or current account of Union Bank should be more than Rs 25,000 for the last four quarters.
- If the loan recipient is not a government employee, he should have a regular source of income.
Required Documents
- Any ID proof, like Aadhar Card, PAN Card, etc.
- Completed loan application form with credit details
- Bank statement of last 12 months
- I Certificate
- Last 3 months salary slip and ITR of two years for salaried employees
- Form No. 16
- Passport size photograph
- mobile number
How to Apply Union Bank Personal Loan Online?
- To apply online, first go to the official website of Union Bank.
- on home page Loan at the option of Personal Loan Click on.
- Now the list of personal loans will appear on your screen.
- Out of these, CLICK on the type of loan you want.
- By carefully reading the information given on the next page Apply Now Click on.
- Now you have to choose the type of loan and proceed further.
- further you Apply for Loan Click on the area.
- As soon as you click, the application form will appear on your screen.
- Now enter all the information asked in it and upload the required documents.
- down after all this Submit or Apply Click on it.
- This way you will be able to apply successfully.
How to apply for loan offline?
- For offline application, first of all go to your nearest branch of Union Bank.
- Here you have to get the application form after taking all the information related to personal loan.
- Now fill all the information asked in this application form carefully.
- After this, attach all the necessary documents with the form.
- Submit the filled application form along with the documents to your bank.
- Now your application and documents will be scrutinized.
- If everything is found correct then your loan will be approved.
