|Minimum loan amount||No minimum limit|
|Maximum loan amount||Up to Rs. 20 Lakhs|
|Rate of interest||9.30% - 13.40% p.a.|
|Tenure||Up to 84 months|
|Lowest EMI per lakh||Rs. 2,090|
|Processing fee||Up to 0.50% + GST|
|Age||Minimum 18 years|
The main features and benefits of Union Bank Personal Loan are highlighted below:
Additional Info: Also check Union Bank of India Balance Check Number 2022
Union Bank of India personal loan interest rates vary for different schemes. Below is the list of interest rates for different personal loan schemes:
|Personal Loan Scheme||CIBIL Score||Effective Rate of Interest|
|Where employer undertaking available||700 & above||9.30%|
|Where employer undertaking not available||700 & above||10.80%|
|Special retail lending scheme for government employee (SRLGE) - Wherever employer undertaking is available||700 & above||9.30%|
|Special retail lending scheme for government employee (SRLGE) - Wherever employer undertaking is notavailable||700 & above||10.80%|
|Union Personal - Under Tie-up||700 & above||11.30%|
|Union Personal – Under Non Tie-up||700 & above||12.30%|
|Union Personal- For Non-Salaried Individuals||700 & above||13.30%|
If you are looking for a Union Bank personal loan apply online through MyMoneyMantra with the following easy steps:
You can call at the Union Bank personal loan customer care number regarding any queries before applying for the loan.
Additional Reading: How to get personal loan in Hyderabad?
Applicants must submit the following documents along with the duly filled and signed Union Bank of India loan application form and recent photographs in passport size.
Documents for Salaried:
Documents for Non-salaried:
Once your Union Bank of India personal loan application is submitted on MyMoneyMantra online, the verification process involves the following steps:
Additional Reading: How to get personal loan in Bangalore?
You can easily check your Union Bank personal loan application status by following the steps given below:
You can easily and instantly calculate the Union Bank of India Personal Loan EMI online using our Personal Loan EMI Calculator. All you need to do is enter the following loan details in the calculator ad hit the Enter button:
You can check the statement of your Union Bank personal loan online by logging into the bank’s netbanking portal using your login credentials.
Now get IDFC First Bank personal loan of Rs. 20000 to Rs. 1 Crore at lowest interest rate starting from just 10.49% per annum and the processing fee is 1.5%-2% of the sanctioned limit + GST.
If you want to get Union Bank loan apply through any of the following ways:
Once you have submitted the personal loan application along with the required documents, the bank will inform you about its decision within a few working days, subject to completion and accuracy of the submitted documents.
The already submitted post-dated cheques can be adjusted towards the repayment or cancelled by the bank. The cheques will be sent back to your mailing address.
You can make repayment of Union Bank personal loan via any of the following ways:
Yes. You can calculate your EMI before Personal Loan sanction using our online free-to-use Personal Loan EMI Calculator. You will have to enter the loan amount, tenure and Union Bank personal loan interest rate 2021 to complete the calculation.
Yes, the bank allows part-prepayment of personal loans.
No. You just need to pay your EMIs (consisting the principal and interest amount) for Union Bank online loan on time.
Yes, the bank offers a pre-approved personal loan facility to its select customers. The union bank of india personal loan interest rate can be different for a pre-approved offer.