Union Bank is giving personal loan up to Rs 15 lakh, know the complete process of applying

The loan repayment period for Salaried or Self Employee is maximum 5 years, while professional women are given a maximum period of 7 years to repay the loan. today we Union Bank Personal Loan Will talk about. If you need a loan, then you can apply for the loan by getting all the information related to Union Bank Personal Loan in this article.

What is the interest rate of Union Bank Personal Loan?

Union Bank offers personal loans up to Rs 15 lakh to customers. Its interest rate starts from 11.35%, while women professionals can get a loan up to a maximum of Rs 50 lakh at an interest rate of 11.40%. The interest rate of Union Bank of India Personal Loan also depends on the eligibility of the customer. Its interest rate can be maximum up to 15.45% per annum. Apart from this, a maximum processing fee of 1% is charged. The interest rates of Union Bank of India Personal Loan are as follows –

• No salary account – 13.35%
• Have salary account but CIBIL score is less than 700 – 13.45%
• Have salary account and CIBIL score is more than 700 – 14.35%
• For non-employed if CIBIL score is more than 700 – 15.35%
• For non-employed if CIBIL score is less than 700 – 15.45%

Union Bank Personal Loan Types

Types of Loan	Duration(Max)	Objective	Loan Amount (Maximum)
Union Mahila Professional Personal Loan Scheme	7 years	for financial needs	50 lakhs
non-government employee	5 years	For the needs of employed people like marriage, travel, shopping.	1.5 million
For non-employed people	5 years	To meet financial needs	1.5 million
Union Professional Personal Loan	5 years	For individual needs of professionals like CA, Cost Accountant, CS, Doctors, and Engineers etc.	2 million
Union Ashiana Personal Loan	5 years	For the personal needs of new and existing home loan borrowers	1.5 million
Union Ashiana Overdraft	5 years	For personal and business needs of new and existing home loan borrowers	2 million

Union Bank Personal Loan Eligibility

If you want to apply for a personal loan from Union Bank, then you will have to follow certain conditions of the bank. The terms and conditions of Union Bank of India Personal Loan are as follows –

• Employed, non-employed and professional women can take Union Bank Personal Loan.
• The minimum age of an employed person can be from 18 years till the maximum age of retirement and the maximum age of a self-employed person can be 65 years.
• The monthly income of the person should be at least Rs 15000 to Rs 25000.
• The person must have 1 to 2 years of experience in his work and must have all the documents.

Documents required for Union Bank of India Personal Loan

If you want to take a personal loan from Union Bank, then you must have the following documents to apply for it –

• KYC documents such as Aadhar Card, PAN Card, Voter ID, Passport.
• Address proof
• Income proof: 12 months bank statement, last 3 months salary slip and last 2 years ITR return
• Form 16.

How to Apply Union Bank Personal Loan Online?

Union Bank Personal Loan To get it, you can apply for the loan by visiting your nearest branch and apart from this, you can also apply for the loan online through its official website, for this follow the steps given below –

• First of all Union Bank Personal Loan official website Open it.
• Now click on the apply option under the loan you want to take.
• After this, enter your personal and professional information.
• Fill all the information carefully and submit.
• Then you will get a call from the bank and you will be informed about the further process.
• After following all the procedures, if everything is correct, your loan will be approved by the bank.
• After the loan is approved, the loan amount will be sent to your bank account after payment of processing fees etc.

Union Bank Personal Loan Customer Care Number / Helpline Number

Above we have told you the complete process to take a personal loan from Union Bank. Apart from this, we have also provided information about interest rate for Union Bank Personal Loan, eligibility to take loan and required documents etc. Now if you face any problem in taking a personal loan or have any questions, you can contact its customer care number 1800-222-244 / 1800-208-2244.

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