Union Bank of India Personal Loan Overview - Maximum Loan Amount: Up to INR 15 lakhs - Interest Rates: 13.35% p.a to 15.45% p.a - Repayment Tenure: Up to 5 years - Margin Money: NIL - Schemes: Scheme A Tie-Up Scheme & Scheme B Tie-Up Scheme
Eligibility Criteria - Minimum age must be 18 years. - Maximum age must be one year before retirement age. - Should be a permanent employee in a reputed private organisation. - Minimum monthly gross salary must be INR 15,000 (INR 20,000 for metro cities).
How to Apply? - Visit the official website of the Union Bank of India. – Navigate to ‘Digital Banking’ & click ‘Self Service Banking’. – Select ‘Online Loan Application’ & click ‘Digital Personal Loan’. – Now, apply for the loan by filling out the required details.
Documents Required - Proof of identity & address. - Last 6 months bank statements. - 3 recent salary slips. - Form 16 & 2 passport-sized photos. - ITR details for the past 2 years.