Union Bank Of India has 4,011 branches across India spread over 34 states and union territories.
Uttar Pradesh state, with 878 branches has the largest number of Union Bank Of India branches in India followed by Maharashtra state with 534 branches and Madhya Pradesh state with 275 branches.
Statewise distribution of Union Bank Of India branches in India is as below. To find branch address, phone, IFSC code, MICR code of the branch that you are looking for, click on the state where the branch is located.
Union Bank Of India is a Public Sector Bank in India with 4,078 branches, 7,020 ATM's and 35,514 employees across the country.
Union Bank Of India's registered office is located at Union Bank Bhavan, 239, Vidhan Bhavan Marg, Nariman Point Mumbai Maharashtra-400021
For the year ended 31st Mar 15, the bank reported Net Interest Income of Rs. 8,444 crs and Standalone net profit of Rs. 1,782 crs. Union Bank Of India reported total deposits of Rs. 316,870 crs and total advances of Rs. 262,757 crs.
Union Bank Of India's management is led by its CEO Mr. Arun Tiwari.
Highest fixed deposit interest offered by Union Bank Of India is % per annum on deposits.
Its current Base Rate is 9.55%, which was last revised on 01st Dec 16.
04th Feb 17 Union Bank of India reduces MCLR by up to 15 basis points across various tenures
Union Bank of India has reduced its overnight and one month marginal cost of lending rates of to 8 and 8.20 percent as compared to 8.15 and 8.35 percent respectively. The revised three months and six months MCLR has been revised to 8.25 and 8.35 percent respectively. The bank has also reduced its three year MCLR by 5 basis points to 8.60 percent. The new rates are effective from 1st February, 2017.
02nd Jan 17 Union Bank of India reduces MCLR by up to 90 basis points
Union Bank of India has reduced its overnight and three months marginal cost of lending rates to 8.15 and 8.40 percent as compared to 9.05 and 9.15 percent earlier. The revised MCLR for six months and one year now stands at 8.50 and 8.65 percent respectively. Similarly, three year MCLR has reduced to 8.75 percent as compared to 9.40 percent earlier. The rates are effective from 1st January, 2017.
18th Nov 16 Union Bank new business loan scheme for startups
Union Bank of India has launched a new business loan scheme to support and promote start ups at its 98th foundation day. The bank will provide term loan and working capital finance up to Rs. 5 crores at low interest rate with no processing fees.
01st Sep 16 Union Bank of India will reduce its MCLR from September 1, 2016
Union Bank of India has reduced its Marginal Cost Based Lending Rate (MCLR) by 5 basis points (bps) across maturities. The 1 year MCLR has been reduced to 9.4 percent from the current rate of 9.45 percent. The 2 year and 3 year MCLR is reduced to 9.45 and 9.5 percent respectively. The 3 month and 6 month MCLR has been reduced to 9.25 percent and 9.35 percent respectively. Similarly the Overnight and 1 month MCLR has been reduced to 9.15 and 9.2 percent. These changes are effective from 1st September, 2016. For borrowers who have taken a home loan from Union Bank of India after 1st April 2016, the reduction in MCLR will translate into a reduction in their floating home loan rates and hence their interest outgo.
11th Aug 16 Union Bank of India app allows users to control credit card transactions
Union Bank of India has launched an app called UControl for its customers that will allow them to block transactions and set limits over their credit cards. This app will also allow customers to block certain transaction channels such as ATM withdrawals, in store transactions, Internet transactions and foreign transactions. Through this app, customer can also monitor and analyze spends of dependents or joint cardholders.
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