Union Bank Of India Assam IFSC code, MICR code, Address
Union Bank Of India branch details in Assam
Last Updated 18th Mar 2017
Union Bank Of India has 65 branches in Assam spread over 23 districts of Baksa, Barpeta, Bongaigaon, Cachar, Chirang, Darrang, Dhemaji, Dhubri, Dibrugarh, Dima Hasao, Goalpara, Golaghat, Hailakandi, Jorhat, Kamrup, Kamrup Metropolitan, Karbi Anglong, Karimganj, Kokrajhar, Lakhimpur, Morigaon, Nagaon, Nalbari, Sivasagar, Sonitpur, Tinsukia, Udalguri.
Barpeta district, with 13 branches has the largest number of Union Bank Of India branches in Assam followed by Tinsukia district with 7 branches and Dibrugarh district with 4.
District wise distribution of Union Bank Of India branches in Assam is as below. To find branch address, phone, IFSC code, MICR code of the branch that you are looking for, click on the district where the branch is located.
Union Bank of India is planning to focus on strengthening its business across various loan segments including retail and MSME loans to meet its targets. The bank has reported a decent growth in its share of domestic loans that increased to 54.8 percent during third quarter of FY17 as compared to 51 percent for the corresponding period in FY16.
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.
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.
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.
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.
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