Union Bank Of India West Bengal IFSC code, MICR code, Address
Union Bank Of India branch details in West Bengal
Last Updated 22nd Apr 2017
Union Bank Of India has 162 branches in West Bengal spread over 21 districts of Alipurduar, Bankura, Bardhaman, Birbhum, Coochbehar, Dakshin Dinajpur, Darjeeling, East Midnapore, Hooghly, Howrah, Jalpaiguri, Kolkata, Malda, Murshidabad, Nadia, North 24 Parganas, Purulia, Siliguri, South 24 Parganas, Uttar Dinajpur, West Medinipur.
Kolkata district, with 55 branches has the largest number of Union Bank Of India branches in West Bengal followed by Bardhaman district with 17 branches and Hooghly district with 10.
District wise distribution of Union Bank Of India branches in West Bengal 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.
A cyber attack on Union Bank by hackers through an e-mail attachment containing malware stole the bank’s access codes for SWIFT (Society for Worldwide Interbank Financial Telecommunications) and transferred around $170 million to a Union Bank account at Citigroup Inc. New York.
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.
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