United Bank Of India IFSC Code Sector 17c Chandigarh Branch, MICR code, Address

Last Updated 19th May 2017

IFSC Code of United Bank of India SECTOR 17C CHANDIGARH, MICR Code of United Bank of India SECTOR 17C CHANDIGARH

Get IFSC Code and MICR code of United Bank of India, Sector 17c chandigarh, Chandigarh branch in CHANDIGARH city along with the address

Bank	United Bank of India
IFSC Code	UTBI0CDH717 (for money transfer by NEFT, RTGS and IMPS)
MICR Code	160027001
Address	SCO/32/33/34, SECTOR-17C, CHANDIGARH, DIST-CHANDIGARH, CHANDIGARH, PIN - 160017
Branch	SECTOR 17C CHANDIGARH
City	CHANDIGARH
District	Chandigarh
State	Chandigarh

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United Bank of India Interest Rates in SECTOR 17C CHANDIGARH, Chandigarh

	Interest Rates*	Tenure, Processing Fee
United Bank of India MCLR Base Rate	9.65%	Past Trend
United Bank of India Home Loan	9.55% - 9.55% Floating	Get Details
United Bank of India Loan Against Property	11.30% - 11.30% Floating	Get Details
United Bank of India Car Loan	9.35% - 10.45%	Get Details
United Bank of India FD Interest Rate	4.00% - 6.25%	Get Details

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Loan Amount	Cashback
Rs. 1 cr and above	Rs. 5,000
Rs. 75 lakh - less than Rs. 1 cr	Rs. 3,000
Rs. 50 lakh - less than Rs. 75 lakh	Rs. 2,000
Rs. 35 lakh - less than Rs. 50 lakh	Rs. 1,000
Rs. 20 lakh - less than Rs. 35 lakh	Rs. 500
Less than Rs. 20 lakh	Rs. 200

News - May 2017

2017-05-19 : United Bank of India to raise funds up to Rs. 1,000 crore
United Bank of India is looking to raise funds up to Rs. 1,000 crore through various options. In its regulatory filing, the bank has reported that its board of directors has approved rising of equity capital via Qualified Institutions Placement, Public Issue and Right Issue. However, the bank has not disclosed the purpose of raising the capital.
2017-03-17 : UBI to Get Rs. 418 Crore Capital from Government
United Bank of India had received Rs. 608 crore from the central government through preferential allotment of equity shares in September, 2016. The central government will infuse another Rs. 418 crore capital in the bank as a part of turnaround-linked capital infusion plan. The government has also declared fund infusion of Rs. 22,915, out of Rs. 25,000 crore allocated for 13 public sector banks for the current fiscal 2016-17.
2017-01-06 : United Bank of India cuts lending rate by up to 90 basis points
United Bank of India has reduced its overnight and six months marginal cost of lending rates to 8.30 and 8.65 percent respectively. The revised one year MCLR is now 8.80 percent as compared to 9.40 percent earlier. The rates are effective from 6th January, 2017.
2016-08-09 : United Bank of India Q1 net down 27 per cent, bad loans rise
United Bank of India reported nearly 27 per cent fall in its net profit to Rs. 38.32 crore for the quarter ended June 30 due to rise in bad loans. The total income of the bank fell by 2.67 per cent to Rs. 2819.37 crore in the June quarter of FY17 from Rs. 2896.75 crore in the June quarter of previous year. Gross NPAs as a percentage of total loans increased to 14.29 per cent in the first quarter of current financial year. Similarly, the net NPA ratio increased to 9.85 per cent, up from 6.30 per cent during same period of previous fiscal.
2016-07-20 : Govt to infuse up to Rs 810 Cr capital in United Bank of India
United Bank of India said that the government has decided to infuse up to Rs 810 crore capital into the bank in the current fiscal year. Government has decided to allocate 75 per cent of the capital to the bank immediately and remaining 25 per cent will be infused depending upon the performance of the bank by the end of 2016. Government has already announced its plan to infuse Rs. 22915 crore in 13 public sector banks like SBI, PNB, Bank of India and Central Bank of India.

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