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United Bank Of India IFSC Code Service Mumbai Branch, MICR code, Address

IFSC Code of United Bank of India SERVICE MUMBAI, MICR Code of United Bank of India SERVICE MUMBAI

Get IFSC Code and MICR code of United Bank of India, Service mumbai, Maharashtra branch in Mumbai city along with the address

Bank United Bank of India
IFSC Code UTBI0SVM656 (for money transfer by NEFT, RTGS and IMPS)
MICR Code 400027001
Address U B I BUILDING, 25, SIR PHEROZE SHAH MEHTA ROAD, FORT, MUMBAI - 400001, MAHARASHTRA
Branch SERVICE MUMBAI
City Mumbai
District Mumbai
State Maharashtra
Personal Loan
@ 10.99%*
Home Loan
@ 8.35%*
Gold Loan
@ 9.50%*
Business Loan
@ 13.50%*
Loan Against Property
@ 9.25%*
Car Loan
@ 9.25%*
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United Bank of India Interest Rates in SERVICE MUMBAI, Mumbai

Interest Rates*
United Bank of India MCLR Base Rate 8.20% - 8.75% Past Trend
United Bank of India Loan Against Property 11.30% - 11.30% Floating Get Details
United Bank of India Business Loan 14.15% - 14.15% 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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Other United Bank Of India Branches in Mumbai

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United Bank Of India News - Jun 2017
  • 2017-06-16 : United Bank of India reduces 6 month MCLR to 8.55% news
    United Bank of India (UBI) has slashed its Marginal Cost of Funds Based Lending Rate (MCLR) for 6 month maturity with immediate effect. The MCLR rate for 6 month maturity has been reduced to 8.55 per cent from existing 8.60 per cent. However, the bank has kept its MCLR unchanged for overnight, one month, three month and one year maturity.
  • 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.
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