United Bank Of India Punjab IFSC code, MICR code, Address
United Bank Of India branch details in Punjab
Last Updated 25th Feb 2017
United Bank Of India has 19 branches in Punjab spread over 14 districts of Amritsar, Barnala, Bhatinda, Faridkot, Fatehgarh Saheb, Fazilka, Firozpur, Gurdaspur, Hosiarpur, Jalandhar, Kapurthala, Ludhiana, Mansa, Moga, Mohali SAS Nagar, Muktsar, Nawanshahr, Pathankot, Patiala, Rupnagar, Sangrur, Tarn Taran.
Jalandhar district, with 3 branches has the largest number of United Bank Of India branches in Punjab followed by Sangrur district with 2 branches and Firozpur district with 1.
District wise distribution of United Bank Of India branches in Punjab 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.
06th Jan 17 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.
09th Aug 16 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.
20th Jul 16 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.
15th Jan 16 United Bank of India to cut bulk deposit rates by up to 1.5%
UBI has reduced interest rates by 25 bps -50 bps for deposits up to Rs 1 Cr and by 25 bps to 150 bps for deposits above Rs 1 crore
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