Union Bank of India Car Loan

Union Bank of India | Car Loan | 01-Apr,2021

About Union Bank of India: Union Bank of India is one of the largest banks established in India, engaged in providing commercial banking services. The bank offers services in corporate and wholesale banking, retail banking operations, treasury operations, and other banking services. In addition, the bank also provides personal and corporate loans. The bank was founded on November 11, 1919. Its head office is currently located in Mumbai, India.

Detail: Applicant can prepay the loan with zero penalty fee involved. The applicant should be at least 21 years old.

Annual Percentage Rate (APR): 7.40% p.a.

Minimum & Maximum period for repayment (Loan Tenure): 12 months to 84 months

Loan processing charges: Rs.1,000 Excluding GST

Late Payment: --

Foreclosure Charges: --

Partpayment Charges: --

Maximum Loan Amount: Rs.20 lakh

Union Bank of India Profile

Sector : Finance

Industry : Regional Banks

Union Bank of India was a small bank at the time of its establishment. However, after its merger with Andhra Bank and Corporation Bank, it has become one of the largest banks in India. According to information from various sources, the merged entity has become the fourth largest bank in terms of branch network.

Know more

You will go on the Official website.

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Loan Type

Union Bank of India ROI Max Loan Amount Tenure Processing Fee Late Payment Foreclosure Charges Partpayment Charges
Personal Loan 8.90% p.a. Up to Rs. 15 lakh 12 months to 60 months 0.50% of the loan amount, minimum Rs. 500 -- Nil --
Home Loan 6.80% Up to 25 lakh 5 to 30 years 0.50% of the loan amount -- -- --
Education Loan 12.25% (fixed) Rs 7.50 lakh 1 years to 10 years This loan does not carry any processing fee. -- -- --
Car Loan 7.40% p.a. Rs.20 lakh 12 months to 84 months Rs.1,000 Excluding GST -- -- --
Gold Loan 13.00% p.a. Up to Rs. 20 lakhs 6 months to 12 months -- -- Nil Nil

Disclaimer* - All the information provided on this site regarding loans and other banking services is completely taken from different websites of respected banks and financiers. We do not provide any kind of loan or finance. We only help you out to find the right loan or banking service that would be best for you as per your requirements. We do not get user data for further processing. We do not take any kind of money from our users, or do we have a sales team to provide loan. All loans are at the discretion of the associated Banks.