Now Check Union Bank of India personal loan offers, Documents List, Eligibility, Interest Rates 2015 and Fees charges. Calculate EMI for loan at deal4loans. Union Bank offers availed for any purpose, be it a wedding expenditure, meet financial requirements, a holiday or purchasing consumer durables, personal loan is very handy & caters to all your needs.
There are many among us who might be facing difficulty in purchasing goods by paying a lumpsum amount. But we would be comfortable paying small installments on a monthly basis. The Union Personal loan plays an important role here. It helps you avail loans to meet personal expenses such as purchase of consumer durable, etc.
To avail “Union Personal” you need to meet the following criteria:
- Should be from the salaried class, having regular source of income and having salary account with our bank.
- The applicant has reasonable residual service to ensure that the entire loan is repaid one year prior to retirement.
Processing Fees and Interest Rates on Personal Loan of Union Bank of India as Follows:
|Rate of Interest||
You Can Calculate Personal Loan EMI with this Calculator by Just Enter your Loan Amount, Interest Rates and Loan Period/Tenure:
QUANTUM OF LOAN
- Up to Rs. 5 Lakh
MARGIN, I.E. YOUR SHARE – Nil
MORATORIUM PERIOD – Nil
What are the stages involved in taking a loan?
There are three main stages –
- Application – Whereby you submit a completely filled in application with all necessary documents.
- Sanction – Whereby you get an approval for a specific loan amount based on the value of your property and repayment capabilities.
- Disbursement – Whereby the loan amount is disbursed.
How much time will it take for my loan to be approved?
It takes 3 days for your loan to be sanctioned, after you have submitted all the required documents.
How is the interest charged/calculated?
Interest will be applied in the account on the basis of reducing balance method at monthly rests.
What is the maximum loan amount for Union Personal?
The maximum amount of loan is Rs. 5 Lakhs. However it would be depends on the repayment capacity.
What are the loan tenure options?
The repayment period is maximum of 5 years.
Other Available Products of Union Bank of India are -
Source: Union Bank of India Website
You might find these relevant:
- SBI Xpress Credit Personal Loan | Interest Rates | Documents | Eligibility
- Bajaj Finserv Lending personal loan | Interest Rates | Eligibility | Apply Online
- Indian Bank Personal Loan | Interest rates | Eligibility | Information
- Personal loans in Ranchi compare with all Banks
- Gurgaon Personal Loan; Apply online | Deal4loans
- Personal Loan Shimoga | Interest Rates | EMI | Eligibility | Apply
- Personal Loan Sivakasi | Interest Rates | EMI | Eligibility | Apply
- Personal Loan Surendranagar | Interest Rates | EMI | Eligibility | Apply
- Personal Loan Vijayawada | Interest Rates | EMI | Eligibility | Apply
- Sparkling Diwali Offer on Bajaj Finance personal loan 2014