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Union Bank Salaried Employee Personal loan
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The Union Bank Salaried Employee Personal loan is an ideal option for those who have a consistent income between Rs. 15000 to Rs. 20000. With a short 3 days disbursement period, an attractive interest rate, and an option for those who don't have a salary account with the bank makes the Union Bank Salaried Employee Personal loan a viable option. A minimum documentation process and a lower age limit of 18 years make the loan accessible for the majority. Learn more about the Union Bank's personal loans for salaried employees in this guide.
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Table of Content
Union Bank Personal Loan for Salaried Employee – Highlights
Let’s look at the key parameters of the Union Bank Salaried Employee Personal loan
Interest Rate | 11.75% p.a. -13.35% p.a. |
---|---|
Maximum Loan Amount | 15,00,000 |
Maximum Loan Tenure | 60 Months |
Processing Fees | 1.0% of the loan amount |
Minimum Monthly Salary | 15,000 – 20,000 |
Compare Union Bank Salaried Employee Loan from Other Banks
Below is the comparison of Union Bank’s Salaried Employee Personal loans with the offerings from other banks across India
Lender Name | Interest Rate |
State Bank of India | 11.15% p.a. onwards |
HDFC Bank | 10.50% p.a. onwards |
Axis Bank | 12.00% p.a. onwards |
Bank Of Baroda | 12.40% p.a. onwards |
IDBI Bank | 9.50% p.a. onwards |
Yes Bank | 10.99% p.a. onwards |
Kotak Mahindra Bank | 10.75% p.a. onwards |
Union Bank Personal Loan for Salaried Employee – Fees and Charges
Here is the list of charges applicable to the Union Bank Salaried Employee Personal loan
Processing Fee | Up to 1% of the loan amount |
Prepayment Charges | 2% charge applies to term loans with repayment periods exceeding 36 months. |
Late Payment Fees | Nill |
Union Bank Personal Loan for Salaried Employee – Documents Required
Below are the documents required to avail of the Union Bank Salaried Employee Personal loan
- Identity proof – PAN card, voter’s ID, Passport, Aadhaar etc.
- Address proof – Driving license, Passport, Aadhaar, etc., and office/business address proof.
- Income proof – last 2 years ITR/Form 16, latest 3 months salary slip and Bank statement of last 12 months.
Union Bank Personal Loan for Salaried Employee – Eligibility Criteria
Listed below are the eligibility criteria for applying for the Union Bank Salaried Employee Personal loan
- The applicants must be salaried employees from reputed private institutions in India
- The applicants must be between 18 and 65 years old.
- The applicants must have a monthly salary between 15000-20000.
- The applicant must be an Indian citizen.
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Personal Loan Calculators
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Bank Wise Personal Loan Interest Rate
- RBL Bank Personal Loan Interest Rate
- DCB Bank Personal Loan Interest Rate
- karnataka bank Personal Loan Interest Rate
- Reliance Capital Personal Loan Interest Rate
- Federal Bank Personal Loan Interest Rate
- IDBI Bank Personal Loan Interest Rate
- karur Vysya Bank Personal Loan Interest Rate
- IDFC FIRST Bank Personal Loan Interest Rate
- YES Bank Personal Loan Interest Rate
- Kotak Bank Personal Loan Interest Rate
- ICICI Bank Personal Loan Interest Rate
- CITI Bank Personal Loan Interest Rate
- Deutsche Bank Personal Loan Interest Rate
- HDFC Bank Personal Loan Interest Rate
- HDFC Sales Personal Loan Interest Rate
- Axis Bank Personal Loan Interest Rate
- IndusInd Bank Personal Loan Interest Rate
- HSBC Personal Loan Interest Rate
- Union Bank of India Personal Loan Interest Rate
- Punjab & Sind Bank Personal Loan Interest Rate
- State Bank of India Personal Loan Interest Rate
- Indian bank Personal Loan Interest Rate
- Canara Bank Personal Loan Interest Rate
- Punjab National Bank Personal Loan Interest Rate
- Bank of Baroda Personal Loan Interest Rate
- Bank of India Personal Loan Interest Rate
- Bank of Maharashtra Personal Loan Interest Rate
- CASHe Personal Loan Interest Rate
- Prefr Personal Loan Interest Rate
- Tata Capital Financial Services LTD Personal Loan Interest Rate
- Ujjivan Small Finance Bank Personal Loan Interest Rate
- Edelweiss Financial Services Personal Loan Interest Rate
- PaySense Personal Loan Interest Rate
- MoneyWide Personal Loan Interest Rate
- Clix Capital Personal Loan Interest Rate
- Muthoot Finance Ltd Personal Loan Interest Rate
- InCred Financial Services Personal Loan Interest Rate
- IndiaBulls Personal Loan Interest Rate
- DHFL Personal Loan Interest Rate
- IIFL Finance Personal Loan Interest Rate
- FT Cash Personal Loan Interest Rate
- Shriram Urban Co Operative Bank Limited Personal Loan Interest Rate
- Fullerton India Personal Loan Interest Rate
- L&T Finance Personal Loan Interest Rate
- Bajaj Finserv Personal Loan Interest Rate
- Loantap Credit Products Private Limited Personal Loan Interest Rate
- AU Small Finance Bank Personal Loan Interest Rate
- Tata Capital Housing Finance Limited Personal Loan Interest Rate
- Capital First Ltd. Personal Loan Interest Rate
- Aditya Birla Finance Limited Personal Loan Interest Rate
- Poonawalla Fincorp Limited Personal Loan Interest Rate
- Privo Personal Loan Interest Rate
- Hero FinCorp Personal Loan Interest Rate