Hello Friends! You all must be aware of Union Bank, one of the well-known banks in our country that provides various banking facilities. But did you know that you can also apply for an instant loan from this bank? Yes, friends! Union Bank offers instant personal loans, allowing you to receive the loan amount quickly and conveniently.
Features and Benefits of Union Bank Personal Loan
- Instant personal loans of up to Rs. 1 lakh.
- Loan tenure ranges from 12 months to 60 months.
- Women applicants can avail of loans for a maximum period of 7 years.
- Both online and offline application options are available.
- No repayment charges on loan deposits.
- No collateral or security required.
If you wish to apply for a loan from Union Bank, you must meet certain eligibility criteria. Below are the necessary details:
Eligibility Criteria
- Applicant’s age should be between 21 and 56 years.
- Must be a citizen of India.
- Should have been a customer of Union Bank for at least 6 months.
- A CIBIL score of 650 or above is required.
- Must have a stable source of income for loan repayment.
By meeting these eligibility criteria, you can easily apply for a loan from Union Bank. However, you will need some essential documents for the application process, which are listed below:
Required Documents for Application
- Aadhaar Card (for identification)
- PAN Card
- Bank Account Passbook
- 6-month Bank Statement
- Income Certificate
- Domicile Certificate
- Mobile Number & Email ID
How to Apply for Union Bank Instant Loan Online
Visit the official website of Union Bank.
- Navigate to the loan section and select Personal Loan.
- Click on Apply for Loan.
- The application form will appear on your screen.
- Enter all the required information carefully and accurately.
- Submit the application form after verification.