Union Bank Personal Loan Details With Interest Rate

Union Bank Personal Loans

 Purpose

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.

Eligibility

• To avail "Union Personal - for salaried individuals" 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

Margin, I.E. Your Share

• Nill

Moratorium Period

• Nill

List Of Documents

• Proof of identity (any of the following)

Passport

PAN Card

Employee identity card

Any other valid proof

• Proof of address (any of the following)

Electricity bill

Telephone bill

Aadhar

Any other valid proof

PAN Card.

• Proof of income

Last one year ITR

Form-16/ letter from Employer

Last 6 months salary slip

3 photographs

• Proof of out-goes

Loan repayment statement, if any

LIC Policies, if any

Valid proof of any other out-go

Any other document required as per the application form.

Application form

To download the application form, please click here.