United Bank of India Artisans Credit Card is a scheme designed exclusively for the Artisans. This scheme aims to provide help to the artisans by helping them acquire the money they need as part of their working capital. Artisans can borrow money on credit from the bank through this scheme at affordable interest rates and then repay it within a fixed period of time.
|Maximum Loan Amount||Rs.2, 00, 000|
|Margin on Loan||15 %|
Yes, you have to provide a security when you take a loan under the United Bank of India Artisans Credit Card scheme. You have to give the assets that you have created using the loan money as primary security. The loan should be covered by the CGTSI (Credit Guarantee Trust Fund for Small Industries) scheme. The bank does not require any additional security.
No, you do not have to provide any financial statements when you apply for the United Bank of India Artisans Credit Card.
The maximum credit limit on the United Bank of India Artisans Credit Card is Rs.2, 00, 000.
No, there are no reservations on the United Bank of India Artisans Credit Card.
The United Bank of India Artisans Credit Card scheme will be operated from all the branches of the bank except for the branches located in the metropolitan cities.
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