Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
  • United Bank of India Swarojgar Credit Card

    The United Bank of India Swarozgar Credit Card helps small artisans, fishermen, weavers, rickshaw owners, etc. by providing them with a term loan or a working capital loan or both. They can use the loan money to invest in their business and meet their working capital requirements at low interest rates. More

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    Features and Benefits of United Bank of India Swarozgar Credit Card

    • Flexible Term Loan Tenure - The term loan is very flexible and has to be repaid within a period of 5 years in installments.
    • Loan Amount - Under the United Bank of India Swarozgar Credit Card scheme, the bank provides a loan of Rs.25, 000 per applicant. If a borrower wants a loan of more than Rs.25000, they will be covered in special cases only
    • Type of Loan - A United Bank of India Swarozgar Credit Card holder can avail a term loan or cash credit or both
    • Validity - The United Bank of India Swarozgar Credit Card scheme is valid for 5 years provided the cardholders meets all the parameters laid down by the bank.
    • Interest rate - United Bank of India offers attractive rates of interest, which are highly affordable on Swarozgar Credit Card loans

    Eligibility

    • Small artisans, service sector, handloom weavers, self- employed individuals, fishermen, owners of rickshaws, other micro entrepreneurs, etc. in metro or urban or semi urban or rural areas are eligible for this card

    To get more information on the eligibility criteria of United Bank of India Swarozgar Credit Card, please contact the bank.

    Fees and Charges of UBI Swarozgar Credit Card

    Type Amount
    Loan Amount Rs.25, 000
    Subsidy No subsidy
    Margin on Loan No margin

    FAQs on United Bank Swarozgar Credit Card

    1. Do I have to provide any security when I apply for a United Bank of India Swarozgar Credit Card?
    2. Any assets that you create using the loan will be considered as security by the bank. Apart from this, the bank does not require any collateral security.

    3. For how long is the United Bank of India Swarozgar Credit Card valid?
    4. The United Bank of India Swarozgar Credit Card is valid for 5 years.

    5. When do I have to repay my loan?
    6. You have to repay your loan in a period of 5 years.

    7. From which branch of the United Bank of India can I avail this card?
    8. You can avail this card from all the branches of United Bank of India which are not located in the metropolitan cities.

    9. Will I get a passbook with the United Bank of India Swarozgar Credit Card?
    10. Yes, you will get a passbook with the United Bank of India Swarozgar Credit Card.

      

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