You can avail a mortgage loan from Union Bank of India at interest rates ranging between 10.20% and 11.05% p.a. for general applicants and 8.80 to 11.05% p.a. for Government employed applicants, and flexible repayment tenure. You can avail a mortgage loan from the Union Bank of India to meet the various personal expenses of yours.
You will have to meet the following eligibility criteria in order to avail the Union Bank of India Mortgage Loan scheme:
Quantum of Loan
|Rs.10 Crore||Rs.1 Crore||Rs.5 Crore|
The repayment tenure will be the lowest of one of the following:
Given below is the list of documents you will have to submit in order to avail the Union Bank of India Mortgage Loan:
Given below are the steps you will have to follow in order to avail the Union Bank of India Mortgage Loan Scheme:
You can also visit the nearest branch of Union Bank of India along with the necessary documents to apply for a mortgage loan. A representative of Union Bank of India will help you with the process of applying for a personal loan.
The processing fee levied on the loan amount is 0.50% of the loan amount + GST.
There is no prepayment penalty levied on your loan amount if the loan is adjusted by you from your own verified legitimate sources. However, if your loan is taken over by any other lender, then a prepayment penalty of 2% will be charged on the average balance of the preceding one year.
It will take the lender up to 7 days to approve your mortgage loan.
You can repay the mortgage loan through the following ways:
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.