Union Bank is a government owned bank in India. The bank was established in 1919 and has its headquarters in Mumbai, India. The bank was mentioned in Forbes 2000 and has assets worth USD 13.45 billion. The bank has over 6420 ATMs located in all the places it has its presence. The bank has representative offices in Dubai, Abu Dhabi, Shanghai, Sydney, London and many other places. The bank is known in the country for its wide range of financial products and services designed to suit different sections of the society.
Union Cash is a personal loan product offered by the bank to retired employees in India. The finance granted for the personal loan plan will help borrowers meet their medium and small term financial requirements. It is a term loan and offers flexible repayment tenures along with an attractive rate of interest. This personal loan option requires no security or collateral.
The sole purpose of Union Cash loan plan is to provide finance to retired individuals to help them meet their medium and short term financial goals. The loan is specially designed for retired employees who draw pension or family pensioners.
Given below is the eligibility criteria for Union Cash
Listed below are some of the important features of Union Cash
Given below is a list of documents that need to be provided in order to avail Union Cash loan