A special scheme that is designed by Union Bank of India to its customers is the Union Cash. Under the scheme, a loan can be availed to meet your financial requirements for the medium term.
|Quantum of Loan||
|Nature of Loan||Term Loan|
|Rate of Interest||Contact the bank|
|Processing Fees||1% of the loan amount. However, the minimum fee is Rs.100|
|Security||Security is not required|
|Insurance||Insurance is not required|
|Penalty for Prepayment||
|Guarantee||Personal guarantee of the nominated person or spouse must be provided to avail a loan under this scheme.|
You can visit the nearest Union Bank of India branch for further details.
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