Established in 1919, Union Bank of India is one of the leading government-owned banks in India. The bank is headquartered in Mumbai. It provides a wide range of financial products and services which include Personal Banking, NRI Banking, International Banking, MSME Banking, Corporate Banking, Rural and Agricultural Banking etc. Union Bank has a strong international presence. It has expanded its operation to places like People's Republic of China, London, Abu Dhabi, United Arab Emirates, Sydney, Beijing, and Shanghai.
The Union Calamity Loan is particularly designed to help you finance the loss caused by natural calamities such floods, hurricanes and earthquakes. These natural calamities are quite unexpected and they can ruin you financially by destroying a lot of household things. And you end up spending a lot to compensate the loss caused by such calamities. So, to help you meet your expenses, Union Bank offers this Natural Calamity loan. The Natural Calamity Loan is mainly designed for the BSNL employees to help them recover from the after effects of natural calamities.
An applicant needs to meet the following eligibility conditions to avail this loan:
The Union Bank Natural Calamity Loan comes with a number of attractive features and provides excellent benefits. Listed below are the main features and benefits offered by the scheme:
The following documents are required to apply for a Natural Calamity Loan offered by Union Bank: