UNION BANK OF INDIA Education Loan Customer Reviews

4.5 / 5.0 25 reviews

Ratings Summary

Customer Service
Fees & Charges
Promised Interest Rate
Responsiveness

Ratings Breakdown

5 stars
10
4 stars
11
3 stars
2
2 stars
1
1 stars
1

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Union Bank of India UNION BANK OF INDIA Education Loan Review & Rating

Union Bank of India is one of the largest public sector banks of India (the government owns 55.43% of its share capital remains public, private organisations and foreign companies. Revenue - INR211.44 billion (US$3.4 billion) At the end of March 2013 the Bank achieved total business level of Rs. 4,75,673 crore. It has assets of USD 13.45 billion and all the bank's branches have been networked with its 4129 ATMs.

More UNION BANK OF INDIA Education Loan Reviews

  • Union Bank of India Education Loan
    "family bank"
    UNION BANK OF INDIA
    0.5 5.0/5 "Blown Away!"
    Union Bank of India has been like a family bank to me. My whole family has been using its services and it is very good. The response has been good too. I have taken my educational loan from them. The process was good. The rate of interest is as per the RBO norms. There was a processing fee but it was minimal.
    Was this review helpful? 7
    , bangalore
    Reviewed on Aug 28, 2015
  • Union Bank of India
    Union Bank of India Education Loan
    "Amazing. "
    UNION BANK OF INDIA
    0.5 5.0/5 "Blown Away!"
    By considering my experience, I would say Union Bank of India as outstanding as they are customer centric. When I approached them for an educational loan they responded well and offered the interest as 10-12%. Processing charge is not that much and this is like my home bank.
    Was this review helpful? 14
    , mumbai
    Reviewed on Jun 16, 2015
  • Union Bank of India Education Loan
    "Genuine in banking..."
    UNION BANK OF INDIA
    0.5 4.0/5 "Great!"
    Infact the tenure of education loan is of 8 years but I have closed the loan in four years and I did not pay fore closure charge. For me Union Bank of India had offered 13.5% in simple rate and not in incremental basis. Simple rate is nothing but interest only for outstanding amount. The bank havenâ??t demanded for property documents for security reasons.
    Was this review helpful? 9
    , pune
    Reviewed on May 18, 2015
  • Union Bank of India Education Loan
    "Competitive interest rate"
    UNION BANK OF INDIA
    0.5 4.0/5 "Great!"
    Union bank Of india provided very low interest rate and its competitive as well including the processing charges. For educational loan, its 8.5% interest rate and I haven't faced any challenges in terms of communicating to the customer service team. I do pay the monthly payments by visiting the branch and the response provided is faster.
    Was this review helpful? 4
    , bangalore
    Reviewed on Dec 03, 2014
  • Union Bank of India Education Loan
    "Good bank"
    UNION BANK OF INDIA
    0.5 4.0/5 "Great!"
    Union Bank of India is a good bank they have provided me educational loan then and there itself as soon as I asked them, they always listen to their customer they provide 100% solution and it would be really good if they work on infra structure as everything is good and no much comments about bankbazaar.
    Was this review helpful? 4
    , new delhi
    Reviewed on Jun 04, 2014
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