United Bank of India Credit Card

United Bank of India was formed in the year 1950 as the United Bank of India Ltd. and was nationalized in the year 1969. The United Bank of India in 2020 merged with the Punjab National Bank.

The United Bank of India offers a wide range of financial products and services to their customers. The credit cards offered by them come under the MSME section and are given to customers, who are a part of the small enterprises. Through these credit cards, customers can avail loans at flexible tenures and enjoy various other benefits.

List of Credit Cards by United Bank of India

• United Pragati Card (For staff use only)
• United Suvidha Card

Features and Benefits of United Bank of India Credit Cards

Eligibility Criteria for United Bank of India Credit Cards

For United Pragati Credit Card:

• The applicant must be a customer of the bank holding either a SB/CA account in his/her individual capacity.
• This account must be maintained for more than 12 months.
• The applicant must be a tax payer of more Rs.20,000 in each of the last 2 financial years or having an annual income of more than Rs.4.00 lakh during the last 2 financial years.

For United Suvidha Credit Card:

• The applicant’s Aadhaar number & PAN card must be updated in the account.
• The age of the applicant must be at least 21 years.
• The applicant must have a term deposit with the bank.

Documents Required for Union Bank of India Credit Cards

For Salaried Individuals:

• 3 months' salary slip
• Form 16/ ITR of last 2 years
• Salary statement of last 6 months

For Businessman/Self-employed/Professional:

• ITR of last 2 years

United Bank of India Credit Card Fees and Charges

United Bank of India Credit Card FAQs

1. How do I apply for the United Bank of India credit cards?

   To apply for the United Bank of India credit cards, you will have to visit the nearest branch of the bank. You have to fill in the application form and provide the required documents.

2. Will I get the option of choosing both cash credit and term loans under the United Bank of India Credit Card Schemes?

   Yes, you will get the option of choosing both cash credit and term loans under the United Bank of India Credit Card Schemes.

3. Is there a credit limit on United Bank of India Credit Cards?

   Yes, there is a credit limit on United Bank of India Credit Cards. This limit is not the same for all the cards.

4. What is the repayment period for term loans taken under the United Bank of India credit cards?

   The repayment period for term loans taken under the United Bank of India credit cards varies depending on the card chosen by the borrower.

5. Does United Bank of India provide a passbook along with its credit cards?

   Yes, United Bank of India provides a passbook along with its credit cards.