View Free Offers Documentation Requirement for Union Bank of India Used Car Loans Also, the applicant should be a resident of India. The individual can also choose to apply for the loan either singly or jointly with spouse.
To be eligible to apply for Union Bank of India used car loan, the individual should be aged at least 18 years and should hold a valid driving license. Union Bank of India Used Car Loan Eligibility You can repay the EMI through ECS, internet banking facility, post-dated cheques or directly remit from the savings account, whichever is comfortable. With processing charges as low as 0.5% of the loan amount, subject to a maximum of Rs.6000, UBI used car loan helps you save the money even while applying for a loan. Union Bank of India used car loans comes with the most competitive interest rate in the market. If the loan amount being pre-paid by the borrower is from own verifiable legitimate sources, there is no pre-payment penalty for foreclosure of loan. Get A Quote Features and Benefits of Union Bank of India Used Car Loansįor used cars, Union Bank of India offers up to 10 lakhs as loan amount for used cars not older than 3 years. With many unique benefits like attractive interest rates and easy repayment tenures, UBI’s used car loan will take you closer to your dream of owning a car.
Union Bank of India used car loan, UnionMiles, is one of the most sought-after product when it comes to vehicle financing. The bank serves to the banking needs over 49 million customers by offering services in areas like lending, asset management and deposits. A real trendsetter, Union Bank of India offers top-notch internet banking facilities to both corporate and core banking customers. In all its 93 years of operation, the bank has shown uninterrupted profit that stands as a testimony to the trust the people of India has placed on UBI. The bank now has operational presence in all major states with over 4000 branches across India. United Bank of India merged with Belgaum Bank and Miraj State Bank shortly after nationalization.
Union Bank of India’s growth was accelerated after independence when it was nationalized by the Government of India in 1969. Union Bank was established in the year 1919 and the head office building in Mumbai was inaugurated by Mahatma Gandhi in 1921.
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