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Union Bank of India Home Loan

Union Bank of India Home Loan

Union Bank of India now provides complete protection to its home loan borrowers. Now home loans from Union Bank of India come with life insurance cover equivalent to the amount of the outstanding home loan.

  • Loans available for purchase, construction, repair/improvement/extension of independent house/flat and purchase of second property or plots sold by a government-recognized agency viz., HUDA, HOUSEFED and such others.
  • Provisions of Free Building Insurance, Natural Death Insurance and Free Personal accident cover.
  • Value- added services like issue of credit card

Union Bank of India offers you a home loan with life insurance cover from SBI Life Insurance Co. Ltd., under Union Home Plus scheme. The insurance cover will be equivalent to the amount of the outstanding home loan. SBI Life takes the complete responsibility from your shoulders by becoming alone bearer of the insurance liability.

Union Bank of India offers you a home loan with life insurance cover from SBI Life Insurance Co. Ltd., under Union Home Plus scheme. The insurance cover will be equivalent to the amount of the outstanding home loan. SBI Life takes the complete responsibility from your shoulders by becoming alone bearer of the insurance liability.

Union Bank of India Home Loan Highlights:

Interest Rate0%
Loan Amount20% For purchase or construction.
For repairs, 20% of total cost of repair.
For purchase of plot, 20% of the value of the plot.
TenureMin. – 5 Yrs.
Max. – 20 Yrs.

Union Bank of India Home Loan Interest Rates

TenureInterest TypeInterest RateOffer
15 – 20 Yrs.Floating10.5 %
10 – 15 Yrs.Floating10.25 %
5 – 10 Yrs.Floating10 %
1 – 5 Yrs.Floating9.75 %
1 – 5 Yrs.Fixed10.75 %

Union Bank of India Home Loan Fees & charges

Processing Fee0.5 %

Union Bank of India Home Loan Security

Mortgage of house property

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