Information only
Union Bank of India is a public sector bank. The Reserve Bank of India lists its registered office in Mumbai (Nariman Point). The bank was registered in Mumbai on 11 November 1919, was nationalised in 1969 and took in Andhra Bank and Corporation Bank in 2020. According to the bank's website, as of 8 November 2026, it lists digital versions of its personal, vehicle, education and gold loans and a set of MSME products. This page is an information summary, not an offer, and it does not compare the bank with other lenders.
Loans it offers
Loans listed on Union Bank of India's website
| Loan | What to know |
|---|---|
| Home loans | The bank lists a Home Loan under its retail menu. The property is the security. |
| Personal loans | A Personal Loan and a Digital Personal Loan are listed. |
| Business and MSME loans | The bank lists MSME Suvidha, Union MSME Superfast, a Mudra Loan and Union Digital Ease. Nari Shakti is also a named scheme on its menu. |
| Car loans | A Vehicle Loan and a Digital Vehicle Loan are listed. The vehicle is hypothecated to the bank. |
| Gold loans | A Gold Loan, with a straight-through version, is listed. |
| Education loans | The bank lists an Education Loan, Union Digital Education Loan and an Overseas Education Loan. Study abroad is listed as a separate product. |
Read how these loans work on LOANZ 360: home loans, personal loans, business loans, car loans, gold loans, education loans. The bank's own website is the record of its current products, schemes and terms, so confirm there before you apply.
Key facts
| Fact | Detail |
|---|---|
| Regulator category | Public sector bank (regulated by the Reserve Bank of India) |
| Registered office (RBI listing) | Mumbai, Maharashtra |
| Ownership | Majority owned by the Government of India |
| Registered | 11 November 1919, in Bombay (now Mumbai) |
| Nationalised | 1969 |
| Mergers | Andhra Bank and Corporation Bank merged into Union Bank of India with effect from 1 April 2020 |
As of 8 November 2026, RBI lists Union Bank of India as a public sector bank, and the bank's website remains the record for its merged-bank history.
Before you apply
- If you hold an account that began at Andhra Bank or Corporation Bank, confirm that your account details and KYC are current.
- For study abroad, ask how the bank treats collateral, the repayment holiday and the currency of fees. These terms are set by the bank.
- Read the Key Fact Statement (KFS) and compare offers on the annual percentage rate (APR).
- Processing, foreclosure and penal charges are set by the lender.
LOANZ 360 compares your details with each partner lender's published eligibility criteria before any application goes to a lender. This helps avoid unnecessary credit enquiries; too many lender checks in a short time can lower your score. Checking your own score does not lower it.
The interest rates page shows published rates side by side, and the lenders page explains how lenders are listed. The lending partner or information only label is drawn from live data. If this bank is information only, apply on its own website.
Union Bank of India’s own website
Last updated 12 Nov 2026