Well the Bank of India is one of the largest government-owned banks of India.

Micro, Small & Medium Enterprises (MSMEs) have been accepted as a major engine of economic growth and for promoting equitable development.

The major advantage of the sector for India is its high employment potential at low capital cost.

The labor intensity of the MSME sector is much higher than that of the large enterprises.

Union Bank is committed to extend its best services to MSMEs and at a very competitive price.

You can benefit immensely from cluster specific schemes formulated to suit the needs of your industry.

Union Bank Of India has adopted the Code of Commitment to MSMEs

It is formulated by BCSBI, and the MSME policy for the current year emphasizes the importance given to this segment of our loan portfolio.


MSME Union Bank Of India Interest rate

The interest rate are on the basis of the below rankings


MSME Ratings

AAA

AA

A

BBB

BB & Below

MSME Union Bank Of India Interest rate