2023 2024 EduVark > Education Discussion > Banks Related


  #2  
March 23rd, 2017, 04:34 PM
Super Moderator
 
Join Date: Mar 2012
Re: Is Union Bank Of India A Government Bank

Yeah, Union Bank of India (UBI) is one of the largest government-owned banks of India (the government owns 63.44% of its share capital).

It is listed on the Forbes 2000, and has assets of USD 13.45 billion.

All the bank's branches have been networked with its 6909 ATMs as on 30 September 2015.

Its online Telebanking facility are available to all its Core Banking Customers - individual as well as corporate.

Products and Services-

Union Bank of India offers its customers various types of products and services so that they can make the most of their banking experiences.

The wide range of the services and products consist of:

Personal Banking


Accounts & Deposits – cumulative deposit scheme, deposit reinvestment certificate, monthly income scheme, union flexi-deposit, senior citizens scheme, multi gain savings account, no frills saving account, union super salary account, union classic current account

Retail Loans – union cash, union home, union health, union miles, union education, union top up, EMI calculator, union smile

Cards - Classic / Silver / Gold, Corporate Credit Cards, Add-On Cards

Insurance & Investment – mutual fund, union healthcare

Demat – demat accounts, online share trading

Payment

NRI Banking

Remittance - Union E-Remit, Nostro Details for Remittance

Savings & Deposits - NRO Non Resident Ordinary A/c Scheme, NRE Non Resident External Rupee, RFC, FCNR(B), Union Unfixed, Foreign Currency Deposit

Loan & Services – house loans, foreign currency loans, loans against deposit, immovable property, and shares or debenture

Payments - Union Bill Pay

Corporate Banking

CMS - Union Speed, Union Centralized Debits/Credits, Union Prompt
E-Tax - Customs and Direct taxes, DGFT, Central Excise and Service Tax
Trade Finance – trade finance for exporters, trade finance for importers, foreign currency loans, correspondent banking
Insurance - Non life Insurance – Corporate Agency, Insurance- Corporate Agency
Syndication of Loans
MSME Banking
Loans & Policies

Internet Banking

Account Information
Transfer of Funds
Bills
Requests
Mails
Trade
Limits
Currency
Uploads
Customization
Financial enquiries
Non Financial enquiries

Contact-

Head Office

Union Bank of India
239 Vidhan Bhavan Marg,
Central Office,
Nariman Point,
Mumbai -21
Customer care service Number: 1800 22 2244


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