I want to avail Overdraft facility of Union Bank of India and for that I want to get the details of limit of Overdraft facility of Union Bank of India so can you provide me that?

As you want to get the details of limit of Overdraft facility of Union Bank of India so here is the information of the same for you:

ELIGIBILITY:
Indian citizen above 21 years.
Salaried people who have salary account with bank.
Or Pensioners who draw their pension from bank.

QUANTUM OF LOAN
Maximum of 90% of one month's salary / pension

MARGIN
10%

MORATORIUM PERIOD
NIL

REPAYMENT
Entire overdraft amount plus interest to be recovered from next month's salary / pension.
If requested, repayment by EMIs with a maximum repayment period of 3 months can be permitted

SECURITY
No security is required

GUARANTEE
No guarantee is required

INSURANCE
No insurance is required.

Interest Rates:











LIST OF DOCUMENTS REQUIRED:
Proof of identity (any of the following)
Passport
PAN Card
Employee identity card
Any other valid proof

Proof of address (any of the following)
Electricity bill
Telephone bill
Ration card
Any other valid proof

PAN Card

3 photographs

Proof of out-goes
Loan repayment statement, if any
LIC Policies, if any
Valid proof of any other out-go

Any other document required as per the application form

Application Form:




Contact Details:
Union Bank Of India-Connaught Place
14/15-F,
Vimala Nagar Market
Middle Cir
Block M,
Connaught Place
New Delhi,
Delhi 110001
India

Map Location: