2023 2024 EduVark > Education Discussion > General Discussion


  #2  
June 7th, 2016, 11:50 AM
Super Moderator
 
Join Date: Mar 2012
Re: Services Provided By Union Bank Of India

Union Bank of India is one of the largest government-owned banks of India. The Bank was established on 11 November 1919.

The bank had 4196 branches in India as on 31 March 2016 and to add to it 4 overseas branches.

It has representative offices in Abu Dhabi, United Arab Emirates, Beijing, Peoples Republic of China, London and Shanghai, and branches in Hong Kong, Dubai (Dubai International Financial Centre), Antwerp in Belgium and Sydney in Australia.

UBI is active in promoting financial inclusion policy and is a member of the Alliance for Financial Inclusion (AFI).

Products and Services-


Union Bank of India offers its customers various types of products and services

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
Cards –
Classic / Silver / Gold, Corporate Credit Cards, Add-On Cards
Insurance & Investment – mutual fund, union healthcare
Retail Loans –
union cash, union home, union health, union miles, union education, union top up, EMI calculator, union smile
Demat – demat accounts, online share trading
Payment

Corporate Banking

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

NRI Banking

Loan & Services – house loans, foreign currency loans, loans against deposit, immovable property, and shares or debenture
Payments - Union Bill Pay
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

Internet Banking-

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

Contact details-

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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