2023 2024 EduVark > Education Discussion > Banks Related


  #2  
January 10th, 2018, 08:56 AM
Super Moderator
 
Join Date: Mar 2012
Re: Union Bank Of India Is Nationalised Bank Or Not

The Indian government nationalized the Union Bank Of India in 1969.

Union Bank of India is one of the largest government-owned banks of India

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.

As of September 2016, UBI has 4214 branches.

Four of these are overseas in Hong Kong, Dubai International Financial Centre, Antwerp, and Sydney (Australia).

UBI also has representative offices at Shanghai, Beijing and Abu Dhabi. Lastly, UBI operates in the United Kingdom through its wholly owned subsidiary, Union Bank of India (UK).

Products And Services-


Deposit Schemes
Utility Schemes
Retail Credit
Priority Sector
Corporate Banking
SME Segment
United Demat
Third Party Products

Deposit Schemes

Following are offered under deposit schemes:


United Tax Savings Growth Plan
United Tax Savings Income Plan
United Bonanza Savings Schemes
Fixed Deposits
Re-Investment Plans
United Bonanza Current Deposit Schemes
Recurring Deposit
United Flexi Deposit Schemes
United Anand Deposit Schemes
Capital Gains Accounts Schemes
Savings Bank Account
United Children Savings Account
United Basic SB Account
United Current Deposit Account
United Gold and Platinum Current Deposit Schemes

Utility Schemes

NRI (Non-Resident Indian)
United Mobile Services
Forex
United Suraksha Yojana
RTGS (Real Time Gross Settlement)
OLTAS
Collection of Tax
E-Payment

Retail Credit

United Housing Loan Scheme
United Smart Loan Scheme
United Housing Loan for Pensioners
United Personal Loan Scheme for Salaried Persons
United Demand Loan Scheme
United Personal Loan Scheme for Pensioners
United Festival Loan Scheme
United Tour & Travel Credit Scheme
United Car Loan Scheme
United Consumer Loan Scheme
United Education Loan Scheme
United Shikshak Samman Yojana
United Nari Samman Yojana
United Trade Credit
United Mortgage Loan Scheme
United Cash Rental

Priority Sector

Agricultural Loans
Small Scale Industries
Road Transport Operators
Retail Trade
Professional and Self Employed Persons

Priority Sector Loans

United Bank Of India priority sector loans cover the following different types:


Small Scale Industries
Retail Trade
Agricultural Loans
Professional and Self Employed Persons
Road Transport Operators
Agricultural Debt Waiver and Debt Relief Scheme, 2008

Retail Sector Loans

United Bank Of India Retail Sector loans cover the following products:
United Smart Loan Scheme
United Personal Loan Scheme for Salaried Persons
United Personal Loan Scheme for Pensioners
United Tour & Travel Credit Scheme
United Consumer Loan Scheme
United Shikshak Samman Yojana
United Trade Credit
United Cash Rental
United Housing Loan Scheme
United Housing Loan for Pensioners
United Demand Loan Scheme
United Festival Loan Scheme
United Car Loan Scheme
United Education Loan Scheme
United Nari Samman Yojana
United Mortgage Loan Scheme

Contact-

Head Office

Union Bank Of India
11 Hemant Basu Sarani
Kolkata - 700001
Toll Free Number - 1800 - 345 - 0345
Toll Free Number for MSME sector - 1800 - 345 -3344


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