Union Bank of India was set up in Mumbai in the mid twentieth century i.e eleventh November 1919 and the working in which it was headquartered later on was initiated by none other than the father of country, Mahatma Gandhi in 1921.

Union Bank of India has been instrumental in the budgetary development of India and it is effectively financing distinctive divisions of the business. Numerous areas are being profited by its acknowledge organization, for example, farming, exchanging, trades, ventures, foundation and retail and so forth and it is filling further development. Such broadened nature of financing is additionally an incredible wellspring of incomes for the bank. The working capital is overseen through ebb and flow accounts, bank accounts, term stores, renegotiate and subsidizing from abroad. The bank has more than five crore customers at display.

Developments in Union Bank of India

The bank is as of now bullish on computerization, modernization and centralization of its branches. Union Bank of India has created Core Banking Solution, which is in charge of availability and coordination of general business of the bank, and it depends on present day saving money innovation. The innovation stage utilized by the bank is in charge of the formation of several inventive items, which are respected by the clients, in light of the comfort included and the speed at which exchanges are executed through these items. The best in class innovation, empowers the bank to deal with the developing volumes of business and lessen the cost of administrations

Salary of Different Designations at UBI

Designation
Average Salary/Year
Salary Range/Year

Assistant General Manager (Monthly Salary)
Not Available
Rs.40 000 to Rs.42 000

Assistant Manager
Rs.365 000
Rs.250 000 to Rs.500 000

Assistant Manager (Monthly Salary)
Rs.25 600
Rs. 15 000 to Rs. 33 000

Assistant Manager Marketing
Not Available
Rs.510 000 to Rs.541 000

Assistant Manager – Marketing
Not Available
Rs.400 000 to Rs.437 000

Cashier (Monthly Salary)
Not Available
Rs.24 000 to Rs.25 000

Chief Manager
Rs.830 000
Rs.725 000 to Rs.928 000

CRE- Monthly Contractor
Not Available
Rs.23 000 to Rs.25 000

Credit Manager
Rs.565 000
Rs.402 000 to Rs.726 000

Deputy Manager (Monthly Salary)
Not Available
Rs.87 000 to Rs.93 000

Manager
Not Available
Rs.670 000 to Rs.723 000

Manager Credit
Rs.570 000
Rs.500 000 to Rs.600 000

Senior Manager
Rs.638 000
Rs.600 000 to Rs.700 000

Senior Manager(Monthly Salary)
Rs.45 000
Rs.33 000 to Rs.56 000

Technical Manager
Not Available
Rs.348 000 to Rs.374 000