Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Loan purposePurchase or construction of a house in a semi-urban or rural area, or repair, improvement or extension of an existing residential property.View source
The official page describes Union Awas as a special scheme for house purchase/construction and repair/improvement/extension in semi-urban or rural areas.
- Source
- Awas Yojana — Union Awas
- Page / section
- Purpose
- Accessed
- 30 Aug 2026
- Confidence
- high
Interest rateThe current retail ROI PDF lists Union Home/Union Awas score-linked effective ROI tables; the exact Union Awas rate depends on the applicable score, borrower type, loan quantum and current scheme terms.View source
The Awas page links rate-of-interest and processing-charge terms; the current retail publishes the related score-linked home-loan rate tables.
- Source
- Union Bank retail loan interest-rate table
- Page / section
- Union Home/Awas rate tables, pages 1–4
- Accessed
- 30 Aug 2026
- Confidence
- high
EligibilityThe scheme is for house purchase/construction or residential-property repair/improvement/extension in semi-urban or rural areas, subject to Union Bank's eligibility, margin, security and repayment conditions.View source
The official page identifies the area and residential purposes for the scheme.
- Source
- Awas Yojana — Union Awas
- Page / section
- Purpose and eligibility tabs
- Accessed
- 30 Aug 2026
- Confidence
- high
Maximum amountNo universal Union Awas maximum amount is published on the reviewed product page; quantum is determined under the scheme's loan-amount and margin rules.View source
The page exposes a Quantum of Loan section but no universal numeric maximum in the reviewed content.
- Source
- Awas Yojana — Union Awas
- Page / section
- Quantum of Loan tab
- Accessed
- 30 Aug 2026
- Confidence
- high
Processing feeNo numeric processing-fee amount is published in the reviewed Union Awas page or current retail ROI PDF.View source
The page provides a processing-charges section but the reviewed content does not state a numeric fee.
- Source
- Union Awas / Union Bank retail
- Page / section
- Rate of interest and processing charges tab; retail
- Accessed
- 30 Aug 2026
- Confidence
- high
TenureNo universal Union Awas repayment tenure is published on the reviewed page; the scheme's repayment-tenure conditions vary by purpose and borrower assessment.View source
The page links repayment tenure but no one universal maximum is shown in the reviewed content.
- Source
- Awas Yojana — Union Awas
- Page / section
- Repayment tenure tab
- Accessed
- 30 Aug 2026
- Confidence
- high
Prepayment / foreclosureNo numeric prepayment or foreclosure charge is published in the reviewed Union Awas page.View source
The page provides a prepayment-penalty section but no numeric charge in the reviewed content.
- Source
- Awas Yojana — Union Awas
- Page / section
- Prepayment penalty tab
- Accessed
- 30 Aug 2026
- Confidence
- high
BenchmarkApplicable Union Home/
The benchmark page lists (Repo Rate) at 8.00% effective 13/06/ 2026.
- Source
- Interest Rates — Loans and Advances
- Page / section
- (Repo Rate)
- Accessed
- 30 Aug 2026
- Confidence
- high
APRNo separate APR figure is published; the issuer presents EBLR-linked annual ROI and processing-charge terms.View source
The current retail table publishes reference rate, premium and effective , not a separate .
- Source
- Union Bank retail loan interest-rate table
- Page / section
- Union Home/Awas tables
- Accessed
- 30 Aug 2026
- Confidence
- high
Minimum incomeNo fixed rupee salary or annual-income threshold is published on the reviewed Union Awas page or current retail ROI PDF; the scheme exposes eligibility, margin, quantum and repayment-capacity assessment instead.View source
The reviewed Awas page and current retail rate publish scheme and pricing terms but no universal rupee income floor.
- Source
- Awas Yojana — Union Awas / Union retail
- Page / section
- Eligibility, quantum, margin and repayment tabs; current retail table
- Accessed
- 30 Aug 2026
- Confidence
- high
Geographic limitsThe scheme is for house purchase/construction or residential-property repair/improvement/extension in semi-urban or rural areas, subject to Union Bank's eligibility, margin, security and repayment conditions.View source
The manually reviewed product record states: “The scheme is for house purchase/construction or residential-property repair/improvement/extension in semi-urban or rural areas, subject to Union Bank's eligibility, margin, security and repayment conditions.”.
- Source
- Union Awas — official product page
- Page / section
- Published product metadata
- Accessed
- 30 Aug 2026
- Confidence
- high
Benefits and features
- Purchase or construction of a house
- Repairs, improvements or extension of an existing residential property
- calculator and scheme-specific rate, margin and security terms
Eligibility
- Scheme is specifically for semi-urban or rural residential property purposes.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Application, , income proof, property documents and other documents requested under the Union Awas scheme.
Related official documents
Union Awas — official product pageofficial-product-page · current · accessed 30 Aug 2026
↗Union Bank retail loan interest-rate tableofficial-pdf · current · accessed 30 Aug 2026
↗