Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Maximum amountPensioner: up to ₹10 lakh when age at loan is up to 70 years, or ₹5 lakh above 70 years. Family pensioner: up to ₹3 lakh.View source
The current states pensioners can get up to Rs.10 lakhs, family pensioners up to Rs.3 lakhs; the current table also shows ₹5 lakh for pensioners above 70.
- Source
- Union Cash / Union retail
- Page / section
- — maximum loan amount; Union Cash table page 10
- Accessed
- 30 Aug 2026
- Confidence
- high
Interest rateCurrent Union Cash table: EBLR + 2.10%, with effective ROI 10.10% p.a. for the listed pensioner/
The Union Cash table shows , a 2.10% premium and 10.10% effective across the listed pensioner categories.
- Source
- Union Bank retail loan interest-rate table
- Page / section
- Page 10 — Union Cash
- Accessed
- 30 Aug 2026
- Confidence
- high
EligibilityUnion Cash is for pensioners and family pensioners. Loan eligibility is assessed largely from pension, repayment capacity, age and CIBIL/Experian or other credit-information record. A spouse or specified nominee personal guarantee is required under the published FAQ.View source
The official names pension and repayment capacity, age and credit track record as factors and describes the personal guarantee requirement.
- Source
- Union Cash — Union Bank
- Page / section
- — eligibility, guarantee and loan amount
- Accessed
- 30 Aug 2026
- Confidence
- high
TenureMaximum repayment tenure is 5 years for pensioners and 3 years for family pensioners.View source
The states five years for pensioners and three years for family pensioners.
- Source
- Union Cash — Union Bank
- Page / section
- — maximum repayment tenure
- Accessed
- 30 Aug 2026
- Confidence
- high
SecurityNo collateral or security is required for Union Cash; the published FAQ separately describes a personal guarantee of a spouse or nominee in the applicable pension cases.View source
The says no collateral/security is required and describes the personal guarantee condition.
- Source
- Union Cash — Union Bank
- Page / section
- — collateral and personal guarantee
- Accessed
- 30 Aug 2026
- Confidence
- high
Processing feeThe page requires a processing-fee cheque with a branch application but does not publish a numeric fee amount in the reviewed content.View source
The application mentions a processing-fees cheque but gives no amount.
- Source
- Union Cash — Union Bank
- Page / section
- — application method
- Accessed
- 30 Aug 2026
- Confidence
- high
Prepayment / foreclosureNo numeric prepayment or foreclosure charge is published on the reviewed Union Cash page.View source
The page provides a prepayment-penalty section but no numeric charge in the reviewed content.
- Source
- Union Cash — Union Bank
- Page / section
- Prepayment penalty tab
- Accessed
- 30 Aug 2026
- Confidence
- high
BenchmarkEBLR (Repo Rate), shown as 8.00% effective 13 June 2026 on Union Bank's current loans-and-advances rate page.View source
The current 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 Union Cash table publishes EBLR, premium and effective ROI.View source
The published table provides effective , not a separate fee-inclusive .
- Source
- Union Bank retail loan interest-rate table
- Page / section
- Page 10 — Union Cash
- Accessed
- 30 Aug 2026
- Confidence
- high
Loan typeUnsecured personal-expense loan for pensioners and family pensioners; no collateral or security is required, with a personal-guarantee condition in the applicable pension cases.View source
The official page describes personal expenses and states no collateral/security is required.
- Source
- Union Cash — Union Bank
- Page / section
- Purpose; — collateral and personal guarantee
- Accessed
- 30 Aug 2026
- Confidence
- high
Minimum incomeNo fixed rupee monthly pension or annual-income threshold is published. Eligibility is assessed largely from pension, repayment capacity, age and credit-information record.View source
The lists pension and repayment capacity as the main eligibility basis but publishes no universal numeric income floor.
- Source
- Union Cash — Union Bank
- Page / section
- — loan eligibility factors
- Accessed
- 30 Aug 2026
- Confidence
- high
Benefits and features
- Pensioners up to ₹10 lakh
- Family pensioners up to ₹3 lakh
- No collateral or security required
- Instant disbursement after approval is described
Eligibility
- Loan amount is based largely on pension, repayment capacity, age and credit-information record.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Application, pension and documents, credit information and documents requested by Union Bank.
Related official documents
Union Cash — official product pageofficial-product-page · current · accessed 30 Aug 2026
↗Union Bank retail loan interest-rate tableofficial-pdf · current · accessed 30 Aug 2026
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