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Savings, current & salary accounts

Union Micro Digital Current Account (UMDCA)

Digital current account for small merchants with annual turnover capped at ₹40 lakh, ₹1,000 monthly and defined cash-deposit and / limits.

Interest rateCurrent accounts do not earn savings interest; no numeric interest rate is published for UMDCAAverage monthly balance₹1,000 per monthSalary requirementNot applicable; the account is assessed by business/customer type and turnover rather than salary credit
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Quick eligibility check

Union Micro Digital Current Account (UMDCA)

0 of 7 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Are you this type of customer: Small traders, retail business owners and eligible resident individuals/business entities?

2Does your annual turnover meet this requirement: annual turnover must remain at or below ₹40 lakh or the account is converted to a regular current account?

3Do you meet this requirement: Monthly AMB requirement ₹1,000?

4Do you meet this requirement: non-maintenance penalty ₹25 per month?

5Document checkDo you have this required document or proof: KYC and identity/address proof?

6Document checkDo you have this required document or proof: Business constitution and registration documents where applicable?

7Document checkDo you have at least one of these required documents: PAN/GST or other business details where required?

0 of 7 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 4 Sept 2026 · active
Offered byUnion Bank of India

India

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Account typeUnion Micro Digital Current Account (UMDCA), a current account for low-turnover small businessesView source
The page describes UMDCA as a digital current account for small traders and retail business owners.
Source
Union Micro Digital Current Account (UMDCA)
Page / section
Product overview
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Average monthly balance₹1,000 per monthView source
The page publishes an requirement of ₹1,000 per month.
Source
Union Micro Digital Current Account (UMDCA)
Page / section
Minimum balance
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Salary requirementNot applicable; the account is assessed by business/customer type and turnover rather than salary creditView source
The page sets small-business and turnover criteria and does not prescribe a salary-credit threshold.
Source
Union Micro Digital Current Account (UMDCA)
Page / section
Eligibility and turnover
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Interest rateCurrent accounts do not earn savings interest; no numeric interest rate is published for UMDCAView source
The product is a current account and the reviewed page publishes transaction/charge terms, not an interest rate.
Source
Union Micro Digital Current Account (UMDCA)
Page / section
Complete interest review
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Non-maintenance charge₹25 per month when the ₹1,000 AMB is not maintainedView source
The page states a ₹25 monthly penalty for non-maintenance.
Source
Union Micro Digital Current Account (UMDCA)
Page / section
Non-maintenance
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Debit cardClassic debit card; no issuance chargeView source
The benefits list a Classic card and the confirms no issue charge.
Source
Union Micro Digital Current Account (UMDCA)
Page / section
Benefits and card
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Cheque bookNo separate free-leaf schedule is published on the reviewed UMDCA page; current-account schedule appliesView source
The current page publishes digital, cash-deposit and card benefits but no cheque-leaf schedule.
Source
Union Micro Digital Current Account (UMDCA)
Page / section
Complete cheque-book review
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
ATM/POS and cash-deposit limits₹25,000 daily ATM cash withdrawal; ₹50,000 daily POS; free cash deposit ₹1 lakh per month and ₹50,000 per dayView source
The page publishes the daily / and monthly/daily free cash-deposit limits.
Source
Union Micro Digital Current Account (UMDCA)
Page / section
Cash deposit and /
Accessed
4 Sept 2026
Confidence
high
Open official source ↗

Benefits and features

  • Classic debit card
  • Nil folio charges
  • Monthly email statements
  • Five free Union Bank transactions per month
  • Free cash deposit up to ₹1 lakh per month
  • Digital banking up to ₹50,000 per month without charge

Eligibility

  • Small traders, retail business owners and eligible resident individuals/business entities; annual turnover must remain at or below ₹40 lakh or the account is converted to a regular current account.
  • Monthly requirement ₹1,000; non-maintenance penalty ₹25 per month.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • and identity/address proof
  • Business constitution and registration documents where applicable
  • / or other business details where required

Related official documents

Current Deposit Products — Union Bank of Indiaofficial-product-page · current · accessed 4 Sept 2026
↗
Union Micro Digital Current Account (UMDCA)official-product-page · current · accessed 4 Sept 2026
↗

Plan before applying

Try the numbers

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Account interest estimate

See roughly how much interest a steady account balance could earn over the period you choose.

Interest you may earn₹2,700two thousand seven hundred rupees
Balance including interest₹1,02,700one lakh two thousand seven hundred rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

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Customer · Published detailSmall traders and small/retail businesses

This value is copied from Union Micro Digital Current Account — published terms. Check the table notes before relying on it.

Source: Union Micro Digital Current Account (UMDCA) · Benefits and Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 9 rows · 2 columnsUnion Micro Digital Current Account — published termsView tableHide table

Scroll sideways to view every column

Union Micro Digital Current Account — published terms
ParameterPublished detail
CustomerSmall traders and small/retail businesses
Annual turnoverUp to ₹40 lakh; conversion to regular current account above this
₹1,000/month
Non-maintenance penalty₹25/month
Free cash deposit₹1 lakh/month; ₹50,000/day
/₹25,000/day ; ₹50,000/day
Digital bankingNo charge up to ₹50,000/month; normal charges above
CardClassic debit card; no issue charge
Folio chargeNil
  • Current-account schedule controls cheque and other charges not printed on the product page.
Union Micro Digital Current Account (UMDCA) · Benefits and · accessed 4 Sept 2026Open official source ↗

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