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Personal, home, vehicle & other loans

Union Mortgage Loan (Loan Against Property)

A secured loan against residential, commercial or industrial property for personal needs, with published quantum from ₹5 lakh to ₹15 crore.

Interest rateCurrent Union Mortgage ROI table: self-occupied residential property 9.05%–11.10% p.a.; tenanted residential 9.30%–11.10%; self-occupied commercial/industrial 9.70%–11.60%; leased or multi-tenanted commercial 10.15%–11.85%, by CIC score.Loan amountMinimum ₹5 lakh and maximum ₹15 crore.Maximum amountMaximum ₹15 crore; minimum ₹5 lakh.
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Quick eligibility check

Union Mortgage Loan (Loan Against Property)

0 of 6 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.

1Does your age meet this requirement: Borrower must be at least 21 and not more than 70 years old at loan maturity?

Published source: Eligibility

2Are you this type of customer: The property may be residential, commercial or industrial, owned or co-owned with a close family member, and should be free from legal disputes or encumbrances?

Published source: Eligibility

3Does your annual income meet this requirement: No fixed rupee minimum income is published on the reviewed Loan Against Property page?

Published source: Minimum income

4Do you meet this requirement: approval depends on property value, repayment capacity and creditworthiness?

Published source: Minimum income

5Are you aged 21 to 70?

6Can you provide the required document: Application, , income proof, six-month bank statements and property documents?

Published source: Eligibility
0 of 6 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byUnion Bank of India

India; eligible cases subject to Union Bank terms

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 amountMinimum ₹5 lakh and maximum ₹15 crore.View source
The official page states quantum of loan minimum Rs.5 lakh and maximum Rs.15 crores.
Source
Loan Against Property — Union Bank
Page / section
Benefits and features
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Interest rateCurrent Union Mortgage ROI table: self-occupied residential property 9.05%–11.10% p.a.; tenanted residential 9.30%–11.10%; self-occupied commercial/industrial 9.70%–11.60%; leased or multi-tenanted commercial 10.15%–11.85%, by CIC score.View source
The lists effective by property type and score.
Source
Union Bank retail loan interest-rate table
Page / section
Pages 7–8 — Union Mortgage
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
EligibilityBorrower must be at least 21 and not more than 70 years old at loan maturity. The property may be residential, commercial or industrial, owned or co-owned with a close family member, and should be free from legal disputes or encumbrances.View source
The publishes age 21–70 at maturity, ownership, property types and no-dispute/encumbrance conditions.
Source
Loan Against Property — Union Bank
Page / section
— eligibility parameters
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeNo fixed rupee minimum income is published on the reviewed Loan Against Property page; approval depends on property value, repayment capacity and creditworthiness.View source
The says approval and disbursed amount depend on property value, repayment capacity and creditworthiness without a universal income floor.
Source
Loan Against Property — Union Bank
Page / section
— approval and disbursement factors
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Property insuranceInsurance for the property offered as security is required to protect against events such as natural disasters, fire and earthquakes.View source
The official states property insurance is required and gives example risks.
Source
Loan Against Property — Union Bank
Page / section
— Is insurance required?
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
APRNo separate APR figure is published; the current PDF publishes EBLR, premium and effective ROI by property type and CIC score.View source
The rate table does not provide a separate fee-inclusive calculation.
Source
Union Bank retail loan interest-rate table
Page / section
Pages 7–8 — Union Mortgage
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Loan typeLoan against property / mortgageView source
The official product name identifies this as “Union Mortgage Loan (Loan Against Property)”.
Source
Union Mortgage Loan (Loan Against Property) — official product page
Page / section
Official product name and loan classification
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
BenchmarkUnion Bank's published reference benchmark is EBLR (Repo Rate), shown as 8.00% effective 13 June 2026 on the current loans-and-advances rate page. Product-specific premiums and concessions are shown separately in the retail ROI table.View source
The official rate page lists (Repo Rate) at 8.00% with effect from 13/06/2026 and links the retail loan rate table.
Source
Interest Rates — Loans and Advances
Page / section
Reference rates table: (Repo Rate)
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Processing feeNo numeric processing-fee amount or percentage is published on the reviewed product pages or in the current retail ROI PDF for this product family. The Union Vehicle page mentions a processing-fee cheque when applying, but does not publish the fee amount on the reviewed page.View source
The vehicle page asks for a processing-fee cheque with a branch application but gives no amount; the reviewed retail contains rates and premiums, not a processing-fee schedule.
Source
Union Vehicle / Union Bank retail
Page / section
Application method; retail pages 1–12
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum amountMaximum ₹15 crore; minimum ₹5 lakh.View source
The official page publishes loan quantum from ₹5 lakh to ₹15 crore.
Source
Loan Against Property — Union Bank
Page / section
Benefits and features
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
TenureNo universal maximum tenure is published on the reviewed page/PDF for this variant; detailed scheme terms determine repayment tenure by purpose, vehicle/property and borrower profile.View source
The reviewed sources publish rate, quantum and eligibility terms for these variants but no one universal maximum tenure.
Source
Union Bank retail and product pages
Page / section
Applicable scheme pages and retail table
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNo numeric prepayment or foreclosure charge is published on the reviewed product page or current retail ROI table for this variant.View source
The reviewed source pages/ publish the product's rate and eligibility terms but no numeric prepayment/foreclosure charge.
Source
Union Bank retail and product pages
Page / section
Applicable product pages and current retail table
Accessed
30 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Minimum ₹5 lakh and maximum ₹15 crore
  • Residential, commercial and industrial property accepted subject to terms
  • Property insurance required

Eligibility

  • Borrower age 21–70 years at loan maturity; property must be owned or co-owned with a close family member and free of legal disputes/encumbrances.

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

Documents the bank lists

  • Application, , income proof, six-month bank statements and property documents.

Related official documents

Union Loan Against Property — official product pageofficial-product-page · current · accessed 30 Aug 2026
↗
Union Bank retail loan catalogueofficial-product-page · current · accessed 30 Aug 2026
↗
Union Bank retail loan interest-rate tableofficial-pdf · current · accessed 30 Aug 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine 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

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Union Mortgage quantum · Published detail₹5 lakh to ₹15 crore

This value is copied from Union Mortgage and Mortgage Plus — published terms. Check the table notes before relying on it.

Source: Union Bank retail loan interest-rate table · Pages 7–8 — Union Mortgage and Mortgage Plus Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 7 rows · 2 columnsUnion Mortgage and Mortgage Plus — published termsQuantum, property conditions and current ROI/spread terms.View tableHide table

Scroll sideways to view every column

Union Mortgage and Mortgage Plus — published terms
ParameterPublished detail
Union Mortgage quantum₹5 lakh to ₹15 crore
Age21 years minimum; must repay before age 70
PropertyResidential, commercial or industrial; owned or close-family co-owned
InsuranceProperty insurance required
Mortgage 9.05%–11.85% p.a. by property type and score
Mortgage Plus0.75% above underlying Union Home Loan ; additional 0.10% below CIBIL 700
Income floorNo universal rupee minimum published on reviewed page
Union Bank retail loan interest-rate table · Pages 7–8 — Union Mortgage and Mortgage Plus · accessed 30 Aug 2026Open official source ↗

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