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 financeUp to ₹50 lakh, subject to eligibility and repayment capacity.View source
The page states personal loans up to Rs.50 lakhs depending on eligibility and repayment capacity.
- Source
- Apply for Instant Personal Loan Online Now
- Page / section
- Product description
- Accessed
- 30 Aug 2026
- Confidence
- high
Maximum tenureUp to 84 months (7 years).View source
The page states flexible repayment tenures up to 84 months (7 years).
- Source
- Apply for Instant Personal Loan Online Now
- Page / section
- Product description
- Accessed
- 30 Aug 2026
- Confidence
- high
Interest rateCurrent retail ROI table publishes score-linked Union Personal tiers from 9.05% p.a. for 800+ CIC score under tie-up/
The publishes salaried/professional and non-salaried score bands with reference rate, premium and effective .
- Source
- Union Bank retail loan interest-rate table
- Page / section
- Pages 8–10 — Union Personal
- Accessed
- 30 Aug 2026
- Confidence
- high
EligibilitySalaried and self-employed applicants are eligible. The official FAQ says a CIBIL score above 700 is ideal; approval also considers income and repayment history.View source
The lists self-employed eligibility, CIBIL above 700 as ideal, income and repayment history.
- Source
- Apply for Instant Personal Loan Online Now
- Page / section
- — eligibility factors
- Accessed
- 30 Aug 2026
- Confidence
- high
Minimum incomeNo fixed rupee salary or annual-income threshold is published. Income is considered in the approval and loan-amount assessment.View source
The official says income plays a key role but does not state a universal rupee floor.
- Source
- Apply for Instant Personal Loan Online Now
- Page / section
- — eligibility factors
- Accessed
- 30 Aug 2026
- Confidence
- high
Prepayment / foreclosurePrepayment facility is available; no numeric prepayment or foreclosure charge is published on the reviewed page.View source
The benefits list says prepayment facility is available but gives no charge amount.
- Source
- Apply for Instant Personal Loan Online Now
- Page / section
- Benefits
- Accessed
- 30 Aug 2026
- Confidence
- high
InsuranceInsurance is mandatory under the scheme. The page says credit-life insurance such as New Sampurna Loan Suraksha up to the sanctioned loan amount should be taken; the premium may be included in the financed amount.View source
The states insurance is mandatory and names New Sampurna Loan Suraksha up to the sanctioned amount.
- Source
- Apply for Instant Personal Loan Online Now
- Page / section
- — Is insurance mandatory?
- Accessed
- 30 Aug 2026
- Confidence
- high
APRNo separate fee-inclusive APR figure is published; the official retail table publishes annual effective ROI by CIC score.View source
The provides effective and premiums rather than a separate calculation.
- Source
- Union Bank retail loan interest-rate table
- Page / section
- Pages 8–10 — Union Personal
- Accessed
- 30 Aug 2026
- Confidence
- high
Loan typePersonal loanView source
The official product name identifies this as “Union Personal Loan”.
- Source
- Union Personal Loan — official product page
- Page / section
- Official product name and loan classification
- Accessed
- 30 Aug 2026
- Confidence
- high
Maximum amountUp to ₹50 lakh, subject to eligibility and repayment capacity.View source
The official page publishes personal loans up to Rs.50 lakhs depending on eligibility and repayment capacity.
- Source
- Apply for Instant Personal Loan Online Now
- Page / section
- Product description
- Accessed
- 30 Aug 2026
- Confidence
- high
TenureUp to 84 months (7 years).View source
The official page says repayment tenures can be up to 84 months (7 years).
- Source
- Apply for Instant Personal Loan Online Now
- Page / section
- Product description
- Accessed
- 30 Aug 2026
- Confidence
- high
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
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
Benefits and features
- Up to ₹50 lakh
- Up to 84 months (7 years)
- Fixed rate of interest stated
- Collateral-free facility
- Prepayment facility available
Eligibility
- CIBIL score above 700 is stated as ideal; self-employed individuals are eligible.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- , address and office/business proof, photographs, recent salary slips/ and bank statements as applicable.
Related official documents
Union Personal Loan — 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
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