Union Bank of India Personal Loan of 30000

Union Bank of India personal loans provide a convenient solution for individuals needing financial assistance for various purposes, such as home renovation, debt consolidation, or emergencies. An instant 30,000  personal loan from Union Bank of India offers competitive interest rates and flexible repayment terms. The Union Bank of India personal loans are designed to cater to a wide range of customers' financial needs. The application process is straightforward, with minimal documentation and quick disbursement, making it an appealing choice for those in urgent need of funds. However, potential borrowers should consider their repayment capacity and be aware of additional fees & charges. Reviewing the loan's terms carefully and assessing one's financial situation before proceeding is advisable.

Union Bank of India 30,000 Personal Loan Options

If you plan to take a 30,000 personal loan from Union Bank of India, here are the available loan options:- 

• Union Personal Scheme for Salaried Individuals Other than Government Employees
• Union Personal Loan – Non Salaried
• Personal Loan Under Special Retail Lending Scheme for Government Employees 
• Union Professional Personal Loan Scheme

Features of Union Bank of India 30,000 Personal Loan

The following are the features of the Union Bank of India 30,000 Personal Loan: 

• Competitive Interest Rates
• Flexible Repayment Options
• Quick Approval and Disbursement
• Minimal Documentation
• No Collateral Required

Can I Get 30,000 Instant Personal Loan from Union Bank of India?

Urban Money provides a seamless opportunity to obtain a personal loan of up to 30,000 with immediate fund disbursement, standing out as one of India’s leading fintech platforms. It hosts a comprehensive selection of loan and credit offerings from more than 50 financial institutions, including notable lenders like Union Bank of India. The platform enables users to effortlessly compare different credit solutions, evaluate their loan eligibility, calculate prospective monthly repayments, and select the most suitable option for their financial requirements. Following this, a dedicated personal loan specialist from Urban Money will guide you through the application process until the loan is disbursed into your account, typically within 24 business hours.

What is the EMI for 30,000 Personal Loan?

Following are the 30,000 personal loan EMI, with loan tenures ranging from 1 year to 5 years: 

30000 Personal Loan Eligibility Union Bank of India

For Union Personal- Salaried (other than Government employees)

The loan scheme is categorised into two types, each with its specific eligibility criteria:

Tie-up Category:

• Applicants may or may not have their salary account with Union Bank of India.
• A minimum monthly gross salary requirement of Rs 15,000, which increases to Rs 20,000 for those residing in Delhi, Mumbai, Bangalore, Kolkata, Pune, Chennai, and Ahmedabad.

Non-Tie-up Category:

• Applicants must have been Union Bank of India customers for at least 6 months before loan application.
• A salary account with Union Bank of India is mandatory.
• A minimum gross monthly salary of Rs 15,000 is required, with the threshold raised to Rs 20,000 for applicants living in Ahmedabad, Pune, Bangalore, Delhi, Kolkata, Mumbai, and Chennai.

For Union Personal Loan – Non-salaried

• The minimum age requirement at the time of application is 25 years.
• The loan must mature by the time the applicant reaches 75 years of age.
• Applicants must have been bank customers for at least 2 years before applying.
• It is a requirement to hold a current/ savings account with Union Bank of India, maintaining an average quarterly balance of Rs 25,000 for the past four quarters.
• The account history should be free from cheque returns or any adverse reports.

For Union Personal – Special Retail Lending Scheme for Government Employees

• Applicants must be at least 18 years old at the time of applying for the loan.
• Having an account with Union Bank of India is not a mandatory requirement for applicants.
• The government must employ the primary applicant.

For Union Professional Personal Loan

• Open to both salaried and non-salaried individuals in professions such as Doctors, Engineers, Chartered Accountants, Company Secretaries, and Cost Accountants.
• The minimum age requirement for salaried applicants is 18 years, and for non-salaried applicants, it is 25 years at the time of the loan application.
• The maximum age at loan maturity for salaried individuals is their retirement age, while for non-salaried individuals, it is up to 65 years.
• Applicants must have an annual salary or earnings of Rs 12 lakh or more.

Union Bank of India 30,000 Personal Loan Documents Required

The following documents are required to apply for a 30,000 Union Bank of India Loan: 

• Filled application form and credit information.
• Two recent passport-size photographs.
• ID Proof: Passport, PAN, Aadhaar, Voter ID.
• Address Proof: Passport, Aadhaar, Driving License.
• Proof of business/office address.
• Bank statements from the last 12 months.
• For salaried individuals:

1. Salary slips for the last 3 months.
2. Income Tax Returns (ITR) or Form 16 for the last 2 years.

How to Apply for 30,000 Personal Loan From Urban Money

The application process to apply for 30,000 Union Bank of India Personal Loan is outlined below:

• Navigate to the Urban Money website.
• Choose “Personal Loan” from the “Loan” section on the homepage.
• You will be taken to the “Personal Loan” page.
• Scroll to find the list of top banks/ NBFCs in India.
• Locate “Union Bank of India” and select the “Apply Now” option.
• An online form will be displayed.
• Complete the form with your name, mobile number, and city.
• A 6-digit OTP will be sent to your mobile.
• Enter the OTP and click on the “Submit” button.
• A loan specialist from our team will be in touch with you shortly.