Overview

Union Bank of India is one of the leading public-sector banks in the country. The Bank is a listed entity, and the Government of India holds 76.99 percent of the Bank’s total share capital. The Bank, having its headquarters in Mumbai (India), was registered on November 11, 1919 as a limited company. The company was founded in 1919. Union Bank of India offers a wide variety of banking products and services across four main segments such as treasury operations, retail banking operations, corporate and wholesale banking, and other banking operations. In Treasury operations, it includes an array of account options including savings and current accounts, term, and recurring deposits, as well as demat and online trading accounts. bank’s retail loan offerings encompass home loans, vehicle loans, education loans, personal loans, and loans against property it also caters to the needs of pensioners and micro, small, and medium enterprises (MSMEs) with tailored products and loans.