Union Bank of India Home Loan Schemes
| Interest rate for floating rate home loan | 6.80% to 7.40% p.a. |
|---|---|
| Interest rate for fixed rate home loan (up to 5 years) | 11.40% to 12.65% p.a. |
| Processing fee | 0.50% of the loan amount |
Also to know is, what is the interest rate of Union Bank?
Interest Rates – Deposit
| Period | < Rs. 2 Cr |
|---|---|
| 121 to 180 Days | 4.30 |
| 181 Days to <1 Year | 4.50 |
| 1 Year | 5.25 |
| >1 Year to 2 Years | 5.30 |
| S.No | Bank Name | Market Percentage |
|---|---|---|
| 1 | SBI Home Loan | 34.00% |
| 2 | HDFC Ltd | 24.13% |
| 3 | LIC Housing | 05.83% |
| 4 | ICICI Bank | 13.10% |
Besides, does Union Bank offer home loans?
Loan amounts available up to $5,000,000 on 1-unit properties. Mortgage insurance is required for loans exceeding 80% LTV. … For mortgage loans, the APR may include the interest rate plus other charges or fees (such as discount points, mortgage insurance, and origination fees).
How is Home Loan EMI calculated?
The EMI (or Equated Monthly Instalment) of your loan consists of the principal portion and the interest. Therefore, EMI = principal amount + interest paid on the loan. … Remember, the interest rate and your loan tenure are the vital deciding factors for your loan EMI.
How is interest calculated on a loan?
Calculating interest on a car, personal or home loan
- Divide your interest rate by the number of payments you’ll make in the year (interest rates are expressed annually). …
- Multiply it by the balance of your loan, which for the first payment, will be your whole principal amount.
How many years FD will double in Union Bank?
14 years
Which bank is best for monthly interest?
Banks or NBFCs with high returns are considered the best option for monthly income schemes. SBI, HDFC Bank, PNB Housing Finance and Bajaj Finserv are some of the top banks or NBFCs for the monthly interest FD schemes.
Which bank is best for savings account?
Top Banks that have the Best Savings Account for Individuals
- State Bank of India (SBI) Savings Account.
- HDFC Bank Savings Account.
- Kotak Mahindra Bank Savings Account.
- DBS Bank Savings Account.
- RBL Bank Savings Account.
- IndusInd Bank Savings Account.
What is the EMI for 20 lakhs home loan?
EMIs on a 20 lakh home loan for 30 years
| Loan Amount | Interest rate | EMI |
|---|---|---|
| Rs.20 lakh | 6.75%* | Rs.17,551 |
Which type of loan is cheapest?
To know
| Car Loan Lender | Interest Rate (in per annum) |
|---|---|
| ICICI Bank | 9.30% – 12.85% |
| HDFC Bank | 7.70% – 13.55% |
| Bank of India | 7.35% – 7.95% |
| IDBI Bank | 8.10% – 8.70% |
Which type of home loan is best?
Home
| Home Loan Interest Rates May 2021 | |
|---|---|
| Citibank | 6.65% – 7.40% |
| HDFC | 6.75% – 8.00% |
| ICICI Bank | 6.75% – 7.55% |
| Indiabulls Housing Finance Limited | 8.65% |
Is Union Bank a good bank?
Overview. With $134.7 billion in assets as of March 31, 2019, Union Bank ranked as the No. … Union Bank offers checking accounts, savings accounts, money market accounts, certificates of deposit, credit cards, mortgages, home equity lines of credit, and investment and insurance services.
Does Union Bank offer car loans?
Union Bank offers lines of credit, term loans, single-payment loans, vehicle loans, savings-secured loans, commercial real estate loans, equipment leasing, and Letters of Credit.
How do I call Union Bank customer service?
You can also
| Contact information | Additional Information | |
|---|---|---|
| Teletypewriter (TTY) | 1-800-826-7345 | Relay Service dial 7-1-1, Provide Relay Operator with 1-800-238-4486 |