Union Bank of India Gold Loan

I want to take loan from Union Bank of India. But I have no idea about its rate of interest on gold loan. Will you give me the details rate list of UBI?

You want to take load from Union Bank of India. There are important instructions to take loan from here.
Eligibility:-

All individuals are eligible to avail loan under this scheme.

Quantum of loan:-
Non-priority sector - Up to Rs. 2.00 lakh.
Priority sector -- Need based /Project based.

Consumption loan -- Up to Rs.2, 000/-.

Rate of Interest:-
You have to contact to the nearest Union Bank branch for details.

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Answered By StudyChaCha Member

up to Rs. 10.00 lacs under non priority sector .
no ceiling under non priority sector ( loan will be based on need based)
qunatum of finance : Rs. 2000 per gram

Present ROI
agriculture:
Up to rs. 2.00 lacs Base Rate +1.25%
Above rs. 2.00 lacs , up to rs. 5.00 lacs Base Rate +2.00%
Above rs. 5.00 lacs Base Rate +2.25%

Other priority sector :Base Rate +1.50%

Non Priority sector
Up to Rs. 25000 Base Rate +1.50%
Above rs. 25000 Base Rate +2.25%

No documentation charge/inspection charge

Processing charge : Nil for agriculture . Maximum 1000 for other purpose

repayment period : max 3 years.

iam worinking in axis bank in gold loan department from last10 month i want to change ajob is there opening in unionbank in gold loan dspartment

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