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Old March 28th, 2016, 04:24 PM
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Join Date: Nov 2011
Default Re: Union Bank of India Account Information

Union Bank of India is one of the largest government-owned banks of India which was founded in 1919. It is in the process of upgrading its representative offices in London and Sydney to branches. UBI is active in promoting financial inclusion policy and is a member of the Alliance for Financial Inclusion (AFI).

Current Account

Eligibility:-


Any Resident Individual - Single Accounts, Two or more individuals - Joint Accounts, Sole Proprietary Concerns, Partnership Firms, Illiterate Persons, Visually impaired Persons, Minors(account to be operated by Guardian), Limited Companies, Associations, Clubs, Societies, etc.

Trusts, Joint Hindu families (accounts of non-trading nature only), Municipalities, Government and Quasi-Government Bodies, Panchayats

Religious Institutions

Educational Institutions (including Universities)

Charitable Institutions

Benefits

Card Convenience

ATM cards are given to individual current accounts, joint individuals and to the accounts of proprietary concerns.

ATM card have access to the wide network of ATMs across India to withdraw cash, enquire about balance, mini statement of accounts, recharging mobiles etc.

Moreover, it enables to shop at a large number of Merchant Establishments in India.

One can also avail of ATM-cum-Debit Card, which is truly international and which can be used within and outside India, at a nominal fee.

Easy and Wide Accessibility

Transact at convenience, saving time and cost through Union Bank Internet Banking.

One can also use ATM card at any Banks ATMs, subject to nominal charges of Rs 20/ per transaction

Monitoring Your Account

Monitor and control funds through Union Bank Internet Banking or/ and through
Passbook / statement of account facility

Transaction Ease

Unlimited number of payments
Make payments by giving us standing instructions.
Remit funds from any part of the country to account.
Upcountry Cheque Collection facility

Other Benefits

Overdraft facility
Transfer of accounts between wide networks of branches without any charge
Nomination Facility - Available
Low minimum balance requirements
Internet banking facility is available
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