Celebrating its 100th year of foundation, Union Bank of India, one of the largest Public sector banks operating in India, has an assemblage of amazing and unmatched user-friendly services. Home Loan is one of the many services it provides to various individuals to achieve the wish of owning their dream home. Founded in 1919, and the headquarter building in Mumbai being inaugurated by the Mahatma Gandhi in 1921, Union Bank of India (UBI) has more than 4200+ functioning branches pan India. Gaining the trust of people from so many years, it is no surprise for anyone why people don’t think twice before opting for a UBI home loan.
What makes the home loan of Union Bank of India more worthy to opt is the UBI Home Loan interest rate which is one of the lowest interest rates offered by any bank or financial institution in the country. The rate of interest plays a huge role in determining your monthly installments while availing the loan amount and you should check carefully of all the choices before finalizing the option. UBI Home Loan interest rate starts from 8.65% per annum and it goes up to the 8.80% per annum depending upon the loan amount you’re wanting to take. If you want to learn more about the Union Bank of India home loans and its interest rate, then this article will be a perfect read for you. Highlights of UBI Home Loan:
How to use UBI Home Loan Calculator? If you want to check the EMI (Equated Monthly Installments), Monthly interest, and the average interest amount, you can use the UBI Home Loan calculator. This calculator asks a few basic details from you such as the loan amount, Interest rate, and the tenure period (in months). By filling out these details in the calculator, you’ll get your desired results in a fraction of time. Documents required for a UBI Home Loan: To apply for a home loan from the Union Bank of India, an applicant need certain documents to get his eligibility check by the bank. Below are the documents.
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9/20/2021 05:32:50 pm
Thanks for sharing this blog. Very informative one. Mortgage loan refinances rates are the amount of extra money you have to pay to the bank along with the amount of borrowed money. Refinance might be a better option for you but you have to choose wisely what suits you.
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Anika Sharma
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