Union Bank of India Home Loan
Union Bank of India provides the lowest home loan rates in India with waived processing fees and special focus on green building loans.
Key Highlights
Union Bank of India Home Loan Interest Rates
Current interest rates as per latest updates
* Interest rates are subject to change based on RBI guidelines and your credit profile.
* Final rates depend on loan amount, tenure, and creditworthiness.
Features & Benefits
Key Features
- CIBIL-based pricing
- Green home loans
- Special schemes
Special Offers
- Lowest starting rates in India at 7.25%
- Waived processing fees
- Green building loan benefits
Pros and Cons
Advantages
- Lowest starting rates
- Waived processing fee
- Green building benefits
Considerations
- Manual processes
- Limited digital features
Union Bank of India Home Loan Eligibility
Check if you meet the eligibility criteria
- Age: 18-65 years
- Minimum income: ₹12,000 per month
- CIBIL Score: 650+ acceptable
- Regular income source
Documents Required
Keep these documents ready for quick processing
- KYC documents
- Income proof
- Bank statements
- Property documents
- Employment verification
Apply for Union Bank of India Home Loan
Start your home loan application process today
Compare with Other Banks
See how Union Bank of India compares with other lenders
Frequently Asked Questions
What is the minimum income required for Union Bank of India home loan?
The minimum income requirement varies based on your location and employment type. Generally, it ranges from ₹10,000 to ₹25,000 per month.
How long does Union Bank of India take to approve a home loan?
The approval process typically takes 7-15 working days, depending on document verification and property evaluation.
Can I prepay my Union Bank of India home loan?
Yes, you can prepay your home loan. Some banks may charge prepayment penalties, so check the terms and conditions.
Important Disclaimer
• All information provided is for reference purposes only and subject to change.
• Interest rates and fees are indicative and may vary based on your profile and market conditions.
• Loan approval is subject to the bank's terms and conditions and credit assessment.
• Please verify all details with the bank before making any financial decisions.