Union Bank of India

Union Bank of India offers an extensive portfolio of financial solutions and services. The bank's operations are divided into four main segments: Treasury Operations, Retail Banking Operations, Corporate and Wholesale Banking, and Other Banking Operations. Catering to both individuals and businesses, Union Bank provides a broad spectrum of account options, including savings, current, term, recurring, dematerialized (demat), and online trading facilities. It also extends diverse credit facilities for various needs such as housing, vehicles, education, personal expenses, agriculture, and gold, alongside mortgage-backed loans and specialized financing for pensioners and Micro, Small, and Medium Enterprises (MSMEs). Beyond traditional banking, it facilitates investments through mutual funds and government savings schemes, and provides a comprehensive suite of insurance products, including life, non-life, health, and general coverage. Additional offerings include tax-saving deposit schemes, government tax collection services, pension products, and banking solutions for departmentalized ministries. Moreover, the bank extends short-term and long-term credit specifically designed for the agricultural, small-scale industries (SSI), and tertiary sectors, complemented by safe deposit locker and cheque collection services. For its corporate clientele, the bank provides robust credit solutions such as lines of credit, trade finance, working capital facilities, project funding, and channel finance. Its specialized financial advisory services cover debt structuring and restructuring, loan syndication, structured finance, mergers and acquisition (M&A) advisory, and private equity services. International trade is facilitated through cash management, Export Credit Guarantee Corporation (ECGC) cover, foreign exchange services, derivatives, and both export and import finance. The bank also offers dedicated banking services for Non-Resident Indians (NRIs), treasury products, and remittance facilities. Emphasizing modern convenience, Union Bank leverages digital platforms, providing services through mobile apps, internet banking, self-service kiosks, ATMs, and SMS banking. Furthermore, it supports point-of-sale (POS) terminals and immediate payment services, alongside a diverse portfolio of cards, including combo, debit, credit, gift, prepaid, and payroll options. Founded in 1919, the institution is headquartered in Mumbai, India.

CEO: Asheesh Pandey - https://www.unionbankofindia.co.in