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The loan is hypothecated against security.
Business loan union bank. Are you planning to a take personal loan. This loan is applicable for all business firms carrying out business operations for at least a period of 2 years. High tenure option as there are some banks which offer high tenure option union bank of india is one of them which offers you a high tenure option to repay the loan amount up to 10 years.
Union bank e taxes fees payments donations credit card bill payments. Because of this it is important to find the best commercial or small business loan that fits within your financial plan and budget. Union bank personal loan.
The union bank of india eases the functioning of micro small and middle enterprises by providing them with the business loan under various schemes. Union bank is an sba preferred lender offering specialized guidance through the application process and expedited closing for eligible loans. The business loan offered by city union bank is termed as easy business loan that offers funding at an interest rate of 12 50 onwards.
In accordance with the provision of micro small medium enterprises we provide loan for small business and industries apply for msme loan now. Individuals huf and firms involved in real estate and other speculative activities cannot apply for the scheme. 25 00 00 000 and for the maximum period of 10 years.
Union bank of india is the government owned bank as the major part of its share capital is owned by the government. The interest rate offered under this scheme is 10 onwards. For use by union bank only.
Benefits of taking loan from union bank of india. Below points you can understand why to opt business loan from the union bank of india. The bank offers various types of msme loans that include working capital loans cash credit letter of credit bills finance and business loans for its customers.
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