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Key Features of Union Bank of India Project Loans

  • Purpose: Designed to fund new business projects, including greenfield enterprises in manufacturing, services, trading, or agriculture-allied activities. Supports capital expenditure (e.g., machinery, equipment, or infrastructure) and working capital needs for project implementation.
  • Loan Amount: Varies based on the project’s cost and borrower’s eligibility. Under schemes like Stand-Up India, loans range from ₹10 lakh to ₹1 crore for greenfield projects. Specific MSME loan products (e.g., Union MUDRA) offer up to ₹10 lakh for micro-enterprises.
  • Margin: Borrowers typically need to contribute 15% of the project cost as margin. Subsidies from state or central government can be treated as margin money, provided the borrower contributes at least 10% of the project cost from their own resources.
  • Interest Rates: Competitive and determined based on the applicant’s credit rating, loan amount, and tenure. For MUDRA loans, rates start at 10.50% p.a. for Shishu loans (up to ₹50,000). MSME loans are linked to the External Benchmark Lending Rate (EBLR), with an additional credit risk premium for term loans exceeding one year.
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    • Security: Primary Security: Assets created from the bank’s finance (e.g., machinery or property) are charged to the bank via mortgage or hypothecation. Collateral Security: May include immovable properties, liquid assets (e.g., NSCs, KVPs, LIC policies), or other guarantees. For certain schemes like equipment finance for hospitals, no collateral or CGTMSE coverage may be required if eligibility criteria are met. Some loans (e.g., MUDRA loans) may require hypothecation of stocks, book debts, or assets purchased, with personal guarantees from promoters/partners but no third-party guarantor.
    • Repayment Tenure: Flexible repayment periods, typically up to 7 years for schemes like MUDRA loans. For MSME loans, tenures can extend up to 15 years depending on the scheme (e.g., Union Textile). No moratorium period is explicitly mentioned, but repayment structures are tailored to project cash flows.
    • Eligibility: Available to MSMEs, startups, contractors, and specific groups like SC/ST or women entrepreneurs under schemes like Stand-Up India. For Stand-Up India, applicants must be SC/ST or women entrepreneurs above 18 years, with 51% shareholding/control in non-individual enterprises. Micro-enterprises under MUDRA require a 6-month-old bank account with a scheduled commercial bank.
    • Working Capital Support: Working capital can be sanctioned as a Cash Credit Hypothecation (CCH) limit or overdraft facility (up to ₹10 lakh). A RuPay Debit Card may be issued to borrowers. Schemes like Union Turnover Plus provide working capital based on projected sales turnover for MSMEs using digital channels.
    • Specialized Schemes: Union Stand-Up India: Targets SC/ST and women entrepreneurs for greenfield projects. Union MUDRA: Offers Shishu (up to ₹50,000), Kishore (₹50,001–₹5 lakh), and Tarun (₹5,00,001–₹10 lakh) loans for micro-enterprises. Union Contractor Scheme: Provides term loans and working capital for contractors in railway, mining, electrical, or construction sectors. Union Solar: Finances solar panel installation for businesses adopting green energy. Union Start-Up Scheme: Supports innovative business ideas with scalability and employment potential. Union Nari Shakti: Offers attractive rates for women entrepreneurs.
    • Application Process: Digital Application: Online applications are available for a seamless, hassle-free experience, with quick submission and tracking. Offline: Applications can be submitted at Union Bank branches or Union Loan Points (ULPs). For MUDRA loans, Aadhaar OTP-based online submission is available.
    • Processing Time: Varies by loan type; Shishu MUDRA loans take 7–10 days, while other categories depend on the bank’s processing timeline. MSME loans benefit from swift approval processes, especially via digital platforms.
    • Documentation: General Requirements: KYC documents, proof of residence/business address, income proof, and business continuity proof. Additional documents may be required based on the loan scheme. For MSME Loans: Audited balance sheets (last 3 years), GST assessment orders, project reports (including machinery costs, supplier quotations), and order book/contracts. Specific schemes may require tailored documents (e.g., MUDRA loans need PAN, Aadhaar, and updated address).
    • Additional Benefits: No Prepayment Penalty: MUDRA loans offer a 3-day cooling-off period with no prepayment charges. Government-Backed Schemes: MUDRA and Stand-Up India are supported by the Government of India, enhancing accessibility. Focus on Inclusivity: Preference for women, SC/ST, and OBC entrepreneurs in certain schemes. Minimal Processing Fees: Competitive fees for MSME loans.
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Benefits of Project Loans

  • Funding for New Ventures: Enables financing for greenfield projects, business expansion, or modernization, covering capital expenditure (e.g., machinery, equipment, infrastructure) and working capital needs.
  • Flexible Loan Amounts: Offers a range of loan sizes, from ₹10 lakh to ₹1 crore under schemes like Stand-Up India, and up to ₹10 lakh for micro-enterprises under Union MUDRA, tailored to project requirements.
  • Competitive Interest Rates: Linked to the External Benchmark Lending Rate (EBLR) with reasonable credit risk premiums; for example, MUDRA Shishu loans start at 10.50% p.a., making borrowing cost-effective.
    • Long Repayment Tenure: Provides flexible repayment periods, up to 7 years for MUDRA loans and up to 15 years for certain MSME schemes, aligning with project cash flows to ease repayment pressure.
    • Minimal Borrower Contribution: Requires only 15% margin from borrowers, with government subsidies potentially covering part of it, reducing the upfront financial burden.
    • Collateral Flexibility: Offers options like hypothecation of assets or no collateral for specific schemes (e.g., equipment finance for hospitals or CGTMSE-covered loans), making loans accessible to smaller businesses.
    • Support for Diverse Sectors: Caters to various industries, including manufacturing, services, trading, agriculture-allied activities, and specialized sectors like solar energy, textiles, and contracting.
    • Inclusivity Focus: Prioritizes underserved groups such as SC/ST and women entrepreneurs through schemes like Stand-Up India and Union Nari Shakti, promoting equitable access to finance.
    • Working Capital Support: Includes Cash Credit Hypothecation (CCH) limits or overdraft facilities (up to ₹10 lakh) to ensure smooth project operations, often with a RuPay Debit Card for convenience.
    • No Prepayment Penalty: For MUDRA loans, a 3-day cooling-off period allows prepayment without charges, offering flexibility to borrowers who repay early.
    • Government-Backed Schemes: Programs like MUDRA and Stand-Up India are supported by the Government of India, enhancing credibility and accessibility for micro and small enterprises.
    • Streamlined Application Process: Offers digital application options for quick submission and tracking, alongside offline support at branches or Union Loan Points (ULPs), ensuring ease of access.
    • Quick Processing: Fast approval for certain loans (e.g., MUDRA Shishu loans processed in 7–10 days), enabling timely project execution.
    • Minimal Processing Fees: Competitive fees for MSME and project loans reduce the overall cost of borrowing.
    • Customized Solutions: Schemes like Union Start-Up, Union Solar, and Union Contractor cater to specific business needs, providing tailored financial support for innovative or niche projects.
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How to Apply for Project Loans

  • 1. Check Eligibility
    • Ensure you qualify for the desired scheme:
    • MSME Loans: For micro, small, or medium enterprises in manufacturing, services, or trading.
    • Stand-Up India: SC/ST or women entrepreneurs (18+ years) for greenfield projects (₹10 lakh–₹1 crore).
    • MUDRA Loans: Micro-enterprises with a 6-month-old bank account (up to ₹10 lakh).
    • Other Schemes: Review criteria for Union Solar, Union Contractor, or Union Nari Shakti on the bank’s website.
    • Confirm your project fits the loan purpose (e.g., capital expenditure or working capital).
  • 2. Gather Documents
    • General Documents:
    • KYC: Aadhaar, PAN, Voter ID, or other ID/address proof.
    • Business proof: GST registration, Udyam Registration, or shop license.
    • Income proof: ITR (2–3 years) or financial statements.
    • Bank statement (6 months, for MUDRA or others).
    • Project-Specific Documents:
    • Project report (costs, machinery details, supplier quotes, cash flow projections).
    • Audited balance sheets (last 3 years, for MSME loans).
    • GST assessment orders or sales records.
    • Contracts/orders (for Union Contractor Scheme).
    • Scheme-Specific Documents:
    • Stand-Up India: SC/ST proof or gender verification; 51% shareholding proof for non-individuals.
    • MUDRA: Business continuity proof; no third-party guarantor details.
    • Collateral documents (e.g., property papers or asset hypothecation) if required.
    • Prepare digital copies for online applications.
  • 3. Select Application Mode
    • Online:
    • Visit www.unionbankofindia.co.in or the MSME loan portal.
    • Go to “Loans” or “MSME” and choose the appropriate scheme (e.g., MUDRA, Stand-Up India).
    • Fill in personal, business, and project details.
    • Upload documents and submit the application; note the application ID for tracking.
    • Offline:
    • Visit a Union Bank branch or Union Loan Point (ULP).
    • Collect and fill out the application form for the selected scheme.
    • Submit the form along with the required documents and collect the acknowledgment receipt.
  • 4. Application Review
    • The bank evaluates your project’s viability, credit history, and submitted documents.
    • A site visit or request for additional documents may occur.
    • Collateral valuation (if applicable) is also done during this stage.
  • 5. Loan Approval
    • If approved, you will receive a sanction letter detailing loan amount, interest rate, tenure, and margin/security requirements.
    • MUDRA Shishu loans usually take 7–10 days; timelines for others may vary.
    • Accept the terms to proceed to the next steps.
  • 6. Disbursement
    • Sign the loan agreement and complete formalities (asset hypothecation, mortgage, etc.).
    • Pay the margin amount (typically 15%, reduced if subsidies apply).
    • Loan amount is credited to your account or paid directly to suppliers (e.g., for equipment purchase).
    • Working capital limits (like Cash Credit) may come with a RuPay Debit Card.
  • 7. Monitor Application
    • Track your application status online using the application ID.
    • Quickly respond to any additional document requests to avoid processing delays.

Eligibility Criteria for Union Bank Of India Project Loans

  • Applicant Type
    • Individuals, proprietorships, partnerships, private/public limited companies, or trusts engaged in business activities.
    • MSMEs (micro, small, and medium enterprises) as per the MSMED Act, 2006, in manufacturing, services, trading, or agriculture-allied sectors.
    • Startups or entrepreneurs with viable business projects.
  • Business Purpose
    • Loans are for greenfield projects, business expansion, modernization, or working capital needs.
    • Projects must demonstrate viability, with a detailed project report showing costs, revenue projections, and repayment capacity.
  • Creditworthiness
    • Satisfactory credit history with no defaults.
    • For MSME loans, a good credit rating as per the bank’s internal assessment or external credit rating agencies.
  • Margin Contribution
    • Borrowers must contribute at least 15% of the project cost as margin (10% if government subsidies are available).
  • Bank Account
    • A 6-month-old account with a scheduled commercial bank (mandatory for MUDRA loans; preferred for others).
  • Documentation
    • Valid KYC (Aadhaar, PAN, Voter ID, etc.), business proof (GST registration, Udyam Registration), and financials (ITR, audited balance sheets for 2–3 years).
  • Scheme-Specific Eligibility Criteria
    • Union MSME Loans
      • Eligible Entities: Micro, small, and medium enterprises registered under the MSMED Act, 2006.
      • Sectors: Manufacturing, services, trading, or agriculture-allied activities.
      • Purpose: Capital expenditure (e.g., machinery, infrastructure) or working capital for new/expansion projects.
      • Additional Requirements:
        • Udyam Registration Number.
        • Existing businesses must provide audited financials (last 3 years) and GST returns.
        • New projects require a detailed project report with supplier quotations and cash flow projections.
    • Stand-Up India
      • Eligible Applicants:
        • SC/ST or women entrepreneurs aged above 18 years.
        • For non-individual entities, SC/ST or women must hold at least 51% shareholding and controlling stake.
      • Purpose: Greenfield projects in manufacturing, services, trading, or agriculture-allied sectors.
      • Loan Amount: ₹10 lakh to ₹1 crore.
      • Additional Requirements:
        • Proof of SC/ST status (caste certificate) or gender (for women).
        • No prior defaults with any bank or financial institution.
        • Project must be new, not an expansion of an existing business.
    • Union MUDRA Loans
      • Eligible Entities: Micro-enterprises or non-corporate, non-farm small/micro businesses.
      • Sectors: Manufacturing, trading, services, or agriculture-allied activities (e.g., poultry, beekeeping).
      • Loan Categories:
        • Shishu: Up to ₹50,000.
        • Kishore: ₹50,001–₹5 lakh.
        • Tarun: ₹5,00,001–₹10 lakh.
      • Additional Requirements:
        • 6-month-old bank account with a scheduled commercial bank.
        • Proof of business continuity (e.g., invoices, registration, or sales records).
        • No third-party guarantor required; personal guarantee of promoters/partners may be needed.
    • Union Contractor Scheme
      • Eligible Applicants: Contractors or firms engaged in railway, mining, electrical, construction, or similar projects.
      • Purpose: Term loans for equipment or working capital for project execution.
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Documents Required for Union Bank of India Project Loans

  • 1. KYC Documents
    Identity Proof: Aadhaar, PAN, Voter ID, Passport, or Driving License.
    Address Proof: Aadhaar, Utility Bill (electricity/water), Rental Agreement, or Passport.
    Photograph: Recent passport-sized photographs of the applicant(s).
  • 2. Business Proof
    GST Registration Certificate (if applicable).
    Udyam Registration Certificate (mandatory for MSMEs).
    Shop and Establishment License or Trade License.
    Partnership Deed (for partnerships) or Memorandum and Articles of Association (for companies).
    Registration Certificate (for trusts or societies, if applicable).
  • 3. Financial Documents
    Income Tax Returns (ITR) for the last 2–3 years.
    Bank Account Statement (last 6 months, mandatory for MUDRA loans).
    Audited Balance Sheets and Profit & Loss Statements (last 3 years, for MSMEs or larger businesses).
  • 4. Project-Related Documents
    Detailed Project Report: Includes project cost, machinery/equipment details, supplier quotations, revenue projections, and repayment plan.
    GST Assessment Orders or Sales Records (to demonstrate business activity).
    Building Plan Approval or Land Documents (for infrastructure-related projects, if applicable).
  • 5. Collateral Documents (if applicable)
    Property Documents: Title deed, sale agreement, or mutation certificate for mortgage.
    Liquid Assets: National Savings Certificates (NSC), Kisan Vikas Patra (KVP), or LIC policy surrender value documents.
    Valuation Report: For immovable properties or assets offered as collateral.
  • 6. Scheme-Specific Documents
    Union MSME Loans:
    Udyam Registration Number.
    Audited financial statements (last 3 years) with schedules and annexures.
    GST Returns (last 1–2 years) or sales records.
    Project Report: Detailed breakdown of machinery costs, supplier quotations, and cash flow projections.
    Contracts or Work Orders (for project-specific loans like equipment financing).
    Proof of Business Continuity: Invoices, purchase orders, or client agreements.

    Stand-Up India:
    Proof of Category: Caste certificate for SC/ST applicants or gender proof (e.g., Aadhaar/PAN) for women.
    Shareholding Proof: For non-individual entities, documents showing 51% shareholding/control by SC/ST or women.
    Project Report: For greenfield projects in manufacturing, services, trading, or agriculture-allied sectors.
    Certificate of No Default: Declaration or credit report confirming no prior defaults with banks/financial institutions.
    Business Plan: Outlining project viability and employment potential.

    Union MUDRA Loans:
    Business Continuity Proof: Invoices, sales receipts, or registration documents showing ongoing operations.
    Bank Account Details: 6-month statement from a scheduled commercial bank.
    Category-Specific Documents:
    - Shishu (up to ₹50,000): Minimal documentation, primarily KYC and business proof.
    - Kishore (₹50,001–₹5 lakh) and Tarun (₹5,00,001–₹10 lakh): Project plan, quotations for assets, and financials.
    Personal Guarantee: Undertaking from promoters/partners (no third-party guarantor required).

    Union Contractor Scheme:
    Valid Contracts/Work Orders: From government or private entities (e.g., railways, construction, mining).
    Proof of Experience: Records of past projects or client references.
    Financials: Audited balance sheets (last 3 years) and ITR (last 2 years).
    Project Report: Detailing equipment financing or working capital needs.

    Union Start-Up Scheme:
    Business Plan: Emphasizing innovation, scalability, and employment generation.
    DPIIT Registration: Certificate of recognition as a startup (preferred).
    Project Report: Including cost estimates, revenue model, and growth potential.
    KYC and Financials: As per general requirements.

Factors Considered for Union Bank Of India Project Loans

  • 1. Project Viability
    Business Plan: A detailed project report outlining objectives, costs, revenue projections, and repayment capacity is essential. It should include machinery/equipment details, supplier quotations, and cash flow forecasts.
    Feasibility: The project must demonstrate technical, financial, and market feasibility. For greenfield projects (e.g., Stand-Up India), scalability and employment potential are critical.
    Sector Alignment: Projects in manufacturing, services, trading, agriculture-allied activities, or specialized sectors (e.g., solar, textiles) must align with the bank’s supported industries.
  • 2. Creditworthiness of Applicant
    Credit History: A clean credit record with no defaults or overdue loans is crucial. The bank checks credit bureau reports (e.g., CIBIL) for individuals and businesses.
    Credit Rating: For MSME loans, the applicant’s internal or external credit rating impacts interest rates and loan approval. Higher ratings may lead to better terms.
    Financial Stability: Consistent income, as shown through ITR (2–3 years) or audited financials, strengthens the application.
  • 3. Applicant’s Profile
    Eligibility: Must meet scheme-specific criteria (e.g., MSME loans, Stand-Up India for SC/ST or women entrepreneurs, MUDRA for micro-enterprises).
    Experience: Relevant business or industry experience enhances credibility.
    Ownership Structure: For companies, clear documentation of shareholding is required.
  • 4. Loan Amount and Margin
    Project Cost: The loan typically covers 85% of the total project cost, requiring a 15% borrower margin (sometimes reduced by subsidies).
    Scheme Limits: Specific loan caps apply based on the scheme.
    Purpose: Funds must be utilized for capital expenditure or working capital, supported by the project report.
  • 5. Security and Collateral
    Primary Security: Hypothecation of assets created from the loan (e.g., machinery, stocks).
    Collateral Security: Required for higher-value loans; waived under some government schemes (e.g., CGTMSE, MUDRA).
    Valuation: Collateral valuation must be done by bank-approved professionals.
  • 6. Repayment Capacity
    Cash Flow Projections: Ability to generate sufficient revenue to cover loan repayments is assessed.
    Repayment Tenure: Flexible tenures are offered depending on the project.
    Moratorium Period: A grace period may be offered based on the project’s gestation period.
  • 7. Interest Rate Factors
    Credit Rating: Better ratings attract lower interest rates linked to EBLR plus a credit risk premium.
    Scheme Type: Concessional rates apply for specific schemes like MUDRA, Union Nari Shakti.
    Market Conditions: Rates are influenced by RBI policies and market fluctuations.
  • 8. Documentation
    Completeness: KYC, business proof, financials, project report, collateral papers must be properly submitted.
    Scheme-Specific Papers: Different schemes require specific documents (e.g., SC/ST certificate for Stand-Up India).
    Accuracy: Inconsistencies in documentation can lead to rejection.
  • 9. Government Schemes and Subsidies
    Supported Schemes: Loans under MUDRA, Stand-Up India, or CGTMSE ease eligibility and collateral requirements.
    Subsidies: State/central subsidies reduce borrower’s margin contributions.
    Compliance: Adherence to scheme guidelines (e.g., DPIIT registration for startups) is mandatory.
  • 10. Bank’s Due Diligence
    Site Verification: For larger projects, the bank conducts site visits.
    Third-Party Validation: Supplier quotations, valuations, and feasibility reports may be validated.
    Risk Assessment: Market risks, industry trends, and applicant’s repayment history are evaluated.
  • 11. External Factors
    Economic Conditions: Inflation and RBI policy changes can affect interest rates and loan availability.
    Industry Outlook: High-growth or priority sectors may get preferential treatment.
    Geographical Location: Projects near Union Bank branches or Union Loan Points are prioritized.

Frequently Asked Questions (FAQs)

1. What are project loans offered by Union Bank of India?
Project loans are financial products designed to fund new business ventures, expansions, or modernization projects. They cover capital expenditure (e.g., machinery, infrastructure) and working capital needs for MSMEs, startups, contractors, and entrepreneurs under schemes like Stand-Up India, MUDRA, Union Solar, and Union Nari Shakti.
2. Who is eligible for project loans?
Eligibility depends on the scheme:
- MSME Loans: Registered MSMEs in manufacturing, services, or trading.
- Stand-Up India: SC/ST or women entrepreneurs (18+ years) for greenfield projects.
- MUDRA Loans: Micro-enterprises with a 6-month-old bank account.
- Union Contractor: Contractors with valid work orders.
- Union Nari Shakti: Women-owned businesses.
General requirements include a viable project, good credit history, and 15% margin contribution.
3. What is the loan amount for project loans?
- Stand-Up India: ₹10 lakh to ₹1 crore.
- MUDRA: Up to ₹10 lakh (Shishu: ₹50,000; Kishore: ₹50,001–₹5 lakh; Tarun: ₹5,00,001–₹10 lakh).
- MSME Loans: Varies based on project cost and eligibility.
- Other Schemes (e.g., Union Solar, Union Contractor): Determined by project requirements.
4. What can project loans be used for?
- Capital expenditure: Machinery, equipment, or infrastructure.
- Working capital: Operational expenses like raw materials or inventory.
- Specific purposes: Solar panel installation (Union Solar), innovative startups (Union Start-Up), or contractor projects (Union Contractor).
5. What is the interest rate for project loans?
Interest rates are competitive and linked to the External Benchmark Lending Rate (EBLR) plus a credit risk premium. For example:
- MUDRA Shishu loans: Start at 10.50% p.a.
- MSME loans: Vary based on credit rating.
- Concessional rates: May apply for schemes like Union Nari Shakti.
Check the bank’s website for current rates.
6. What is the repayment tenure?
- MUDRA: Up to 7 years.
- MSME Loans: Up to 15 years for some schemes (e.g., Union Textile).
- Others: Flexible, based on project cash flows.
A moratorium period may be offered depending on the project’s gestation period.
7. What documents are required to apply?
- General: KYC (Aadhaar, PAN, etc.), business proof (GST, Udyam Registration), ITR (2–3 years), bank statement (6 months).
- Project-Specific: Detailed project report, audited financials (3 years for MSMEs), GST returns, supplier quotations.
- Scheme-Specific:
- Stand-Up India: SC/ST certificate or gender proof; shareholding details.
- MUDRA: Business continuity proof.
- Union Contractor: Valid contracts/work orders.
- Collateral Documents (if required): Property papers or liquid assets.
8. How can I apply for a project loan?
- Online: Visit www.unionbankofindia.co.in, select the loan scheme, fill the form, upload documents, and submit (Aadhaar OTP for MUDRA).
- Offline: Visit a Union Bank branch or Union Loan Point (ULP), submit the form and documents, and get an acknowledgment receipt.
Track application status online or via the branch.
9. Is collateral required for project loans?
- Primary Security: Hypothecation of assets created from the loan (e.g., machinery) is mandatory.
- Collateral: Required for higher-value loans (e.g., property, NSC, LIC policies), but waived for some schemes:
- MUDRA: No collateral; only hypothecation and personal guarantees.
- CGTMSE-covered MSME loans: Collateral-free up to a limit.
- Equipment finance for hospitals: No collateral if eligible.
10. What is the margin requirement?
Borrowers must contribute 15% of the project cost as margin. If government subsidies are available, the borrower’s contribution can be reduced to 10%.
11. How long does loan approval take?
- MUDRA Shishu: 7–10 days.
- Other Loans: Varies based on project complexity, documentation, and verification (typically 15–30 days).
Complete documentation and site verification speed up the process.
12. Can startups apply for project loans?
Yes, under the Union Start-Up Scheme, startups with innovative, scalable business ideas and preferably DPIIT registration are eligible. A strong business plan and project report are required.
13. Are there special schemes for women or SC/ST entrepreneurs?
- Stand-Up India: For SC/ST and women entrepreneurs starting greenfield projects (₹10 lakh–₹1 crore).
- Union Nari Shakti: Offers concessional terms for women-owned businesses.
Proof of category (SC/ST certificate or gender) and 51% shareholding (for non-individuals) are needed.
14. What happens if I miss a repayment?
Missing repayments can lead to:
- Penalties or higher interest charges.
- Negative impact on your credit score.
- Legal action or asset seizure (if collateral is involved).
Contact the bank immediately to discuss restructuring options.
15. Is there a prepayment penalty?
For MUDRA loans, there’s no prepayment penalty during the 3-day cooling-off period. For other schemes, check the sanction letter, as terms vary.

List of Union Bank of India Project Loans

  • Union Bank of India MSME Suvidha
  • Union Bank of India Nari Shakti
  • Union Bank of India Stand-Up India
  • Union Bank of India MUDRA (Shishu, Kishore, Tarun)
  • Union Bank of India Solar
  • Union Bank of India Contractor Scheme
  • Union Bank of India Start-Up Scheme
  • Union Bank of India Equipment Finance
  • Union Bank of India Progress
  • Union Bank of India SME Plus
  • Union Bank of India GST Input Credit
  • Union Bank of India Dealer Finance
  • Union Bank of India Textile
  • Union Bank of India MSE Support
  • Union Bank of India Ayushman Plus
  • Union Bank of India General Credit Card
  • Union Bank of India MSME Gold Loan Plus