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image  REMITTANCE PRODUCT UNDER FI

Features

Purpose :-
It's a facility made keeping in mind the urban laborers and hawkers. Especially, to help these people to send money to their homes through this facility.
Eligibility :-
Currently this service is only available to workers in Mumbai belt to send their money to Bihar & Uttar Pradesh. The sender should have Union Bank of India's card while the receiver should have an A/C with Union Bank of India.
Current Number of Beneficiary:-

Currently over 13 Lakh migrant workers are benefited by this scheme.

Our Bank has launched "Union Bank Money" as a unique product for FI segment which is based on Mobile Technology through which bill payment, cash withdrawal, money transfer, mobile recharge, DTH recharge and other payments are possible.


FAQs