Our Bank has introduced a new personal loan scheme named as Union Personal Loan for Covid Treatment (UPLCT). As the name suggests this scheme is to assist the people to meet expenses towards Covid Treatment of self or any family member who have tested COVID POSITIVE on or after 01.04.2021

This scheme is in the form of term loan with maximum loan quantum of Rs.5.00 lacs with NIL margin at a fixed ROI of 8.50% p.a. The loan is to be repaid in Equated Monthly Instalments with maximum period of 60 months including moratorium period of 6 months.

Eligible applicants for the loan would be as under:

Note : Other terms & conditions applicable as per bank/scheme norms. Please contact nearest bank branch for further details