Union Bank of India- Product
Home
|
हिंदी
|
Contact Us
|
MSME
|
CSR
|
Rates & Charges
|
Systemic Improvements
|
Restructuring and Ex-gratia: Grievance Redressal
|
Skip to main content
|
Screen reader
Search
Search
Search
Menu
Products
Personal
Accounts & Deposit
Loans
Retail
MSME
Agri Business
Wealth Management- Insurance, Mutual Funds, Demats
Government Schemes
Financial Inclusion
CSR
Lockers/Other Services
Corporate Loans
Corporate Loans
Loan Syndication & Debt Restructuring
Corporate FAQs
Other Services
International
Schemes / Products / Services
NRI Services
Treasury & Other Products
Remittances
Digital Banking
App Banking
Internet Banking
Self Service Banking
ATM banking
SMS Banking
Point of Sales
IMPS
Cards
NETC (Issuer)
Investor Relations
Analysts
Disclosure to Stock Exchange
Shareholders’ Information
Financial Results
Annual Reports
Quarterly/Half Yearly Communication to Shareholders
Key Managerial Personnel
Investor Grievance Redressal
General Meetings
Amalgamation of Andhra Bank and Corporation Bank into Union Bank of India
Investor Feedback
About Us
Profile
JV/Subsidiaries
HR
Corporate Vision & Mission
Organization Structure
Awards
Others
Innovation Portal
National Entrepreneurship Award 2019 (NEA 2019)
Screen Reader Accessibility
Disclaimer
Privacy Policy
Contact Us
Policies and Disclosures
Regulatory Disclosure
Recovery
We Care
Policies
KYC - AML Policy
Greivance Redressal Policy
Customer Compensation Policy
Model Policy on Bank Deposits
Cheque Collection Policy
Whistle Blower Policy for Bank
Customer Rights Policy
Knowledge
Rates and Charges
Interest Rates - Deposit
Interest Rates - Loans and Advances
Interest Rates for NRIs
Fees and Services
Nomination Facilities
Information regarding COVID - 19
Others
Citizens Charter of Union bank of India
Right to Information Act
Vigilance & Systemic Improvements
Banking Ombudsman
Unclaimed Accounts
Unclaimed Dividends
Policies and Disclosures
Regulatory Disclosure
Recovery
Self Help
Dos and Don’t
Tax Payments
Contact Us
Complaint
Submit Feedback
FAQ
15G
15H
Amalgamation Center
Online Banking
Union Bank Mobile Banking
Union Bank NET Banking
Digipurse
UPI BHIM
Online Payment
Union Bank E-Taxes
Fees Payments
Donations
Credit Card Bill Payments
Apply Online
Saving Account
Online Debit Card Application
Home Loan
Online OTS Application
Link your Aadhaar Number
Union Mudra (PMMY)
Many more...
Locate
Branch/ATM Search
Branch/ ATM Locator
AADHAAR Seva Kendra
Cards
Credit Card
Debit Card
Rewards & Offers
Other Cards
Rates & Charges
Deposit
Loans and Advances
Read more...
Digital Product
Internet Banking
Self Banking
ATM Banking
Mobile Banking
Loans
Personal
Home
Education
Vehicle
Deposit
Salary Account
Demat Account
Saving Account
Fix Deposit
Andhra
You are here :
Products
Personal
MSME Margin
MSME MARGIN
Margin Requirements
Promoter's contribution (margin) is basically a commitment of the promoter towards the project.
The margin amount may differ from borrower to borrower as well as on the basis of asset class to be financed.
Hence after taking into consideration the bankability of the project, the bank may stipulate suitable margin requirement.
Collateral Requirements:
Credit assistance to MSEs upto Rs.10 lakhs is extended without any collateral securities
Collateral free financial assistance above Rs.10 lakhs and upto Rs.200.00 lakhs is extended to Micro & Small Enterprises as per operational guidelines
All the eligible collateral free loans extended to Micro & Small Enterprises borrowers are covered under Credit Guarantee Scheme of Credit guarantee Fund Trust for Micro & Small Enterprises (CGTMSE)
Further, CGTMSE has introduced new “Hybrid Security” product i.e. Partial Collateral security under Credit Guarantee Scheme wherein the Bank shall be allowed to obtain collateral security for a part of the credit facility, whereas the remaining part of the credit facility, upto a maximum of Rs.200 lakhs, can be covered under Credit Guarantee Scheme of Credit Guarantee Fund Trust for Micro & Small Enterprises (CGTMSE).
For financial assistance above Rs.200 lakhs to Micro & Small Enterprises, collateral security requirement is decided on case to case basis on individual merits considering various factors including risks related to the activity after conducting due diligence about the promoters.
In other cases the quantum of collateral coverage is decided based on the activity and risk involved with the activity / promoters
Internet Banking
Apply Online
Savings Account
Education Loan
Union Home
Union Mile
Union Personal
e- NPS by Karvy
E-NPS
MSME Credit
Eligibility
Appraisal
Credit Rating Procedure
Margin
Documentation