RABD Finance Saubhagya | Union Bank of India

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RABD Finance Saubhagya

UNION SAUBHAGYA

Union Saubhagya

Purpose:-

Union Saubhagya provides hassle free finance to micro depositors in case of urgent credit needs.

Eligibility:-

To avail the loan, the smart card holder should have transacted for a period of one month and accumulated minimum of Rs. 500/- as deposit.

Quantum of loan:-

Two times of amount of deposit will be considered as loan amount up-to maximum of Rs.10000 in multiples of Rs.1000.

Margin:-

Nil.

Security:-

Nil.

Rate of Interest:-

Please click here to know our latest rate of interest.

Repayment:-

Bullet repayment period for short-term duration of up to one month and 50 weekly installments or 12 EMI in case of loans of 1-year tenure.