Union Bank of India (2024)

Union Bank of India (1) INTERNET BANKING

FEATURES

Union Bank of India offers its customers the facility of Internet Banking service.

With our Internet Banking service you can carry out banking activities from the comfort of your home /office with only your mouse. Using your Internet Banking ID and password, you can view your Union Bank accounts /do transactions online 24x7 without any hassle. You can transfer funds online to accounts maintained with any bank in India. You can also access all your Union Bank accounts from all around the world 24x7.

Features & Benefits

  • Account/s transaction details
  • Viewing/Printing of account statement
  • Transfer of funds in own/third party accounts with our Bank
  • Transfer of funds to other bank accounts in India through NEFT/RTGS
  • Direct/ Indirect Tax payments
  • Utility bill payments like electricity bills, telephone bills, insurance premium payments, mutual fund payments, credit card payments etc.
  • Online air ticket and railway ticket booking etc

Eligibility

should have at least one operating account with a Union Bank branch.


How to apply
You may get our Internet Banking service through following channels:

  • Individual customers possessing ATM cum debit card may create internet banking user id and passwords through our Self User Creation module on our website . This is a very convenient, easy, and quick method
  • The above users may even reset/ generate the passwords on their own, without needing to involve the bank branch, through our Self Reset Password module with the same ease
  • Individual customers not having an ATM cum debit card may also create internet banking user id and passwords through our Self User Creation module without ATM Card on our website, their User IDs will be given only View rights. Later on if they want they can avail transaction facility by visiting branch.
  • Corporate customers should apply through the branch using the Internet Banking application format for viewing and transaction facility.

Service Charges

  • Absolutely free of charge for users creating passwords through the Self User Creation & Reset Password modules
Contact Numbers:
In case the sign on or transaction password is not recoverable, user can follow any of the below mentioned methods for assistance :
Disclaimer -

Customers are advised that any person resident in India collecting and effecting/remitting payments directly/indirectly outside India in any form towards overseas foreign exchange trading through electronic/internet trading portals would make himself/herself/themselves liable to be proceed against with for contravention of the Foreign Exchange Management Act (FEMA), 1999 besides being liable for violation of regulations relating to Know Your Customer (KYC) norms/Anti Money Laundering (AML) standards. If the customer attempts to do such transaction, the bank will immediately block/cancel the card and close the account without any further notice. The names of defaulting customers will be reported to Reserve Bank of India.

FORMS & DOCUMENTS

FAQS

Union Bank of India (2024)

FAQs

Who owns Union Bank India? ›

Union Bank of India is one of largest state-owned banks in India. The Bank is a listed entity and the Government of India holds 83.49 percent in Banks Total Share Capital.

Is it safe to deposit money in Union Bank of India? ›

We are covered by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme.

Is Union Bank a private Bank? ›

Union Bank of India is one of the leading public sector banks of the country. The Bank is a listed entity, and the Government of India holds 74.76 percent in Bank's total paid-up capital. The Bank, having its headquarters at Mumbai (India), was registered on November 11, 1919 as a limited company.

Which banks merged with Union Bank of India? ›

Amalgamation of Andhra Bank and Corporation Bank into Union Bank of India.

Which bank has branches in India and the USA? ›

Home - SBI - SBI US

SBI branches offer a wide array of services including Deposits, Commercial Loans, Trade Finance, and Money Transfer (Remittances). Welcome to State Bank of India, United States, the US presence of India's largest bank.

Which bank is best in India? ›

Overview of 10 Best Banks in India 2024
  1. HDFC Bank. HDFC Bank is one of the most popular banks in India, with its headquarters in Mumbai. ...
  2. ICICI Bank. ICICI Bank is an Indian multinational financial services bank headquartered in Mumbai. ...
  3. SBI. ...
  4. Kotak Mahindra. ...
  5. Axis Bank. ...
  6. IndusInd Bank. ...
  7. Bank of Baroda. ...
  8. Punjab National Bank.
Mar 1, 2024

How strong is Union Bank? ›

With assets of $124.7 billion, as of June 30, 2022, MUFG Union Bank has strong capital reserves, credit ratings, and capital ratios relative to peer banks.

Which is better PNB or Union Bank of India? ›

Punjab National Bank scored higher in 9 areas: Overall rating, Culture and values, Diversity and inclusion, Work-life balance, Senior management, Compensation & Benefits, Career opportunities, CEO approval and Recommend to a friend. Union Bank of India scored higher in 1 area: Positive Business Outlook.

How secure is Union Bank? ›

All Unionbank cards come with embedded SMART CHIP technology at no extra cost to you. Your account information is securely stored in the chip that provides an extra layer of security when used in POS or ATMs that are chip-enabled. For your added protection, fallback* transactions will no longer be allowed.

Is Union Bank part of US Bank? ›

Union Bank is now U.S. Bank, providing access to more branches, bankers and services to create more opportunities for you to thrive.

Who just bought Union Bank? ›

U.S. Bancorp made an $8 billion deal to acquire MUFG Union Bank in September 2021 and closed the transaction last December.

Who is the real owner of Union Bank? ›

After receiving all regulatory approval, the transaction was completed in June 2022, and there was a subsequent change of control. Titan Trust Bank became the majority shareholder in Union Bank. (Titan Trust Bank is majority owned by TGI Group, a Nigerian conglomerate).

What is the minimum balance in Union Bank of India? ›

Balance Requirements of Union Bank of India Regular Savings Bank Account:
CategoryWith Cheque BookWithout Cheque Book
UrbanRs.1,000Rs.500
Semi UrbanRs.500Rs.250
RuralRs.250Rs.100
PensionersRs.250Rs.20
1 more row

Who owns Union Bank now? ›

Union Bank was an American national bank with 398 branches in California, Washington and Oregon. It was owned by MUFG Americas Holdings Corporation and was acquired by U.S. Bancorp in December 2022.

Who is the owner of Union Bank and Trust? ›

Union Bank & Trust Company is purchased by the Dunlaps, a long-time trusted Nebraska banking family, and its core principles and culture begin to take shape as it brands itself “the bank of friendly service.” Jay Dunlap is chosen to run the bank.

Which banks are linked with Union Bank of India? ›

Subsidiaries
  • Union Bank of India (UK) Limited.
  • Union Asset Management Co. Private Limited.
  • Union Trustee Co. Pvt. Limited.
  • Star Union Dai-ichi Life Insurance.
  • Chaitanya Godavari Grameen Bank.
  • Corpbank Securities ltd.
  • UBI Services Ltd.

Which Bank is best, SBI or Union Bank of India? ›

But when compared to state bank of india the crowd is less in union bank of india, so you will get faster service in union bank of india. I would suggest union bank of india as it has better internet banking facilities when compared to SBI. In view of better customer service i would suggest union bank of india.

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