With over 120 million clients and a business valuation of $160 billion, Union Bank of India is counted among the leading financial organizations in India.
Thereupon 1st of April 2020, it amalgamated with Andhra Bank and Corporation Bank as per the government’s policy considering bank consolidations.
After this union, Union Bank operates via 9500 branches roughly. Among these, four are Aboard, positioned in Antwerp, Dubai, Sydney, and Hong Kong. The bank also performs in the United Kingdom through its auxiliary, Union Bank of India (UK).
Among the many funding alternatives, the bank also provides a home loan establishment of up to Rs. 30 lakh at yearly interest rates of 6.70% and above. So, aiming home buyers can use it in a Union Bank home loan EMI calculator to assess their instalment amount.
Home loan borrowers need to pay monthly instalments as EMIs towards loan refund until the improvement detriment is entirely paid. The calculations can, however, be tough to conclude due to various determining factors.
However, if borrowers use Union Bank housing loan EMI calculator, they do not require completing any manual calculation for EMI appraisal. They only need to enter their loan components, like the loan amount and term opted, to this digital tool that brings out amount instantly.