Which is better Union Bank of India or Bank of India?

Some of the key results of the comparison between the two banks are: Lowest Interest rate of Bank of India Home Loan is 6.95\%, which is lower than the lowest interest rate of Union Bank of India at 8.25\% and hence, Bank of India is offering a cheaper loan option.

Is Union Bank of India safe?

Union Bank of India has gone to extraordinary lengths to ensure that your online transactions are secure, by placing its devises in most secured environment as evidenced by the digital certificate issued by “VERISIGN”.

Is Bank of India and Union Bank of India same?

Mumbai: Mumbai-based Union Bank of India and Bank of India (BoI) are quietly taking steps to merge to create India’s third-largest commercial bank after the State Bank of India and ICICI Bank Ltd. Union Bank shares closed on Friday at Rs104. 60. Its market capitalization is Rs5,284 crore.

Which is the No 1 bank in India government?

State Bank of India (SBI) Having 23\% of shares of the total market assets in India, this bank is the largest public sector bank of India and tops the list of best banks in India. It also holds 1/4th of the total loans and deposits in the current financial market.

Is Union Bank a good bank?

Overall bank rating The bottom line: Union Bank is a regional bank with a full lineup of checking and savings accounts. Although the branch network may be convenient if you live on the West Coast, rates on savings and certificates of deposit are low, and there aren’t free checking or savings options for most customers.

Is Union Bank of India a government bank?

About Us. 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 83.50 percent in Bank’s total share capital. The Bank, having its headquarters at Mumbai (India), was registered on November 11, 1919 as a limited company.

How strong is Union Bank of India?

Today, it has a network of 9200+ domestic branches, 11600+ ATMs, 8216 BC Points serving over 120 million customers with 76000+ employees . The Bank’s total business as of 30th September 2021 stood at Rs. 15,48,605 crore, comprising Rs. 9,14,022 crore of deposits and Rs.

Is Union Bank a big bank?

MUFG Union Bank is a proud member of the Mitsubishi UFJ Financial Group (NYSE: MUFG), one of the world’s largest financial organizations with total assets of approximately ¥311.1 trillion (JPY) or $2.8 trillion (USD)*, as of March 31, 2019. The main banking office of MUFG Union Bank is in San Francisco, California.

How strong is UnionBank?

Overview. With $134.7 billion in assets as of March 31, 2019, Union Bank ranked as the No. 21 bank in the U.S. A regional bank, Union Bank has about 350 branches in California, Georgia, Illinois, New York, Oregon, Texas and Washington.

Why is UnionBank a good bank?

Which is the best bank in India to invest in?

Considering the present level of bank performances on various parameters, Canara Bank and Union Bank of India are the best choices and Canara Bank is the fifth largest nationalised bank in the country followed by Union Bank of India.

What is the interest rate of Union Bank for home loan?

Union Bank too offers different home loan schemes that cater to different customers with interest rates that start at 6.70\% p.a. onwards. These interest rates are also impacted by the CIBIL score of the applicant.

What is the job security of a bank officer in India?

You have one hundred percent job security in the banks as mentioned below namely – Canara Bank, Bank of India, Union Bank of India, Allahabad Bank, Corporation Bank and UCO bank You are joining as probationary officer and as a ground level employee.

Which is the best bank to invest in in Gujarat?

But still according to preference let have a look. CANARA BANK – It is mostly in south and also it is also having good presence in Gujarat as well as Maharashtra Union Bank – It is having good no of branches in northern part specially in UP and eastern MP.