Which is better bank SBI or Union Bank of India?

Hence, both banks are benchmarked to the same rate, making them a comparable option to choose from. SBI with an average customer ratings of 4.2 is equally comparable to Union Bank of India with an average customer rating of 4.2, and hence, the customer can expect the same kind of service levels from these banks.

Which bank is best for saving bank account?

The savings bank account offered by Kotak Mahindra Bank is appropriate for those who want a higher interest account with zero balance facility. The 811 Edge account of Kotak is one of the best savings accounts that this bank has offered.

Is Union Bank good for savings account?

Having a Unionbank account is indeed a great advantage especially for someone who do most financial transactions online. I tried opening an account months ago but as I said earlier, their minimum maintaining balance for both the ATM and passbook is 100,000 Pesos!

Is UnionBank safe?

UnionBank employs strict security features to ensure fast, reliable and safe mobile banking experience. The system has a two-factor authentication (device registration and One-Time Password). The UnionBank Online is Verisign Certified.

Is Union Bank Good to open account?

The bank offers good interest rates and a plethora of other benefits like net banking facilities. It also offers a zero-balance facility to students opening such accounts. Saving deposits balance up to Rs. 25 lakh: 3.00\% p.a.

Can I open zero balance account in Union Bank of India?

Features of UDSA No minimum balance requirement as account can be opened with Zero balance. Cash Deposit Charges will be applicable for any cash deposit in the account. Receipts through Digital Channel – Free and Unlimited.

How much is needed to open a union bank account?

There is no required amount to open an account. Are there any additional fees? Each savings account has annual fees which are waived for the first year. If you maintain PHP 10,000 in your ADB, we’ll waive the fees for the succeeding year.

What is the minimum balance in Union Bank savings account?

No minimum balance requirement as account can be opened with Zero balance. Cash Deposit Charges will be applicable for any cash deposit in the account. Receipts through Digital Channel – Free and Unlimited.

Can I open multiple savings account in Union Bank?

Yes. You can combine up to 20 Union Bank checking, savings, and money market accounts into one organized monthly statement.