What are Union Bank Home Loan Reviews?

I had a horrible experience with the Union Bank home loan department. I had issues with Union Bank home loan interest rate and called up customer service at least 100 times but to my dismay, no response from their end. I saw that I was being overcharged and I needed an explanation but I have yet to hear from them. I think as a last resort I will go for a home loan balance transfer. My advice to everyone here is that please take a good look at your home loan report and ask questions. You may be misled just like I was.

I don’t know who calls it a 5 star bank. My Union Bank home loan review comes from a place where I have suffered a huge mental toll. I too noticed that Union Bank had charged some extra money during my loan foreclosure. I understand that there were some extra penalty charges and I paid them willingly but still the math just didn’t add up. I am not sure if I will recommend anyone to go with their home loan services at least.

Although my Union Bank of India home loan review is mixed, due to manual service. I have a lot of concerns regarding their app. I was trying to access my home loan account to get a home loan interest payment statement for tax returns purposes. It was a whole lot of struggle. The app kept crashing and I couldn’t get any response from the customer support as well. After a struggle of 3 days, I went to the bank and submitted the application to get a hard copy of my home loan statement.

Step back and relax, I will be your guide on Union Bank home loan review. All you have to do is submit all the essential documents and verify your application to avail home loan. And it will be done in less than 7 days if you qualify for it because mine has also taken that much time. You will have to qualify for the following eligibility criteria. 1) You must be a resident of India or a Non-resident of India (NRI). 2) Your minimum age should be 18 years and the maximum should be 75 years. 3) You should be a salaried, self-employed or business individual. What are the biggest myths about a home loan?   Want to know whether you can opt for Home Loan or not? Know it via NoBroker Home Loan Eligibility Form [widget_homeLoan_checkEligibility_form]

So, let’s start the Union Bank of India home loan review. First of all, you should never miss a chance if you get approved by the bank for a home loan. Because they have flexible repayment periods of up to 30 years, along with EMIs as cheap as Rs.652 per lakh for a more affordable payment time. There are various home loan schemes available like Union Home, Union Awas and Union Smart Save to serve you in a better way. If you take housing loans under the PMAY scheme, then you are eligible for a 6.50% interest subsidy, depending on the category.

Here is my Union Bank home loan review. I once visited the Union Bank branch to inquire about home loan schemes. I was overwhelmed by hearing about their facilities and the hassle-free process they have. They provide a home loan of a maximum amount of Rs.30 Lakhs for repair and renovation. They provide a moratorium period of up to 36 months for construction or purchase purposes. On adjustable-rate loans, the bank additionally waives the prepayment penalty completely.

Make your dream home a reality with a NoBroker home loan.

Hey,

I’m glad to share my feedback about the Union Bank home loan. I really like their processing time and assistance while doing the home loan process. They help you with every possible way to get your process done quickly. The interest rate starts at 6.60% per annum and I think that is really affordable for your pocket. The processing charges are 0.50% of the loan amount and it will definitely be best as per your budget. So don't hesitate and go for this home loan option for a convenient experience.