Eligibility a. The Scheme is applicable for those MSMEs whose accounts have been standard as on 31.03.2018 and have been in regular operations, either as standard accounts, or as NPA accounts during financial year 2018-19 and financial...
Union General Credit Card
Eligibility Individuals engaged in the Non-farm Entrepreneurial activity all over the country. Purpose To cover general credit needs of individuals for entrepreneurial activity in the Non-Farm sector all across the country. Quantum of Finance...
Union E-Way Bills Solution
Eligibility All business enterprises enjoying existing Fund Based working capital facility from our Bank. Purpose To finance against domestic unpaid invoices which are registered under Goods and Service Tax Network (GSTN) system based on E-Way bill...
Union E-Way Bills Solution
Eligibility All business enterprises enjoying existing Fund Based working capital facility from our Bank. Purpose To finance against domestic unpaid invoices which are registered under Goods and Service Tax Network (GSTN) system based on E-Way bill...
Union Mudra
Eligibility All Micro enterprises engaged in manufacturing, trading and service sector including professionals (like CA/ICWA/CS/Architect/Medical professionals etc) will be eligible under the scheme. Purpose • Need based term loan / CC Limit /...
Union Rent
Eligibility • Landlords of our Branch/Offices premises (Including residential flat/houses leased to our Bank.)• Owner of property (Commercial/Residential) who have rented the same to Public Sector Banks, Public Sector Undertakings, Post Office...
Union Liqui Property
Purpose • To meet working capital requirements for business activity.• For Shoring-up of Net Working Capital.• For purchase/construction/renovation of factory/ offices / shop / godown.• For purchase of plant & machinery.• For purchase of...
Union Progress
Purpose To meet business related needs including purchase / construction of business/office premises including Cyber cafe, machinery including Generator Set, equipment, vehicles, other fixed assets and working capital requirement. Eligibility All...
Union GST Gain
Purpose To fund need based Working Capital requirement for trading/ services/ manufacturing business. Eligibility All units engaged in trading/Services/manufacturing activity i.e. Retail Traders, Wholesale Traders including Supermarkets, Malls,...
Union MSME Suvidha
Purpose • To meet need based working capital (Fund Based & Non-Fund Based) requirement for Business Activity.• Term Loan for own business use, which is detailed as under: • Purchase/ Construction / Renovation of Business Premises,...
Union Start Up
Purpose To finance for innovation, development or improvement of products or processes or services, or if it is a scalable business model with a high potential of employment generation or wealth creation as per Start-up India Scheme. Eligibility...
Union Ayushman Plus
Purpose a. For Purchase of brand new electro medical, diagnostic, X-ray Machines, MRI and other sophisticated equipment including operation theatre equipment, air conditioners, generators , personal computer and accessories with software for...
Union Turnover Plus
Purpose To Fund need based working capital requirement of MSMEs which are adopting Digital Channels for Business Transactions, on the basis of Projected Sales Turnover acceptable to the Bank. Eligibility All Micro, Small & Medium Enterprises...
Union Professional
Purpose a. To finance acquisition of office premises for self-occupation.b. For outright purchase of ready built / existing office premises or premises under construction in commercial complexes / independent buildings and construction of office...
Union Stand-Up India
Purpose To promote entrepreneurship among SC/STs and Women entrepreneurs. Eligibility a. Scheduled Caste (SC) or Scheduled Tribe (ST) borrower or woman borrower, above 18 years of age, for setting up a Greenfield enterprise indulged in...
Union Nari Shakti
Purpose • CCH Limits to meet working capital requirements.• Term Loan for purchase/construction/renovation of factory/ offices / shop / godown or for purchase of plant & machineries or other equipment. Eligibility • All women owned and managed...
Union Parivahan
Purpose To finance transport operators and others for purchasing Brand new Vehicle. Eligibility All business units of following constitution i.e. Individuals, HUF, Proprietorship, Partnership concerns (including LLP), Limited Companies, engaged in...
List Of Cluster Schemes
Sl.NoName of the Cluster Specific SchemeApplicable Regions1.Financing to Carpet IndustryRO, ALLAHABAD2.Financingagainst paddy in open ware house managed by CMARO, KARNAL3.FinancingAuto Parts/Cycle IndustryRO, LUDHIANA4.Financingto...
Union Sanjeevani Loan Scheme For Healthcare Sector
Purpose Financing under the scheme is for Setting up of oxygen plant with power back up (for purchase of Generator set/ Inverter) in the hospital for medical use & To finance units engaged in manufacturing of liquid oxygen, oxygen cylinders...
Union Aarogyam Loan Scheme For Healthcare Sector
Purpose Financing under the scheme is for ramping up of COVID related healthcare infrastructure and services in the country. Eligibility a. Entities eligible for fresh lending support are: Vaccine manufacturersImporters/ Suppliers of vaccine &...
Union Loan Guarantee Scheme For COVID Affected Sectors [ULGSCAS]
Purpose Financing to eligible projects in healthcare sector for setting up of or for modernising/expansion ofa. Hospitals/Dispensaries/Clinics/Medical Colleges/Pathology labs/Diagnostic Centersb. Facilities for manufacturing of...
Financing Traders Against Electronic Negotiable Warehouse Receipt
Purpose Short Term Loan (Demand Loan) against pledge of the e-Negotiable Warehouse receipt of NERL/CCRL covering stocks of agricultural commodities stored in warehouses registered with WDRA. Eligibility Traders, Arathias, Exporters/ Importers who...
Union Equipment Finance For Contractors
Purpose For purchase of Commercial Equipment, Commercial Vehicle required in execution of contracts awarded to the contractor i.e. for captive use only. Eligibility MSME Contractors (irrespective of constitution) availing Working capital (FB/NFB)...
Union Loan Guarantee Scheme For COVID Affected Tourism Service Sector [ULGSCATSS]
Purpose To provide relief to eligible Travel & Tourism Stakeholder viz. by way of need based financial assistance who have been adversely impacted by the Covid - 19 pandemic to discharge liabilities and restart their businesses. Eligibility and...
Union Guaranteed Emergency Credit Line [UGECL]
{Emergency Credit Line Guarantee Scheme [ECLGS]} Purpose The scheme is in line with the Government’s guarantee scheme - ‘Emergency Credit Line Guarantee Scheme’ (ECLGS) to provide relief/liquidity support to MSMEs/Business Enterprises affected by...
Union MSME Credit Card
No. ParameterGuideline1ObjectiveTo provide credit card to the identified MSME units within the sanctioned Fund Based Working Capital limit to meet business operational expenses through digital delivery channel.2Eligibilitya) Unit to be classified...