Transfer Your Home Loan to Union Bank and Save More – Here’s How

If you’ve taken a home loan from another bank and feel you're paying more than you should, you're not alone. Thousands of borrowers across India are now exploring home loan takeover options to reduce their monthly EMIs and save on interest in the long run.

And now, Union Bank of India has launched something tailor-made for you.

Introducing: RISE for Home Loan

Union Bank’s latest initiative - RISE for Home Loan - is a nationwide campaign designed to help customers transfer their home loan to Union Bank from other banks or NBFCs and save big in the process.

Whether you’re looking for lower home loan takeover interest rates, reduced charges, or a smoother experience, this campaign brings it all under one roof.

Why Consider a Home Loan Takeover Now?

Let’s face it. Interest rates in the market have dropped recently. However, not all banks have passed on the benefits to their customers. If your current bank still charges a high rate, switching to Union Bank could help you save thousands over the life of your loan.

Here’s how:

• Lower interest rates on home loan takeover
• Absorption of legal & valuation charges up to Rs.10000.00 for takeover cases
• Lower processing fees if you already have a loan with Union Bank
• Special concessions for women and government employees
• 0.05% additional discount if you opt for a credit life policy

Use a home loan calculator to check how much you can save by making the switch.

Why Is Union Bank of India Doing This?

Home loans are a core focus for Union Bank of India, and right now, to increase customer base and Transmit benefits to borrowers, Union Bank of India offer

• Lower Interest Rate: Borrower can take advantage of lower interest rates offered by Union bank of India, reducing their EMI Burden
• Better terms: Borrowers may find more favorable loan terms offered by Union Bank of India
• Improved Customer Service: Borrower may experience better customer service or more flexible repayment options

The RISE for Home Loan campaign is Union Bank’s way of helping these customers get a better deal and improve their financial health.

How to Transfer Your Home Loan to Union Bank of India

Here’s a quick overview of the home loan takeover procedure:

• Apply Online through Bank website / Give Missed call to 9619333333

  or

• Visit your nearest Union Bank branch.
• Bring your existing loan documents and basic KYC.
• Get help calculating your savings.
• Apply for a takeover loan.
• Enjoy better interest rates and lower EMIs.

It’s that simple, and the Union Bank of India team is ready to walk you through every step.

Ready to transfer your home loan and take charge of your finances? Visit your nearest Union Bank branch today or talk to your Relationship Manager.