Top Banks 2024
United Bank of India Patna
Last Updated : Aug. 30, 2018, 5:27 p.m.
About United Bank of India
If there is one bank which has united the country in true essence, then it has to be United Bank of India. The bank has been successful enough in uniting India through banking. It has brought a beautiful smile on millions of faces in India. It was formed in 1950 when four traditional banks were merged with one another. Therefore it got the name as United bank of India. The bank has been satisfying customers for more than six decades.It was nationalized on the date July 19, 1969. At that time it had 174 active branches, ₹ 112 crores of advances and ₹ 147 crores of deposits. The bank has established its main head office in Kolkata, the capital of West Bengal. It has made its presence felt in the nation with 1999 branches in different states.
United Bank of India is planning out a comprehensive strategy to emerge out as a techno savvy and dynamic bank in India which can meet every requirement of the customer. The bank had taken up innovative measures to help the customer when the phase of demonetisation was being conducted in India. It introduced mobile ATM counters in the rural areas which were devoid of any banks or ATMS. The bank is profitable and has a total business which is worth ₹ 2 lakh crore. The bank consists of setup which has three tiers including main head office, offices and branches. Patna is the capital of Bihar and has huge scope for development. The government has started investing in the city and many small scale industries have now started to flourish. United Bank of India has set up branches in the city so that finance is given at a time when it is required the most.
Address of United Bank of India Patna branches
| Branch | Address | IFSC | MICR | Contact details |
|---|---|---|---|---|
| Bir Chand Patel Marg | Hotel Patliputra Ashok, Bir Chand Patel Marg, Patna, - 800001, Bihar | UTBI0BCMK42 | 800027008 | 222237 |
| Bar Council | Bihar State Bar Council, High Court Compound, Dist - Patna, Bihar, Pin - 800001 | UTBI0BRCK22 | 800027009 | 2224130 |
| KankarBagh | Dc - 18, Akanchha Enclave, Lohianagar, Kankarbagh, Patna - 800020, Bihar | UTBI0KKB463 | 800027004 | 2353282 |
| Longertoli | Gulab Place, 1St Floor, Arya Kumar Road, Machchatoil, Patna - 800004, Bihar | UTBI0LGT443 | 800027003 | 2672866 |
| Station Road | Post Box No - 32, Station Road, Patna - 800001, Bihar | UTBI0PAT409 | 800027002 | 2221954/2234231 |
| Pataliputra colony | 216, Pataliputra Colony, Patna - 800013, Bihar | UTBI0PPCJ50 | 800027007 | 2263779 |
| Rajendra Path | Kamala Market, 1St Floor, R K Bhattacharya Road, Dist - Patna, Bihar, Pin - 800001 | UTBI0RDPJ09 | 800027005 | 2670569 |
| Sri Krishnapuri, | Sahdeo Mahto Marg, Sri Krishnapuri, Dist - Patna, Bihar, Pin - 800001 | UTBI0SKP462 | 800027006 | 2233553 |
Products offered by United Bank of India
The need may be different and vast but United Bank of India has a solution for everything. The bank offers financial aid to the people of Patna through the form of a car loan, gold loan, personal loan, home loan, education loan, business loan and loan against property. Those who desire to open a fixed deposit account with the bank can get maximum returns on the money. For additional information, carefully look at the two tables-
Basic details of United Bank of India loans in Patna
| Product | Eligibility | Loan amount | Interest rate | Processing fee | Tenure |
|---|---|---|---|---|---|
| Home loan | Applicants should be above the age of 21 and should have a regular source of income. 70 is the age when the loan needs to be fully repaid. Salaried employee need to be in permanent and regular service. Professional and self-employed individuals should be employed in their current trade or profession for a minimum of two years. Self-employed and businesses need to have at Income Tax returns of at least two years. | Metro- Up to ₹ 3 crores Urban- Up to ₹ 75 Lakhs Semi-urban- up to ₹ 45 Lakhs Rural- up to ₹ 25 Lakhs | 8.60% - 9.95% | NIL | 30 years |
| Personal loan | You need to be a salaried individual with a regular income and permanent service. You need to employed with the current company for at least two years | Up to ₹ 2 lakhs or 10 months gross salary | 11.40% - 16.95% | 1% of the loan amount availed | 36 months i.e. 3 years |
| Car loan | For salaried individual: The applicant should take home a minimum of Rs 25,000 after meeting all monthly commitments. This also includes the proposed EMI. For salaried individuals having pensionary income, the repayment age can be extended till 70 years. For self-employed professional and businessman: The maximum age can be 65 years although the loan needs to be fully repaid by the time the applicant completes 70 years. | Up to ₹ 30 Lakhs | 6.50% Onwards | 0.50% of the loan amount sanctioned. It can be a minimum of Rs. 500 and a maximum of Rs. 10,000 | Up to 84 months i.e. 7 years for a new car Up to 60 months i.e. 5 years for an old car |
| Fixed deposits | People who can open a fixed deposit with the bank- An individual Hindu United Family Associations/Clubs Joint Stock companies Firms Sole Proprietary concerns Guardians for minor children | 2.90% - 5.75% | NIL | 15 days to 120 months i.e. 10 years | |
| United Mortgage loan (Loan against property) | Anybody, whether a self-employed professional or a pensioner or a salaried individual can apply for a loan. The applicant should fall in the age bracket of 21 to 65 years. The applicant should have a property which he/she can mortgage. He/she must earn sufficient enough to repay the loan. Proprietors, partnership firms and companies can apply too. | Metro- ₹ 5 crores Urban- ₹ 3 crores Semi-urban- ₹ 1 crore Rural- ₹ 50 Lakhs | 10.70% | 1% of the sanctioned amount plus service taxes if applicable | 7 years |
| United Trade credit (Business loan) | Existing trader/service provider/business person can apply for a loan. You need to earn profit for at least two years. People engaged in business/service/trade with any other activity like manufacturing, construction, exports, agriculture, etc can also apply | Maximum- ₹ 50 Lakhs | 13.35% | 60 months i.e. 5 years | |
| Education loan | The applicant should be an Indian national who wants to pursue admission to any professional or technical course in India or abroad through merit or entrance test | For studying in India- ₹ 10 Lakhs For studying in abroad- ₹ 20 Lakhs | Up to ₹ 7.5 Lakhs- 11% Above ₹ 7.5 Lakhs- 10.95% | 15 years | |
| Gold Loan | Individuals, Proprietorship / Partnership firms, Joint Borrowers with KYC compliance can apply The applicant should have one SB/CD account with the Bank. Professional who are engaged in gold trading can’t apply for a gold loan. The applicant should have attained a minimum age of 21 years. The maximum age goes up to 70 years i.e. 70 is the age when the loan matures The applicant must earn a steady flow of income | Minimum amount- ₹ 25,000 Maximum amount- ₹ 10 Lakhs | Term Loan- 9.85% Overdraft- 9.85% | NIL | Term Loan- 12 months Overdraft- 12 months |
Documents required
The documents needed for availing a loan from United Bank of India Patna have been mentioned below-
| Product | Documents |
|---|---|
| Home loan | Photographs of passport size of the applicant Completely filled application form Proof Of Identity- Aadhar card/Passport/PAN Card/Voter ID Card/Driving License Proof of Residence-Aadhar Card/Passport/Voter ID Card/Lease agreement/Telephone bill/Ration card/Electricity bill Proof of Age- Birth Certificate/ SSLC or AISSE Certificate/Passport/Driving License Proof of Income- Salaried individuals: Salary slip of three months /Latest salary certificate, IT returns of the past two years or Form 16 Bank statement of the past six months. Self-employed- Bank account statements of the past 12 months proof of existence of business and its profile Income Tax returns of the previous two years along with Balance Sheet/ Profit & Loss account Property documents- Agreement for Sale & construction, Letter of Allotment, Tripartite Agreement which has to be given before disbursal of loan, Certificate of possession, Detailed cost of construction and Land tax receipt. |
| Personal loan | Completely filled and duly signed application form Proof Of Identity- Aadhar card/Passport/PAN Card/Voter ID Card/Driving License Proof of Residence-Aadhar Card/Passport/Voter ID Card/Lease agreement/Telephone bill/Ration card/Electricity bill A copy of PAN card is mandatory Applicant’s latest photo of passport size ( two copies) Income Documents- Salary slip of three months /Latest salary certificate, IT returns of the past two years or Form 16 and bank statement of the past six months |
| Car loan | Completely filled application form Proof Of Identity- Aadhar card/Passport/PAN Card/Voter ID Card/Driving License Proof of Residence-Aadhar Card/Passport/Voter ID Card/Lease agreement/Telephone bill/Ration card/Electricity bill Proof of Age- Birth Certificate/ SSLC or AISSE Certificate/Passport/Driving License Proof of Income- Salaried individuals: Salary slip of three months /Latest salary certificate, IT returns of the past two years or Form 16 Bank statement of the past six months. Self-employed- Bank account statements of the past 12 months proof of existence of business and its profile Income Tax returns of the previous two years along with Balance Sheet/ Profit & Loss account |
| Fixed deposit | A coloured photograph Passport/ Driving License Last six months bank account details Documents required from the trust, association/ clubs Photographs of the member operating the account. A Copy of the Trust Deed/ Bye- laws of the association. A Copy of registration certificate. A Copy of the resolution of trustee authorizing the member to operate and open the accounts |
| Loan against property | Completely filled application form Proof Of Identity- Aadhar card/Passport/PAN Card/Voter ID Card/Driving License Proof of Residence-Aadhar Card/Passport/Voter ID Card/Lease agreement/Telephone bill/Ration card/Electricity bill Proof of Age- Birth Certificate/ SSLC or AISSE Certificate/Passport/Driving License Proof of Income- Salaried individuals: Salary slip of three months /Latest salary certificate, IT returns of the past two years or Form 16 Bank statement of the past six months. Self-employed- Bank account statements of the past 12 months proof of existence of business and its profile Income Tax returns of the previous two years along with Balance Sheet/ Profit & Loss account Property documents- Agreement for Sale & construction, Letter of Allotment, Tripartite Agreement which has to be given before disbursal of loan, Certificate of possession, Detailed cost of construction and Land tax receipt. |
| Business loan | Proof Of Identity- Aadhar card/PAN Card/Passport/Driving License/Voter ID Card Proof of Residence- Voter ID Card/Aadhar Card/Passport/Lease agreement/Ration card/Telephone bill/Electricity bill Bank statement of the last six months Proof of continuation -ITR /Establishment / Trade license/Sales Tax certificate Income Tax returns of the previous two years along with audited Balance Sheet and Profit & Loss account if applicable |
| Education loan | Proof Of Identity- Aadhar card/PAN Card/Passport/Driving License/Voter ID Card Proof of Residence- Voter ID Card/Aadhar Card/Passport/Lease agreement/Ration card/Telephone bill/Electricity bill Admission letter/Offer letter Fee structure proof Basic Qualification and mark-list |
| Gold loan | Proof Of Identity- Aadhar card/PAN Card/Passport/Driving License/Voter ID Card Recent photograph of passport size Proof of Residence- Voter ID Card/Aadhar Card/Passport/Lease agreement/Ration card/Telephone bill/Electricity bill/Trade license/Sales tax certificate |
