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United Bank of India (UBI) Home Loan, Interest Rate and EMI Calculator January 2019

(Updated on 10.01.2019) United Bank Of India Home Loan EMI Calculator January 2019 – Get Instant Quick & Easy Approval on United Bank Home Loan. Loansninsurances.com provide a simple tool to calculate your Personal Loan EMI on the basis of ✓ Interest Rate ✓ Loan Tenure ✓ Processing Fee ✓ Eligibility ✓ Best Offers & more.

UNITED BANK OF INDIA HOME LOAN – INSTANT QUOTES ONLINE

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Loan Amount
Occupation
Yearly Income
City
Disclaimer: We do not provide Home Loans but help you to connect with banks to get best deals.
All loans are on sole discretion on the respective banks

United Bank Of India Home Loan

United Bank of India provides customers a range of best affordable and flexible home loans at pleasant interest rates and within customers’ budget limitations. UBI Home Loans renowned for its striking features such as transparent processing, flexible tenure, rapid service, opportunity for a floating rate loan or a fixed rate loan, flexible home loan Interest Rates, balance transfer facility, and lots more. Use UBI Home Loan Eligibility Calculator, the simple and easiest tool to know your Home Loan Eligibility and get the best deal on UBI Home Loan.

United Bank also provides United Bank Of India Personal loan at its striking interest rate to their customers at time of financial emergencies.

United Bank Home Loan Interest Rate

Interest Rate 8.65% P.A ( One Year MCLR)
Processing fee range Upto 0.50% , Min Rs. 1,000 and Max Rs. 10,000
Loan Amount Rs 300 lakh
Tenure Max 25 years

United Bank Of India Home Loan EMI Calculator

United Bank Of India Home Loan EMI Calculator

Fill Loan Amount, Interest rate & Tenure in Fields & get Instant Calculation for Home loan emi within seconds.
Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
 
Monthly EMI
Total Amount with Interest
Flat Interest Rate PA
Flat Interest Rate PM
Total Interest Amount
Yearly Interest Amount

United Bank Of India Types of Home Loans

1) UNITED SMART LOAN SCHEME

  • Loan for existing Housing Loan borrowers (completion of min. 2 years of loan repayment period)

  • Loan can used for furniture/fixtures and interior decoration of the house/flat 8.65%

  • Loan amount: Min. Rs. 20,000/- & above

  • Processing fees: 1% of the sanctioned loan subject to minimum of Rs.500/-

  • Repayment period shall be for 5 years.

2) UNITED HOUSING LOAN FOR PENSIONERS

  • All pensioners of Central and State Governments, Central and State Governments’ Undertakings, Defense Services, reputed Companies, Educational Institutions (Universities, Institutes, Schools and Colleges) including pensioners (VR and VRS) of United Bank of India can avail this loan.

  • Your Monthly Net Pension should be Minimum of Rs. 5,000/-

  • Loan amount: Max. 2 lakhs

  • Loan amount should be repaid before attaining 75 years.

  • Interest rate : same as United Housing Loan Scheme.

United Bank Of India Home Loan Eligibility

  • Individuals above 21 years, having regular income i.e. salary/ business / professionals and self-employed (PSEs) persons

  • Salaried person should be in regular & permanent service

  • Established and experienced Professional & Self Employed & Business persons should be at least 2 years in Trade or Profession

  • Business and PSEs should have 2 years of ITR

United Bank Of India Home Loan Documents Required

  • Signed application form with photograph

  • ID and residence proof

  • Processing fee cheque

  • Last 6 months bank statements

  • Documentation for salaried applicants:

  • Latest Salary-slip

  • Form 16

  • Documentation for self-employed applicants:

  • Education qualification certificate & proof of business existence

  • Last 3 years Income Tax Returns with computation of Income

  • Last 3 years Profit / Loss and Balance Sheet

United Bank Home Loan Prepayments: NIL

Latest News on United Bank of India

United Bank of India waives retail loan processing fee up to 100 per cent.As the festive season is coming, Banks are in a race to attract home loan seekers by offering waivers on the loan processing fees.

  • Similar to State Bank of India, UBI also decided to waive 100% processing fees.
  • The bank is also offering 50 per cent wavier on processing fees for mortgage loans, personal loans and gold loans. The waiver is available till December 2017 till the festive season.
  • UBI home loans are available at 8.55% rate irrespective of loan size & tenure. The interested home loan applicants can apply for UBI Loan service before December to avail the benefit.

UBI HOME LOAN MCLR JANUARY 2019 (w.e.f 14.09.2018) 

Loan Tenure MCLR(%)
Overnight 8.15%
1 Month 8.40%
3 Months 8.55%
6 Months 8.65%
1 Year 8.85%

Latest News

1) United Bank of India (UBI) has increased its MCLR (Marginal Cost of Funds based Lending Rate) by 0.05%. The New MCLR rate will be effective from 14th September, 2018 onwards across all Loans and advances. The New One-Year MCLR has been fixed at 8.85%. For Six-Months Tenure and Three-Months Tenure; the MCLR is set at 8.65% and 8.55% respectively. MCLR for Overnight and One-Month Tenure is 8.15% and 8.40%. MCLR-based Interest Rate on Loans will be calculated on the basis of revised MCLR.