Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Interest rateStarts at 8.60% p.a.; the final rate depends on CIBIL score, loan amount and monthly income. The 18 August 2026 ROI table publishes score-linked Union Home tiers from 7.15% p.a. for eligible 825+ score cases, with higher tiers for lower scores and different borrower/
The official page says the rate starts at 8.60% p.a.; the current retail lists score-based Union Home rates and is updated 18.08.2026.
- Source
- Union Home Loan interest rate / Retail
- Page / section
- Home Loan Interest Rate ; retail_roi.pdf pages 1–4
- Accessed
- 30 Aug 2026
- Confidence
- high
Prepayment / foreclosureNo prepayment penalty is published for the underlying Union Home Loan; the Green Home variant follows that underlying home-loan condition on the reviewed source.View source
The Home Loan states there is no prepayment penalty.
- Source
- Home & Housing Loan Interest Rates
- Page / section
- — prepayment
- Accessed
- 30 Aug 2026
- Confidence
- high
EligibilityFinal approval and pricing depend on CIBIL score, loan amount, monthly income and Union Bank's preset conditions; the reviewed page presents home-loan eligibility for applicants who satisfy those conditions.View source
The page says final rate is determined by score, loan amount and monthly income and refers to preset conditions.
- Source
- Home & Housing Loan Interest Rates
- Page / section
- — Union Home Loan rate factors and tax conditions
- Accessed
- 30 Aug 2026
- Confidence
- high
Minimum incomeNo fixed rupee minimum salary or annual-income amount is published on the reviewed Union Home Loan rate page or retail ROI table; income is one of the stated pricing and repayment-capacity factors.View source
The official names monthly income as a rate factor but publishes no universal income floor.
- Source
- Home & Housing Loan Interest Rates
- Page / section
- — final interest-rate factors
- Accessed
- 30 Aug 2026
- Confidence
- high
Loan typeHome loanView source
The official product name identifies this as “Union Home Loan”.
- Source
- Union Home Loan — official product page
- Page / section
- Official product name and loan classification
- Accessed
- 30 Aug 2026
- Confidence
- high
BenchmarkUnion Bank's published reference benchmark is EBLR (Repo Rate), shown as 8.00% effective 13 June 2026 on the current loans-and-advances rate page. Product-specific premiums and concessions are shown separately in the retail ROI table.View source
The official rate page lists (Repo Rate) at 8.00% with effect from 13/06/ 2026 and links the retail loan rate table.
- Source
- Interest Rates — Loans and Advances
- Page / section
- Reference rates table: (Repo Rate)
- Accessed
- 30 Aug 2026
- Confidence
- high
Processing feeNo numeric processing-fee amount or percentage is published on the reviewed product pages or in the current retail ROI PDF for this product family. The Union Vehicle page mentions a processing-fee cheque when applying, but does not publish the fee amount on the reviewed page.View source
The vehicle page asks for a processing-fee cheque with a branch application but gives no amount; the reviewed retail contains rates and premiums, not a processing-fee schedule.
- Source
- Union Vehicle / Union Bank retail
- Page / section
- Application method; retail pages 1–12
- Accessed
- 30 Aug 2026
- Confidence
- high
Benefits and features
- Home-loan rate starts at 8.60% p.a.
- No prepayment penalty published on the reviewed rate page
- Tax benefits under sections 80C, 80EE and 24(b) subject to conditions
Eligibility
- Final rate depends on score, loan amount and monthly income.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Application, , income proof and property documents as required by Union Bank.
Related official documents
Union Home Loan interest rate — official product pageofficial-product-page · current · accessed 30 Aug 2026
↗Union Bank retail loan catalogueofficial-product-page · current · accessed 30 Aug 2026
↗Union Bank retail loan interest-rate tableofficial-pdf · current · accessed 30 Aug 2026
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