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12-08-2025
Exchange Rate
GBP/INR 115.93 less than £250 117.28 £250 to £1999 117.38 £2000 to £4999 117.43 £5000 to £9999
USD/INR 86.99 Up to $2000
12-08-2025Exchange Rate
GBP/INR 115.93 less than £250
117.28 £250 to £1999 117.38 £2000 to £4999 117.43 £5000 to £9999
USD/INR 86.99 Up to $2000
Scheduled Maintenance Announcement: Dear Customers, Our website will be undergoing maintenance on 12 August 2025, from 10:00 AM to 2:00 PM. During this time, the website may not be available. We’re sorry for any inconvenience and thank you for your understanding as we work to improve your experience. If you need help, please contact us at: info@unionbankofindiauk.co.uk or call us on 020 7332 4250. Thank you for your support. To access our online deposit account , you may access through this link https://www.unionpremierbond.unionbankofindiauk.co.uk/ and https://www.unionpremierbond.unionbankofindiauk.co.uk/ECODT/Login.aspx
Home>Business Banking>Business Loans

Business Loans

We offer various Fund based and Non-Fund based facilities to Business customers.

 

  • Term Loans for project finance, acquisitions, development of Commercial / residential/ mixed projects, Buy to Let, ECB (External Commercial Borrowings)
  • Working Capital facility / overdraft for financing daily business needs
  • Loan against Fixed deposits
  • Trade Finance - Trust receipt financing, Issuance of acceptance of LC, bills collection bills discounting/purchase and handling
  • Loan against Standby Letter of Credit (SBLC)

 

Union Bank of India is one of the largest government-owned banks of India with 120+ million customers, 9500+ branches and a total business of US$106 billion. After the amalgamation with Corporation Bank and Andhra Bank, which came into effect on 1 April 2020, the amalgamated entity becomes the fourth largest bank in terms of branch network. The Group has branches overseas in Hong Kong, Dubai, and Sydney, as well as representative offices at Abu Dhabi, and a banking joint venture in Malaysia. In addition to UBI subsidiary in the UK, the Group has four asset management / financial services subsidiaries and three joint ventures in insurance field, along with one associate in Banking field in India.

 

Union Bank of India (UK) Ltd.’s expert international trade team manages trade between UK and other parts of the world, including India. The team handles all types of trade transactions you need including LC advising, LC issue, Bills Negotiation, Collections, Discounting of Bills, LC Refinancing, issuance and acceptance of Standby Letters of Credit and Bank guarantees.

 

Contact us

For your loan requirements, you may please contact us at +44 2073324250 by phone or email us at

 

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