Union Bank of India (UBI) Home Loan
Union Bank of India (UBI) Home Loan
Union Bank of India (UBI) Home Loan
Doorstep Support & Local Language
We're here to meet you where you are, in your language.
Works for Salaried & Self-Employed
Salaried or self-employed, we'll find the right loan for you.
Pan-India Reach
We serve customers in every corner of India, across tier 1, 2, and 3 cities.
Dedicated Relationship Manager
Get guidance from a dedicated expert, not a call centre.
Union Bank of India (UBI) Home Loan EMI Calculator
Your Monthly EMI
₹ 77,530
Total Principal
₹ 1,00,00,000
Total Interest
₹ 86,07,174
Total Payable
₹ 1,86,07,174
Union Bank of India (UBI) Home Loan Key Highlights
Get the lowest interest rates with Union Bank of India
Loan Amount: Up to 75 lakhs
Rate of Interest: Starts at 8.70% per annum
RPLR: 9.30% per annum
Processing Fee: 0.50% of the loan amount (Maximum up to Rs. 15,000 + GST)
Maximum Tenure for Repayment: 30 years
Penal Rate of Interest: Nil for the floater & for fixed 2% on the average outstanding balance of the preceding 12 months, in case the loan is taken over by some other bank
Rate Packages: Fixed/Floater
Union Bank of India (UBI) Home Loan Interest Rates in 2026
UBI home loan interest rate starts at 8.10% per annum and may vary for different types of applicants (salaried or non-salaried) and the type of home loan scheme chosen. The interest rate of the Union Bank home loan is also largely impacted by the CIBIL score of the applicant. The table below enlists the Union Bank of India home loan interest rate 2026 for salaried applicants applying for home loans up to Rs. 30 lakhs:
| Loan Slab | Interest Rate for Home Loan |
|---|---|
| Less than 600 (Male) | 10.70% |
| Less than 600 (Female) | 10.70% |
| 600 - 649 (Male) | 10.15% |
| 600 - 649 (Female) | 10.15% |
| 650 – 699 (Male) | 9.55% |
| 650 – 699 (Female) | 9.5% |
| 700 - 749 (Male) | 9.45% |
| 700 - 749 (Female) | 9.40% |
| 750 – 774 (Male) | 8.85% |
| 750 – 774 (Female) | 8.85% |
| 775 and more (Male) | 8.70% |
| 775 and more (Female) | 8.70% |
Union Bank of India (UBI) Home Loan Eligibility Criteria
For Salaried Individuals
Age Range (in years)
21 – 70 years
Nationality
Indian Resident/ NRI
Minimum Income
As per bank assessment (based on repayment capacity)
For Self-Employed Individuals
Age Range (in years)
21 – 70 years
Nationality
Indian Resident/ NRI
Minimum Income
As per bank assessment (based on repayment capacity)
Union Bank of India (UBI) Home Loan Processing Fee and Charges
Every day thousands of applicants apply for Union Bank of India home loans, and to process each application, the bank charges a processing fee. Besides the processing fee, UBI has some other charges too levied upon you, and you must be aware of them all. The table below enlists the updated Union Bank of India home loan processing fee and charges:
| Charge Type | Amount / Details |
| Processing Fee | 0.50% of the loan amount (Maximum up to Rs. 15,000 + GST) |
| Charges of Cheque Bounce | Rs. 250 + GST |
| Charges for Supplying Copy of Documents | Rs. 500 per set |
| Stamp Duty/ Valuation/ Legal/ CERSAI | As per actual |
Union Bank of India (UBI) Home Loan Schemes and Top Plans
Union Bank of India offers a plethora of home loan schemes for those living in urban, semi-urban, metro, and state capitals. Listed below are the top UBI home loan schemes that have gained popularity among borrowers:
- Easy and multiple ways for loan repayment
- Available for single as well as joint applicants
- Available for NRIs who wish to purchase a property in India
- Maximum loan amount of up to Rs. 30 lakhs for home renovation or repair
- Maximum loan repayment tenure of up to 30 years (purchase/ construction) and 15 years (renovation/ repair)
- Designed for people living in rural (up to Rs. 7 lakhs) and semi-urban (up to Rs. 10 lakhs) areas
- Offers 10% of the total purchase or construction cost
- Offers 20% of the total cost for renovation or repair of a home
- Customizable for applicants with a minimum income of Rs. 48,000 per annum
- Easy home loan overdraft facility for applicants to deposit their surplus money
- Reduces the interest cost for the borrowers by maintaining the balance by deductions from the outstanding home loan amount
- Easy fund withdrawal is available as per the need of the borrower
- Lower interest rates on the loan amount
- Best top-up home loan facility for existing and new home loan applicants
- Maximum loan amount of up to Rs. 15 lakhs
- Maximum loan repayment tenure of up to 7 years
- Designed especially for existing and new home loan applicants to meet their financial needs with an easy home loan overdraft facility
- Important to close the overdraft account with this home loan account from UBI
- Maximum loan amount of up to Rs. 20 lakhs
- Maximum loan repayment tenure is up to 65 years for non-salaried applicants and up to the retirement age for salaried applicants
- Assists urban poor people to purchase a home under the PMAY scheme
- Available only to beneficiaries or family members who do not own a pucca house under their name anywhere in the country
- Home loans offered for purchase, construction, and renovation of a property
- Home loans under the PMAY scheme come with an interest subsidy of up to 6.5%, subject to change as per the category of the beneficiary
- Moratorium period of up to 36 months (Not applicable for purchase of a completed home)
- Ideal for borrowers interested in buying residential plots from State or Government bodies
- Minimum loan amount is Rs. 50 lakhs for Tier 1, including metros, cities, urban areas, and state capitals
- Maximum loan amount of up to Rs. 10 crores for (state capitals/ metro) and Rs. 5 crores for (urban areas/ cities)
- Maximum loan repayment tenure for borrowers taking loans for construction is up to 30 years or 70 years of the borrower’s age
- Maximum loan repayment tenure for borrowers taking loans not for construction is up to 10 years or 70 years of the borrower’s age
* Note: All of the above home loan plans are made available to applicants solely at the discretion of Union Bank of India, taking into consideration the earning and repayment capacity of the applicant.
Documents Required for Union Bank of India (UBI) Home Loan
It is mandatory to submit a set of documents to apply for a home loan from any bank or NBFC. Have a look at the Union Bank of India home loan documents required list and arrange for the same before applying for a UBI home loan:
| Proof of Income |
|
| Other Required Documents |
|
| Proof of Income |
|
| Other Required Documents |
|
| Identity & Address Proof | Voter ID, Driving License, Aadhaar Card, Copy of Passport, PAN Card |
| Documents Related to Property |
|
Apply Home Loan Through BASIC Home Loan
The Union Bank of India home loan apply online procedure is quite simple and can be done from anywhere. Read the procedure mentioned below to apply for a UBI home loan online:
Apply Now on the BASIC Website
Proceed to the 'APPLY NOW' section on the BASIC Home Loan website.
Enter Your Details and Submit
Fill in the form by entering your name, contact number, and other required details, and submit the form.
Our Expert Will Reach Out to You
A BASIC Home Loan team representative will connect with you shortly to assist you through the entire home loan application process.
Talk to our Expert
- Neutral, AI-backed advice
- Compare 50+ lenders instantly
- Transparent process, Zero bias
By continuing, I agree with Basic Terms and Conditions and Privacy Policy
FAQ's
Ready to Find the Best-Fit Home Loan?
- Talk to Your Dedicated Loan Expert Today!
