Union Bank of India (UBI) Home Loan Interest Rate
Union Bank of India (UBI) Home Loan Interest Rate
The Union Bank of India offers a competitive interest rate on its home loan products, starting at 7.45% per annum. The maximum tenure for loan repayment for a Union Bank Home Loan is up to 30 years. The tables given below enlist the Union Bank of India home loan interest rate 2025 for different categories of loan applicants.
Union Bank of India 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 Home Loan Key Highlights
Amount of Loan
Up to 90% of the property cost
Rate of Interest
8.40% p.a. onwards
Processing Fees
Up to 0.50% of the loan amount (Maximum up to Rs. 15,000 + GST)
Max Tenure for Loan Repayment
30 years
| Loan Category | Rate of Interest on Home Loan |
|---|---|
| Applicants with a CIBIL score of 750 or higher | 8.35% to 8.50% per annum |
| Other Applicants | 9.35% - 10.75% p.a. |
Standard Home Loan Rates of Interest for Salaried and Self-Employed Applicants
Retail Prime Lending Rate: 9.30%
| Loan Category | Rate of Interest on Home Loan (p.a.) |
|---|---|
| All Loans | Policy Repo Rate (6.50%) + Spread (2.80%) = 9.30% |
Union Awas Housing Loan Interest Rates
| Loan Category | Rate of Interest on Home Loan (p.a.) |
|---|---|
| All Loans | 8.40% p.a. onwards |
Top-Up Loans Interest Rates
| Loan Category | Rate of Interest on Home Loan (p.a.) |
|---|---|
| Top-Up for Existing Bank Customers (Outstanding Home Loan + Top-Up Loan) | 8.40% p.a. onwards |
Interest rates were last updated on 10th July 2025
Union Bank of India Home Loan Interest Rates for All Schemes in India
The Union Bank of India is one of the best public sector banks in the country, offering a whole range of housing loan schemes. The bank understands the varied needs of different customers and therefore offers home loans to buy a home, construct or renovate a home, balance transfer and top-ups. The table below enlists some of the key home plans offered by the bank and the standard rate of interest offered on each.
| Rates of Interest for Each Plan | Rates of Interest for Each Plan |
|---|---|
| Union Awas Loan | 8.40% p.a. onwards |
| Union Smart Save Loan | 9.60% p.a. onwards |
| Union Plot Purchase Loan | 9.65% p.a. onwards |
| Union Ashiyana Overdraft Loan | 11.00% p.a. onwards |
| Union Ashiyana Personal Loan | 11.80% p.a. onwards |
Union Bank of India Home Loan Interest Rates for Balance Transfer, Top Up and Overdraft
The Union Bank of India does everything possible to offer its home loan customers a comfortable experience. For this, it offers three types of privileges to make the housing loan facility more convenient to them, and these are listed below:
Union Bank of India Home Loan Top-Up
The Union Bank of India offers the Ashiyana Personal Loan Scheme as a top-up facility to the existing and new home loan borrowers of the bank. It helps the customers meet their financial expenses in a flexible way by offering them reduced EMIs and some tax benefits. The Union Bank of India home loan top up interest rate starts at 11.80% p.a.
Union Bank of India Home Loan Overdraft Option
The Union Bank of India allows its home loan customers to use additional funds for personal and professional requirements through an overdraft facility. Through this overdraft scheme, the customer can deposit a surplus amount in the linked overdraft account and easily withdraw funds as and when required without applying for a fresh loan from the bank.
Union Bank of India Home Loan EMI Calculation 2025
| Loan Amount | Rate of Interest | EMI for 10-Year Loan Tenure | EMI for 20-Year Loan Tenure | EMI for 30-Year Loan Tenure |
|---|---|---|---|---|
| Rs. 10 lakh | 8.40% p.a. | Rs. 12,345 | Rs. 8,615 | Rs. 7,618 |
| Rs. 20 lakh | 8.40% p.a. | Rs. 24,690 | Rs. 17,230 | Rs. 15,237 |
| Rs. 30 lakh | 8.40% p.a. | Rs. 37,035 | Rs. 25,845 | Rs. 22,855 |
| Rs. 40 lakh | 8.40% p.a. | Rs. 49,381 | Rs. 34,460 | Rs. 30,474 |
| Rs. 50 lakh | 8.40% p.a. | Rs. 61,726 | Rs. 43,075 | Rs. 39,092 |
| Rs. 60 lakh | 8.40% p.a. | Rs. 74,071 | Rs. 51,690 | Rs. 45,710 |
| Rs. 70 lakh | 8.40% p.a. | Rs. 86,416 | Rs. 60,305 | Rs. 53,329 |
| Rs. 80 lakh | 8.40% p.a. | Rs. 98,761 | Rs. 68,920 | Rs. 60,947 |
| Rs. 90 lakh | 8.40% p.a. | Rs. 1,11,106 | Rs. 77,535 | Rs. 68,565 |
| Rs. 1 crore | 8.40% p.a. | Rs. 1,23,452 | Rs. 86,150 | Rs. 76,184 |
Disclaimer:
The figures in the table above are based on an 8.70% p.a. interest rate offered by the Union Bank of India. They may vary, however, based on the different interest rates offered by other banks, your monthly income, and other factors.
How to Calculate Union Bank of India Home Loan Interest Rates?
The most convenient way to find your interest rate payable on a Union Bank home loan plan is by using the online home loan interest rate calculator available at EMI. Feel free to use this online home loan EMI calculator to plan your monthly finances better as you figure out how much EMI you would be required to pay against your home loan amount with Union Bank of India. The table below provides a detailed estimate of the EMI payable and the interest rate on Union Bank of India home loans so that you have a better picture before applying for one.
Compare Union Bank of India Home Loan Interest Rate with Top Union Banks
The Union Bank of India offers a variety of home loan schemes to eligible applicants at affordable interest rates. But, we recommend comparing its home loan rates with other leading banks and NBFCs. So, with this purpose, we present you this table highlighting the interest rates and the processing fees of other competitors for a thorough comparison:
Union Bank of India Home Loan Balance Transfer
The Union Bank of India does everything possible to help home loan borrowers shed their financial loads. For this, it offers them to transfer their outstanding balance from any other bank of NBFC to Union Bank at lower interest rates. These benefits are roped in the form of Union Bank Balance Transfer Home Loans that help the borrower enjoy reduced EMIs.
The Union Bank of India balance transfer interest rates for salaried and self-employed individuals start at 8.40% per annum for all loans. The easiest way to apply for a Union Bank of India balance transfer process is as follows:
Go to the Repay Right section on the BASIC Home Loan website - Repay Right
In the section, fill out the provided form with all your key details on the current outstanding loan amount, existing rate of interest per annum, new rate of interest per annum, existing loan repayment tenure, and existing EMI paid on the loan amount.
Click on Next once you have entered the required details on the form.
You can see your total savings with the Union Bank of India Home Loan Balance Transfer option on the next page.
Alternatively, you can get in touch with one of the team representatives of BASIC Home Loan, who can help maximize your savings with Union Bank of India Balance Transfer on home loans.
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