The countrywide outreach camps follow the RBI Monetary Policy Committee’s back to back rate cuts which saw interest rates on bank credit fall 50 basis points. Union Bank’s MSME loan now start at an affordable interest rate of 8.75%.

The programs will be conducted across 62 locations from April 28 to 30, 2025, bringing together existing and potential customers, industry associations, trade bodies, and government agencies. These events will serve as collaborative platforms to address financial needs, promote digital banking awareness, and introduce tailored financial solutions.

The MSME & CASA Outreach program will focus on understanding customers’ financial needs, showcasing bank products, generating leads, and gathering feedback for continuous improvement in service quality and customer satisfaction. The program will cater to existing & prospective MSME customers, start-ups, young professionals, emerging entrepreneurs, women entrepreneurs, vendors and suppliers associated with large industries, and representatives from industry associations, trade bodies, and chambers of commerce. The CASA Outreach program is designed for prospective premium CASA customers, government department heads, doctors, and other professionals

The event will be presided over by senior officials from Union Bank and will provide a platform for customers to engage with the bank and share their experiences.

During the outreach, customers will have the opportunity to upgrade their CASA accounts and activate salary accounts on the spot. The program will also feature on-spot locker sanction, Vyom digital banking registration, and dedicated help desks for internet banking and mobile banking activation.

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The Green Home Loan is a specialized financing solution that rewards homeowners for incorporating eco-friendly features into their properties. The Loan offers a unique opportunity for homeowners to reduce their environmental footprint while enjoying long-term financial benefits.

The Union Green Home Loans are available for Purchase/Construction/Takeover  of House/Flat certified as Green Building/Project from Builder/Society/Agencies/Development Authority.

Key points

– Eligibility: Indian citizens and NRIs aged 18-75 years

– No limit on loan amount

– Interest rates: 10 bps concession for certified green housing projects

– Repayment period: Up to 30 years

The post Union Bank Of India Reaffirms its commitment to a sustainable future for generations to come with Green Home Loans appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

Expressing his happiness about these partnerships, CMD of IREDA, Shri Pradip Kumar Das said: “Both Union Bank of India and Bank of Baroda have an extensive nationwide presence with a vast network of branches. This collaboration aims to extend our reach, particularly in tier-2 & tier-3 cities and rural areas, enabling us to provide unique and innovative financial support to existing and new customers. We are confident that by combining our strengths and resources, we will continue to serve our customers in alignment with the vision of the Prime Minister for Atmanirbhar Bharat and sustainable growth.”

The post IREDA signs MoUs with Union Bank of India and Bank of Baroda to co-finance Renewable Energy projects appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.