Business EconomyPosted at: Sep 8 2022 9:00PM

Union Bank launches 705 new Union Gold Loan Points

Hyderabad, Sep 8 (UNI) : Union Bank of India on Thursday said it has launched 705 new “Union Gold Loan Points” to further strengthen the Gold Loan business and customer service enrichment.
With this, the bank has 1221 Union Gold Loan Points across the country, a release said .
Speaking on the occasion, Union Bank of India MD & CEO Ms. A. Manimekhalai stressed the need to explore the untapped Gold Loan business opportunity as it is a secured and hassle-free mode of lending with minimum time engaged. This means easy loan in the fastest TAT.
She also emphasized that Indian society has sentimental values towards their gold ornaments and Union Bank of India being a responsible banker will take utmost care to keep the trust of the customers intact with the Bank.
Union Bank of India had announced the formation of New Gold Loan Vertical as a part of a new initiative in the quarter of June 2022. This vertical has been conceptualized with a view to tap the market share under the gold loan portfolio.
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Union Bank launches 705 new Union Gold Loan Points

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