A review on union bank of india

परिचय -
-यूनियन बैंक ऑफ इंडिया (Union Bank of India) भारत की सार्वजनिक क्षेत्र की एक इकाई है, जिसकी 55.43% अंश पूंजी भारत सरकार के पास है। बैंक 20 अगस्त 2002 को आरंभिक पब्लिक ऑफर (आई पी ओ) और फरवरी 2006 में फ्लो-ऑन पब्लिक ऑफर के साथ पूँजी बाजार में आया। वर्तमान में, बैंक की 44.57% अंश पूंजी संस्थाओं, व्यक्तियों एवं अन्यों के पास हैं। इस बैंक की ब्रांच लगभग सारे देश में है और उसके एग्जाम और उसकी जान हर शहर में हमें आसानी से मिल जाती है |

- इसका मुख्यालय मुंबई में है

यूनियन बैंक ऑफ इंडिया के फायदे-

1.) इस इस बैंक में कई तरह के खाता खोलने का अवसर प्राप्त होता है जैसे
सेविंग अकाउंट
करंट अकाउंट
बिजनेस अकाउंट
2.) इस बैंक में कई प्रकार के लोन दिए जाते हैं जैसे
कार लोन
होम लोन
पर्सनल लोन
बिजनेस लोन
एजुकेशन लोन

3 )बैंक में चेक बुक एटीएम क्रेडिट कार्ड और भी बहुत सारी सुविधाएं खाता खोलते ही आपको मिल जाती है

4.) बैंक के चार्जर जो होते हैं ना अन्य बैंकों की तुलना में बहुत ही कम है और इंटरेस्ट रेट भी बहुत ही अच्छा है इस बैंक का|

बैंक ऑफ इंडिया के नुकसान-
इस बार कोई भी नुकसान नहीं है मैं खुद भी हैं इस बैंक का खाता अपना खोल के रखा हूं यह बहुत ही अच्छी सुविधाएं देता है कभी कोई एक्स्ट्रा चार्ज नहीं काटता है मुझे लगता है इस बैंक को और अपनी ब्रांच ए बढ़ानी चाहिए गांव-गांव में इसकी ब्रांच से होनी चाहिए हालांकि अभी भी इसकी ब्रांच गांव में बिजली मिल जाती हैं पर अभी और बढ़ाने की आवश्यकता है

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A Review on Union Bank Of India


Union Bank of India is one of the largest government-owned banks of India with 120+ million customers and a total business of US$106 billion. Founded in November 11, 1919. CEO of this Rajkiran Rai G. Owner of this Bank is Government of India. Headquarters of Union Bank of Indian is in Mumbai, India.

Products:

Account Types-
Current Account
Savings Account
Fixed Deposit Account

Digital Banking Features:

App Banking
Internet Banking
Self Service Baking
ATM Banking
SMS Baking
Debit Cards
Credit Cards

They offer 3 types Loan:

Retail
MSME
RABD
Home loans
Business loans
Car Loans

saving can be done in many ways, at a bank, at home or in a savings and loan cooperative. All ways of saving, of course, have their pluses and minuses. For example in a bank, saving at this bank your funds will be guaranteed security by the state so you don't need to worry that your money is stolen or lost because the state will compensate for your losses.
Meanwhile, the minus is that there is a monthly administration fee discount that is charged to customers. However, the amount is usually small so it is not burdensome. While saving at home the risk of theft is greater, but there is no discount in administrative costs. Meanwhile, if you save in a savings and loan cooperative, usually there are also administrative costs

Commercial banks have many types of activities. The main activities of commercial banks include the following:

- Collecting funds from the public in the form of demand deposits, deposits, certificates of deposit, and savings;
- Give credit;
- Issuing debt instruments;
- Transferring money, both for the benefit of customers and for the interests of the bank itself;
- Receive payments from invoices for securities and perform calculations or with third parties;
- Provide a place to store securities and securities; and
- Placing funds from one customer to another in the form of securities that are not listed on the stock exchange.
- From the various commercial bank activities above, we can feel the benefits of using commercial bank services. Especially in this sophisticated era, someone will definitely need convenience and security in transactions.

To make people intend to save money in the bank, banks usually provide stimuli in the form of gifts, interest and other offers of remuneration that attract people, so that people want to save their money in commercial banks.

A commercial bank is a type of bank that provides services such as accepting deposits, making business loans, and offering basic investment products that is operated as a business for profit.
Role:nThe general role of commercial banks is to provide financial services to the general public and business, ensuring economic and social stability and sustainable growth of the economy.In this respect, credit creation is the most significant function of commercial banks

Regulations:
In most countries, commercial banks are heavily regulated and this is typically done by a country's central bank. They will impose a number of conditions on the banks that they regulate such as keeping bank reserves and to maintain minimum capital requirement