Union Bank of India is one of the biggest state-owned banks in India. All the branches of Union Bank of India are fully networked branches and offer an array of financial and banking services. The bank is headquartered in Mumbai, Maharashtra.
About Union Bank of India (UBI)
Union Bank of India started its journey way back in 1919. The bank began its operations as a limited company. The first branch of Union Bank of India was inaugurated by the Father of the Nation, Mahatma Gandhi. The bank was nationalized in 1969. UBI has gradually grown into one of the most innovative commercial banks in India with a dynamic outlook to the evolving needs of the society. Continuous growth and effective value-added services offered by the bank have made it one of favourite banks in India. The bank employs more than 26,000 employees to satisfy its customers in various areas. All the branches of UBI are networked with its 1135 ATMs. The bank offers online ebanking facility to its retail and corporate clients. UBI provides internet banking facility to its customers of Core banking branches. People can easily excecute their banking transanctions without moving physically to the branches. There are value-added services such as Insurance, Cash Management Services, Demat and Mutual Funds.
The bank has its branches in 20 major states of India. It has its branches in Assam, AndhraPradesh, Bihar, Chandigarh, Chhattisgarh, Delhi, Gujrat, Haryana, Jharkhand, Karnataka, Kerela, Madhya Pradesh, Maharashtra, Orissa, Punjab, Tamilnadu, Uttar Pradesh, Uttaranchal and West Bengal.
The Chairman and Managing Director of Union Bank of India is Mavila Vishwanathan Nair.
Mergers with Union Bank of India
During its extensive journey, Union Bank of India merged with a number of banks which include the following:
Miraj State Bank
Overseas Offices of Union Bank of India
The overseas offices and branches of UBI are located in the following regions: