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United Bank of India

Headquartered in Kolkata, United Bank of India is one of the best banking and financial services providers in Eastern India. It is a state-owned public sector bank.

About United Bank of India (UBI)

United Bank of India was founded in 1950. It was formed as a result of a merger of 4 banks in Bengal: Bengal Central Bank, Comilla Banking Corporation, Hooghly Bank and Comilla Union Bank.

UBI was nationalized together with 13 other prominent commercial banks in India by the Government of India in 1969. United Bank just had 174 branches when it was nationalized. Currently, United Bank has a 3-tier organizational arrangement comprising the head office, 1510 branches and 28 regional offices. The Chairman and Managing Director of UBI is Shri Bhaskar Sen.

The bank has a dominant presence in states like West Bengal, Manipur, Assam and Tripura and plays the role of a Lead Bank in these states. It is also named as the “Tea Bank” since it has been offering loans to the tea industry for a long period. The ATMs of UBI have CashTree agreement with eleven other banks.

Mergers with UBI

During its long and glorious journey, United Bank of India has acquired and merged with a number of banks which include the following:

  1. Bengal Central Bank
  2. Comilla Banking Corporation
  3. Hooghly Bank
  4. Comilla Union Bank
  5. Tezpur Industrial Bank and Cuttack Bank
  6. Narang Bank of India
  7. Hindusthan Mercantile Bank

United Bank of India products and services

The broad gamut of products and services offered by United Bank of India includes the following:

Deposit Schemes

  1. United Tax Savings Income Plan
  2. United Tax Savings Growth Plan
  3. Fixed Deposits
  4. United Bonanza Savings Schemes
  5. United Bonanza Current Deposit Schemes
  6. Re-Investment Plans
  7. United Flexi Deposit Schemes
  8. Recurring Deposit
  1. Capital Gains Accounts Schemes
  2. United Anand Deposit Schemes
  3. United Children Savings Account
  4. Savings Bank Account
  5. United Current Deposit Account
  6. United Basic SB Account
  7. United Gold and Platinum Current Deposit Schemes

Retail Credit

  1. United Smart Loan Scheme
  2. United Housing Loan Scheme
  3. United Personal Loan Scheme for Salaried Persons
  4. United Housing Loan for Pensioners
  5. United Personal Loan Scheme for Pensioners
  6. United Demand Loan Scheme
  7. United Tour & Travel Credit Scheme
  8. United Festival Loan Scheme
  9. United Consumer Loan Scheme
  1. United Car Loan Scheme
  2. United Shikshak Samman Yojana
  3. United Education Loan Scheme
  4. United Trade Credit
  5. United Nari Samman Yojana
  6. United Reverse Mortgage Loan Scheme
  7. United Mortgage Loan Scheme
  8. United Cash Rental

Utility Schemes

  1. United Mobile Services
  2. NRI (Non-Resident Indian)
  3. United Suraksha Yojana
  4. Forex
  1. OLTAS
  2. RTGS (Real Time Gross Settlement)
  3. E-Payment
  4. Tax Collection Services

Priority Sector

  1. Small Scale Industries
  2. Agricultural Loans
  3. Retail Trade
  4. Road Transport Operators
  5. Debt waiver & Debt relief scheme 2008
  6. Professional and Self Employed Person

Corporate Banking

  1. Working Capital Finance
  2. Term Loans
  3. Export Credit
  4. Corporate Loans

Internet Banking

  1. Cheque Inquiry Status
  2. View account details
  3. Fund Transfer To own account
  4. Statement of account
  1. Fund transfer to third party account of Internet enabled Branch of UBI
  2. e-Payment of Indirect Tax (Central excise & service Tax )
  3. e-payment of Direct Tax
  4. e-payment of WB Commercial Tax

United Bank of India Contact Details

United Bank of India,
Head Office,
11, Hemanta Basu Sarani,
Kolkata – 700001