Union Bank of India
Public sector bank with loan schemes for women-owned businesses, SC/ST and women entrepreneurs starting greenfield ventures, and MSME exporters.
Union Bank of India at a glance
| Established | 1919 |
|---|---|
| Address | Union Bank Bhavan, 239, Vidhan Bhavan Marg, Nariman Point, Mumbai – 400 021, Maharashtra, India |
| Programmes | 4 standing programmes |
| Official website | www.unionbankofindia.bank.in |
Programs Union Bank of India supports
Programs this organisation funds, run by others. · 1 open now · 0 past
Which Union Bank of India programme fits you
4 programmes compared by who they are for, the stage they accept, how long they run and what they cost.
| Programme | Best for | Stage | Duration | Format | Cost |
|---|---|---|---|---|---|
| Union Stand Up India Scheme | SC/ST and women entrepreneurs starting a first greenfield venture | — | — | — | — |
| Union Nari Shakti Scheme | Women-owned and women-managed MSMEs and women self help groups | — | — | — | — |
| Union Credit Guarantee Scheme for Exporters | Eligible exporters, including MSME exporters | — | — | — | — |
| Union MSME Superfast STP | MSMEs needing working capital | — | — | — | — |
Programmes they run
Standing programmes at Union Bank of India, separate from the funding calls above.
A bank loan for a first, greenfield venture set up by an SC/ST or women entrepreneur.
Best for: SC/ST and women entrepreneurs starting a first greenfield venture
What you get, who can apply and how to applyHide details
Union Stand Up India Scheme is a bank loan for greenfield projects set up by Scheduled Caste, Scheduled Tribe or women entrepreneurs. Greenfield means the first venture of the beneficiary in manufacturing, services or trading.
Who can apply
- SC/ST and/or women entrepreneurs above 18 years of age.
- For a company or partnership, 51% of the shareholding and controlling stake held by SC/ST and/or women entrepreneurs.
- Borrowers must not be in default to any bank or financial institution.
How to apply: Use the Apply Now button on the scheme page.
A business loan for women-owned and women-managed MSMEs and women self help groups with Udyam registration.
Best for: Women-owned and women-managed MSMEs and women self help groups
What you get, who can apply and how to applyHide details
Union Nari Shakti is a business loan from Union Bank of India for women entrepreneurs.
Who can apply
- Women-owned and women-managed MSMEs with a valid Udyam registration number.
- For a partnership or company, women must own at least 51% of the share capital.
- Women self help groups with a valid Udyam registration certificate.
How to apply: Use the Apply Now button on the scheme page.
Union Credit Guarantee Scheme for Exporters
Credit guaranteeA guarantee the bank takes on credit to exporters, including MSME exporters. You apply to the bank.
Best for: Eligible exporters, including MSME exporters
What you get, who can apply and how to applyHide details
The Union Credit Guarantee Scheme for Exporters gives guarantee coverage for credit assistance to eligible exporters, direct and indirect, including eligible micro, small and medium enterprise exporters.
How to apply: Apply to the bank through the Apply Now button on the scheme page.
An online working-capital loan for MSMEs.
Best for: MSMEs needing working capital
What you get, who can apply and how to applyHide details
Union MSME Superfast STP is an online loan for MSMEs to meet the working capital needs of the business. The scheme page shows credit guarantee coverage from CGTMSE among its terms.
How to apply: Apply online through the MSME loan link on the scheme page. Eligibility criteria are listed on that page.
News
- Union Bank of India announces winners of IDEA 2.0 hackathon in Mumbaiindiantelevision.com · last month
- Union Bank of India Announces Winners of IDEA 2.0 Hackathon Under PSBs Hackathon Series 2026collegementor.com · last month
Source: Google News aggregated
How to apply to Union Bank of India
Choosing the right scheme
- Greenfield loans under Union Stand Up India are for a first venture, not an existing business.
- Union Nari Shakti needs the women-ownership test: at least 51% of share capital held by women in a partnership or company.
- Credit guarantee cover applies to the loan the bank makes. Apply to the bank, not to the guarantee scheme.
How to apply
- Each scheme page has an Apply Now button that opens the bank's application form.
- Have your Udyam registration number ready for Union Nari Shakti.
What the bank reviews
- Loans are assessed on the bank's own credit standards. Scheme cover does not replace that appraisal.
About Union Bank of India
Union Bank of India is a public sector bank registered in 1919 and headquartered in Mumbai. The Government of India holds the majority of its paid-up capital.
Founders reach the bank through its MSME and retail lending. Its pages list a small set of schemes aimed at new or small businesses, and each one is applied for through the bank itself rather than through an incubator or a government portal.
Schemes for new and small businesses
Union Stand Up India Scheme is a bank loan for greenfield projects, meaning a first venture in manufacturing, services or trading, set up by a Scheduled Caste, Scheduled Tribe or women entrepreneur above 18 years of age.
Union Nari Shakti is a business loan for women-owned and women-managed MSMEs and for women self help groups, with a valid Udyam registration.
Union Credit Guarantee Scheme for Exporters is a guarantee the bank takes for credit to eligible exporters, including MSME exporters. The borrower applies to the bank.
Union MSME Superfast STP is an online working-capital loan for MSMEs.
Who runs it
Union Bank of India is a public sector bank. It is not an incubator, accelerator or fund, and its pages do not describe mentoring, workspace or equity investment for startups.
Locations
The bank reports a network of 8700+ domestic branches. Its MSME First Branch format offers dedicated relationship managers for MSME customers.
Frequently asked questions about Union Bank of India
What is Union Bank of India?
Union Bank of India is a corporate based in Mumbai, Maharashtra.
What does Union Bank of India do?
Union Bank of India is a public sector bank registered in 1919 and headquartered in Mumbai. The Government of India holds the majority of its paid-up capital. Founders reach the bank through its MSME and retail lending.
Where is Union Bank of India located?
Union Bank of India is located at Union Bank Bhavan, 239, Vidhan Bhavan Marg, Nariman Point, Mumbai – 400 021, Maharashtra, India.
What programs does Union Bank of India run?
Union Bank of India runs Union Stand Up India Scheme, Union Nari Shakti Scheme, Union Credit Guarantee Scheme for Exporters and Union MSME Superfast STP.
How do I apply to Union Bank of India?
- Greenfield loans under Union Stand Up India are for a first venture, not an existing business. - Union Nari Shakti needs the women-ownership test: at least 51% of share capital held by women in a partnership or company. - Credit guarantee cover applies to the loan the bank makes. Apply to the bank, not to the guarantee scheme.
When was Union Bank of India founded?
Union Bank of India was founded in 1919. It is a corporate.
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