What is Debit Card? Debit Card is an instrument that can be used to: Features of Union Bank Debit Card: How to Apply: Service Charges (with effect from 01.08.2022) Charges for 1st year of usage Nil Charges for subsequent year to be charged annually (AMC) from the date of card issuance. For other than waived accounts as above. Classic - Rs. 200 + GST Platinum - Rs. 300 + GST Signature/RuPay Select - Rs. 400 + GST Visa Business Platinum - Rs. 400 + GST Card Reissuance upon Surrendered/Blocked/Hot-listed/Damaged etc. Rs. 150 + GST Introduction of Debit Card upgradation charges to higher card variant. 1. Classic to Platinum /Signature/RuPay Select - Rs. 100 + GST 2.Platinum to Signature/Select - Rs. 100 + GST Generation of physical Debit Card PIN dispatched to branch. Rs. 50 + GST Cash withdrawal at other Bank’s ATM Union bank customers are eligible for 5 free transactions (Inclusive of financial and non-financial transactions) every month from union bank’s ATM. They are also eligible for free transactions (inclusive of financial and non-financial transactions) from other bank’s ATM viz three transactions in metro centers and five transactions in non-metro centers. Beyond free transactions: Financial Transactions - Rs. 21 + GST Non-financial transactions - Rs. 8 + GST All International financial transactions - Rs. 125 + GST All International non-financial transactions - Rs. 35 + GST Currency conversion charges for International financial transaction amount. 2.5 % of transaction amount Steps for creating Green PIN: For any queries or complaints please contact our 24X7 call center: Issuance of VISA and Master Card: Account tier classification CARD VARIENT Classic Platinum Business Platinum Signature Daily withdrawal limit – ATM 25000/- 75000/- 100000/- 100000/- Daily shopping limit- POS 50000/- 150000/- 300000/- 300000/- Total daily limit 75000/- 225000/- 400000/- 400000/- Issuance of RuPay cards: Account Tier Classification Card Variant Classic Platinum Select Daily withdrawal limit - ATM 25000/- 75000/- 100000/- Daily Shopping limit – POS 50000/- 150000/- 300000/- Total daily limit 75000/- 225000/- 400000/- Other benefits of platinum debit card given by VISA, RuPay & MasterCard to card holders: Lounge access program allows 2 complimentary accesses per quarter to RuPay Platinum card holders. For more details kindly visit RuPay Offers Kindly visit VISA commercial site – Visa Offers Airport Lounge Access Program – Visa Click here Kindly visit MasterCard commercial site – Mastercard Offers Please note the offers provided by Networks are subject to changes from time to time. Disclaimer: Customers are advised that any person resident in India collecting and effecting/remitting payments directly/indirectly outside India in any form towards overseas foreign exchange trading through electronic /internet trading portals would make himself/herself/themselves liable to be proceed against with for contravention of Foreign Exchange Management Act (FEMA), 1999 besides being liable for violation for regulations relating to know your customer (KYC) norms / Anti Money Laundering (AML) standards. If the customer attempts to do such transaction, the bank will immediately block/cancel the card and close the account without any further notice. The names of defaulting customers will be reported to Reserve Bank of India.
FAQs
Which is the No 1 Bank in India? ›
Punjab National Bank scored higher in 9 areas: Overall rating, Culture and values, Diversity and inclusion, Work-life balance, Senior management, Compensation & Benefits, Career opportunities, CEO approval and Recommend to a friend. Union Bank of India scored higher in 1 area: Positive Business Outlook.
How safe is the Union Bank of India? ›We are covered by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme.
Why is Unionbank a good Bank? ›The Bank has always been among the first to embrace technological innovations to empower its customers. With this, it has consistently been recognized as of one of Asia's leading companies, ranking among the country's top universal banks in terms of profitability and efficiency.
Which bank is very rich in India? ›The SBI, or the State Bank of India, is the largest bank in India by total assets, while HDFC Bank tops the list in terms of market capitalisation.
Which bank is very safest in India? ›- State Bank of India (SBI) The State Bank of India (SBI) is India's largest public sector bank providing an extensive range of banking services. ...
- HDFC Bank. ...
- ICICI Bank. ...
- Punjab National Bank. ...
- Bank of Baroda (BoB) ...
- Axis Bank. ...
- Canara Bank. ...
- Union Bank of India.
Union Bank of India is one of the leading public sector banks of the country. The Bank is a listed entity, and the Government of India holds 74.76 percent in Bank's total paid-up capital. The Bank, having its headquarters at Mumbai (India), was registered on November 11, 1919 as a limited company.
Which Indian bank is best in USA? ›| Bank Name | Interest rate (%) p.a. | Minimum monthly balance requirements |
|---|---|---|
| Bank of Baroda | 2.75% | Quarterly average balance Rs. 50,000 |
| Kotak Bank | 3.50% | Rs. 10,000 |
| Ranking | Bank's Name |
|---|---|
| 1. | State Bank Of India (SBI) |
| 2. | HDFC Bank |
| 3. | Punjab National Bank(PNB) |
| 4. | ICICI Bank |
The Bank continued to maintain a healthy capital adequacy position, well above the regulatory requirements and the Bank's Total Capital Ratio was 19.01% as of 30 June 2023.
How strong is the Union Bank of India? ›
In terms of growth, Union Bank of India has shown a consistent increase in its Net Interest Income (ex other income) at an annual rate of 29.12%, and its net profit has also grown by 51.83%. Additionally, the company declared very positive results in December 2023 with a growth in interest of 3.16%.
Who owns Union Bank India? ›Union Bank of India is one of largest state-owned banks in India. The Bank is a listed entity and the Government of India holds 83.49 percent in Banks Total Share Capital.
Who owns Union Bank now? ›Union Bank was an American national bank with 398 branches in California, Washington and Oregon. It was owned by MUFG Americas Holdings Corporation and was acquired by U.S. Bancorp in December 2022.
How secure is Union Bank? ›All Unionbank cards come with embedded SMART CHIP technology at no extra cost to you. Your account information is securely stored in the chip that provides an extra layer of security when used in POS or ATMs that are chip-enabled. For your added protection, fallback* transactions will no longer be allowed.
Is Union Bank a small bank? ›And with more than $1.3 billion in total assets and countless checking, savings and investment accounts opened since 1891, we've more than proved our value to the community.
Which is India's No 2 bank? ›HDFC Bank. One of the biggest banks in India by market capitalisation,² HDFC Bank has a huge network of branches and ATMs across the country. It also has a large number of accounts to choose from, including current accounts for businesses, salary accounts, deposit accounts and investment products.
Which is India's No 1 private bank? ›State Bank of India (3rd largest bank in India by market capitalisation): Founded in 1955, SBI is India's largest public sector bank with 22,405 branches and a 23 percent market share.