Union Bank Interest Rates Today

as of 2026-08-15 · Union Bank of India’s rate cards and published comparisons · reported

Best for

Borrowers who want a home loan from a large public sector bank and will trade 0.15 points against the market’s best rate for it.

What it does well: a narrow gap between the advertised home loan rate and its published ceiling, so the headline number is closer to a real offer. That component scores 4.1 out of 5.

Where it falls short: the Union Bank home loan starts 0.15 points above Bank of Baroda, the cheapest lender we track, which puts it 4th of the 12 home loan lenders in our table.

Rates and fees

Updated 15 Aug 2026 · Union Bank of India’s rate cards and published comparisons, across 1 product

How it compares

The cheapest provider we track for a home loan is Bank of Baroda at 7.20%, which is 0.15 percentage points cheaper than Union Bank of India. Among the other public sector banks we track, State Bank of India starts at 7.25%, Punjab National Bank at 7.20% and Canara Bank at 7.40%. The full standing table is on home loan interest rates, and 0.15 points on a large, long loan is worth checking against your own numbers on the EMI calculator before you decide it does not matter.

How we rated this bank

We take no money for ratings, and no bank can influence one. Every score is simple maths on a dated rate table — change the table and the score moves by itself. One product is rated here, scored against the 12 competitor rates we hold for it, and ₹0 was paid for this rating. No bank can buy, change or even see a Credsir score before you do, because the formula has no input for it. The full method is set out in our rating methodology.