Tools/Union Bank Business Loan EMI Calculator
Union Bank Business Loan EMI Calculator
Estimate your Union Bank of India business loan EMI at indicative rates of 9.3%-13% p.a. - then compare real offers from 125+ lenders.
Loan Configuration
Save up to ₹2,16,292
Recur Club founders typically secure rates ~2.5% lower than market average. Indicative savings over full tenure.
Monthly EMI
₹1,70,888
Principal
₹50 Lakh
Total Interest
₹11.5 Lakh
125+ lenders. Termsheet in 48h. Zero equity dilution.
Union Bank of India business loan rates at a glance
Union Bank of India offers MSME loans through schemes like Union Nari Shakti, Union MSME Suvidha, and GST-based lending. Union Bank business loan rates typically range from about 9.3% to 13% p.a., linked to the EBLR benchmark.
Union Bank sits firmly in the low-cost public sector band. Use the calculator to estimate your Union Bank EMI at indicative rates, then benchmark against live offers from 125+ lenders through Recur Club.
Explore Working Capital LoansUnion Bank business loan - key details
Interest rate (indicative)
9.3% to 13% p.a. - your exact rate depends on turnover, vintage, credit score, and collateral. Rates change with RBI policy; treat these as indicative, not quotes.
Processing fee
Typically up to 1% of the loan amount, charged upfront at disbursal.
Collateral-free limit
Generally up to ₹5 crore under CGTMSE cover.
Tenure
Usually 12 to 84 months for business loans; longer for secured term loans.
How to use this Union Bank EMI calculator
- 1
Set the loan amount you plan to borrow with the first slider.
- 2
Set the interest rate - Union Bank's business loan rates are typically 9.3% to 13% p.a. Start with the middle of the band if you're unsure.
- 3
Pick your tenure. A longer tenure lowers the EMI but increases total interest paid.
- 4
Read your monthly EMI, total interest, and total repayment - results update instantly.
- 5
Click "Unlock - Get Exact Terms" to see what 125+ lenders (banks and NBFCs) would actually offer your business.
Why borrowers compare Union Bank with other lenders
Among the lowest rate caps
A published ceiling around 13% p.a. is lower than most banks' starting rates for unsecured loans.
Targeted MSME schemes
Special schemes for women entrepreneurs and GST-registered businesses widen eligibility.
One application, 125+ lenders
Through Recur Club, Union Bank competes with 125+ other banks and NBFCs on the same application - competition is the most reliable way to improve your rate.
Termsheet in 48 hours
Instead of applying bank by bank, get an indicative termsheet across lenders in 48 hours, collateral-free options included.
