Add office photos
Employer?
Claim Account for FREE
Union Bank of India
4.0
based on 635 Reviews
Company Overview
Company Locations
Working at Union Bank of India
Company Summary
Overall Rating
4.0/5
based on 635 reviews
64% above
industry average
Highly rated for
Job Security
Work Policy
Work from office
96% employees reported
Monday to Saturday
48% employees reported
Strict timing
67% employees reported
Within city
36% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
46 employees reported
Health insurance
37 employees reported
Professional degree assistance
19 employees reported
Office cab/shuttle
19 employees reported
View all benefits
About Union Bank of India
Founded in1919 (105 yrs old)
India Employee Count50k-1 Lakh
Global Employee Count50k-1 Lakh
India HeadquartersMumbai, Maharashtra, India
Office Locations
Websiteunionbankofindia.co.in
Primary Industry
Other Industries
Are you managing Union Bank of India's employer brand? To edit company information,
claim this page for free
Union Bank of India was established on 11th November 1919 with its headquarters in the city of Bombay now known as Mumbai.
The Head Office building of the Bank in Mumbai was inaugurated by Mahatma Gandhi, the Father of the nation in the year 1921, and he said on the occasion:
"We should have the ability to carry on a big bank, to manage efficiently crore of rupees in the course of our national activities. Though we have not many banks amongst us, it does not follow that we are not capable of efficiently managing crore and tens of crore of rupees."
His prescient words anticipated the growth of the bank that has taken place in the decades that followed.
The Bank now operates through over 4200+ branches across the country. The Bank's core values of prudent management without ignoring opportunities is reflected in the fact that the Bank has shown remarkable progress during past 99 years of its operations.
Mission: To be a customer centric organization known for its differentiated customer service
To offer a comprehensive range of products to meet all financial needs of customers
To be a top creator of shareholder wealth through focus on profitable growth
To be a young organization leveraging on technology & an experienced workforce
To be the most trusted brand, admired by all stakeholders
To be a leader in the area of Financial Inclusion
Vision: To become the bank of first choice in our chosen areas by building beneficial and lasting relationships with customers through a process of continuous improvement.
Managing your company's employer brand?
Claim this Company Page for FREE
Report error
Union Bank of India Ratings
based on 635 reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?
5
317
4
150
3
83
2
37
1
48
Category Ratings
4.3
Job Security
3.7
Skill Development
3.7
Salary & Benefits
3.5
Company Culture
3.5
Work Satisfaction
3.5
Promotions/Appraisal
3.5
Work-Life Balance
Union Bank of India is rated 4.0 out of 5 stars on AmbitionBox, based on 635 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Union Bank of India
based on 579 reviews
4.2
Rated by 95 Women
Rated 4.3 for Job Security and 3.8 for Skill Development
3.9
Rated by 484 Men
Rated 4.3 for Job Security and 3.8 for Salary & Benefits
Work Policy at Union Bank of India
based on 61 reviews in last 6 months
Work from office
96%
Permanent work from home
4%
Union Bank of India Reviews
Top mentions in Union Bank of India Reviews
+ 5 more
Compare Union Bank of India with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 4.0/5 based on 635 reviews | 4.0/5 based on 36.6k reviews | 3.9/5 based on 37.5k reviews | 3.8/5 based on 3.7k reviews |
Highly Rated for | Job Security | Job Security Skill development Company culture | Job Security Skill development | Job Security Salary & Benefits |
Critically Rated for | No critically rated category | No critically rated category | Promotion/Appraisals | Work-Life balance |
Primary Work Policy | Work from office 96% employees reported | Work from office 92% employees reported | Work from office 85% employees reported | Work from office 86% employees reported |
Rating by Women Employees | 4.2 Good rated by 95 women | 3.9 Good rated by 9.6k women | 3.7 Good rated by 7.7k women | 3.8 Good rated by 765 women |
Rating by Men Employees | 3.9 Good rated by 484 men | 4.0 Good rated by 25.2k men | 3.9 Good rated by 27.8k men | 3.8 Good rated by 2.5k men |
Job Security | 4.3 Good | 4.1 Good | 4.0 Good | 4.1 Good |
View more
Union Bank of India Salaries
3.7
rated by 635 employees for salariesChief Manager
(151 salaries)
Unlock
₹12 L/yr - ₹42 L/yr
Branch Manager
(72 salaries)
Unlock
₹7 L/yr - ₹21 L/yr
Relationship Executive
(51 salaries)
Unlock
₹1.6 L/yr - ₹3.5 L/yr
Senior Manager Credit
(50 salaries)
Unlock
₹10.9 L/yr - ₹27.5 L/yr
Credit Manager
(38 salaries)
Unlock
₹6.5 L/yr - ₹20 L/yr
Assistant General Manager
(28 salaries)
Unlock
₹15 L/yr - ₹52 L/yr
Senior Branch Manager
(27 salaries)
Unlock
₹12 L/yr - ₹25 L/yr
Marketing Manager
(25 salaries)
Unlock
₹5 L/yr - ₹15 L/yr
Senior Manager Information Technology
(24 salaries)
Unlock
₹12 L/yr - ₹25 L/yr
Branch Head
(19 salaries)
Unlock
₹9 L/yr - ₹20 L/yr
Union Bank of India Interview Questions
Interview questions by designation
Top Union Bank of India interview questions and answers
Get interview-ready with top interview questions
Interview Process at Union Bank of India
based on 14 interviews in last 1 year
Interview Experience
4.4
Good
Difficulty level
Easy
30%
Moderate
70%
People are getting interviews through
based on 24 Union Bank of India interviews
Company Website
29%
Job Portal
17%
Walkin
13%
Referral
8%
*33% candidates got the interview through other sources
High confidence
Union Bank of India News
View all
PC Jeweller plans on debt conversion, board resolutions
- PC Jeweller Limited plans to issue 5.17 crore equity shares to its consortium lenders through a preferential allotment.
- The issuance, priced at ₹292 per share, is part of a settlement agreement with lenders, aimed at converting outstanding debt into equity.
- Lenders like State Bank of India and Union Bank of India are among the key recipients of these shares, classified as non-promoter public category.
- The company has also proposed the reappointment of Ramesh Kumar Sharma as Whole-Time Director for another three years.
HinduBusinessLine | 16 Dec, 2024
Public sector banks eye common online platform for giving loans to start-ups
- The Finance Ministry has proposed the establishment of a common start-up hub portal for State-owned banks.
- The portal will allow start-ups to upload loan applications, track their status, and choose the best lender.
- State Bank of India, Bank of Baroda, Canara Bank, and Union Bank of India are among the banks examining the digital lending platform.
- The government aims to support entrepreneurship and create a robust start-up ecosystem in India.
HinduBusinessLine | 15 Dec, 2024
Public Sector Banks Write Off Rs 42,000 Crore In Loans In First Half Of Current Fiscal
- Public sector banks in India have written off loans worth Rs 42,000 crore in the first half of the current fiscal year.
- State Bank of India, Punjab National Bank, Union Bank of India, and Bank of Baroda are among the banks that have written off significant amounts.
- However, loan write-offs do not waive the liabilities of borrowers, and they are still liable for repayment.
- During the same period, recovery of Rs 37,253 crore was made by public sector banks.
Bloomberg Quint | 10 Dec, 2024
Inflation likely to ease to 5.4% in November on decline in vegetable prices: Union Bank
- Inflation likely to ease to 5.4% in November on decline in vegetable prices: Union Bank
- Vegetable prices, a major contributor to CPI spike in October, showed a substantial decline in November.
- Overall food inflation projected to have cooled to around 8% compared to 9.7% in October.
- Inflation in other food segments showed mixed trends, with edible oil prices rising and inflation in meat and fish increasing.
HinduBusinessLine | 7 Dec, 2024
PSU Bank stocks gain as RBI cuts CRR by 4%
- Nifty PSU Bank index gained nearly 2% on Friday, hitting intraday high of 7,248.25.
- Bank of Baroda, Canara Bank, PNB, Union Bank, UCO Bank and IOB ended the day’s trade in green.
- Axis Bank shares gained 1.50% to close at ₹1,183.90.
- Motilal Oswal report mentioned that PSBs having MCLR-heavy books are less vulnerable to rate cuts.
HinduBusinessLine | 6 Dec, 2024
UnionBank to redeem P6.8-B Tier 2 notes
- UnionBank of the Philippines plans to redeem P6.8 billion worth of bonds due 2030.
- The bank raised P6.8 billion from the Tier 2 notes in February 2020.
- The Tier 2 notes carry an interest rate of 5.25% per annum.
- UnionBank's net income in the third quarter rose by 76% year on year to P3.5 billion.
Bworldonline | 3 Dec, 2024
Tesla loan approvals to get fast tracked by Philippine banks–with high interest
- Tesla Philippines opens its flagship store in Taguig, Manila and offers financing packages for Model 3 and Model Y.
- UnionBank and RCBC in the Philippines offer faster approval and fully digital auto loan processes for Tesla customers.
- The high interest rates on loans for Model 3 and Model Y may limit their affordability to higher-tier customers.
- High interest rates for auto loans are common in the Philippines, hindering mainstream EV adoption.
Teslarati | 30 Nov, 2024
Stock Recommendations Today: Swiggy To Double In Two-Three Years, Book Profits In IREDA, Say Experts
- Stock Recommendations Today: Swiggy To Double In Two-Three Years, Book Profits In IREDA, Say Experts
- Sunny Agarwal recommends holding shares of SML Isuzu Ltd. until its price rises and then shifting to better stocks in the sector.
- Kush Bohra suggests aggressive traders to continue buying shares of Allcargo Logistics Ltd., but to start exiting if the stock rises to Rs 58-60.
- Sunny Agarwal believes Union Bank may add 20% in six months, showing decent growth trajectory in trade.
- Sunny Agarwal sees potential for Swiggy Ltd. to double in the next two-three years, assuming company's management sticks to path of profitability.
Bloomberg Quint | 28 Nov, 2024
UnionBank says new financing packages to speed up Tesla buys
- UnionBank of the Philippines will offer financing packages to speed up the purchase of Tesla vehicles.
- The bank aims to provide a seamless experience with a faster approval process and competitive interest rates.
- Tesla's Model Y and Model 3 are available for preview at Uptown Parade in Bonifacio Global City.
- UnionBank supports Tesla's mission to accelerate the transition to sustainable energy.
Bworldonline | 25 Nov, 2024
UnionBank leads the charge in AI-driven customer experience at DigiCon 2024
- UnionBank showcased its expertise in AI-driven customer experience at DigiCon 2024.
- Ana Delgado, UnionBank's Senior EVP, highlighted the importance of leveraging technology to offer personalized banking experiences.
- She emphasized the value of AI as an assistive intelligence that supports decision-making.
- DigiCon provided a platform for industry leaders to discuss emerging trends and the impact of AI on customer engagement.
Bworldonline | 21 Nov, 2024
Powered by
Compare Union Bank of India with
Axis Bank
3.8
Punjab National Bank
4.0
Bank of Baroda
3.6
Canara Bank
3.4
Kotak Mahindra Bank
3.8
IndusInd Bank
3.6
Yes Bank
3.8
IDFC FIRST Bank
4.0
Bandhan Bank
3.7
Standard Chartered
3.8
Barclays
3.9
Bank of America
4.3
NatWest Group
4.0
IDBI Bank
3.6
Bank of India
3.9
Central Bank of India
3.8
Indian Bank
3.4
Indian Overseas Bank
3.4
NatWest Markets
3.8
Allahabad Bank
4.0
Edit your company information by claiming this page
Contribute & help others!
You can choose to be anonymous
Companies Similar to Union Bank of India
State Bank of India
Financial Services, Banking
3.8
• 3.7k reviews
ICICI Bank
Financial Services, Banking
4.0
• 36.6k reviews
Punjab National Bank
Financial Services, Banking
4.0
• 995 reviews
Bank of Baroda
Banking / Insurance / Accounting, Financial Services, Banking
3.6
• 1.6k reviews
Canara Bank
Financial Services, Banking
3.4
• 1.1k reviews
Kotak Mahindra Bank
Financial Services, Banking
3.8
• 15.7k reviews
IndusInd Bank
Financial Services, Banking
3.6
• 10.2k reviews
Yes Bank
Financial Services, Banking
3.8
• 7.2k reviews
IDFC FIRST Bank
Financial Services, Banking
4.0
• 9.6k reviews
Bandhan Bank
Financial Services, Banking
3.7
• 7k reviews
Union Bank of India FAQs
When was Union Bank of India founded?
Where is the Union Bank of India headquarters located?
How many employees does Union Bank of India have in India?
Does Union Bank of India have good work-life balance?
Is Union Bank of India good for career growth?
What are the pros of working in Union Bank of India?
Stay ahead in your career. Get AmbitionBox app
Helping over 1 Crore job seekers every month in choosing their right fit company
70 Lakh+
Reviews
5 Lakh+
Interviews
4 Crore+
Salaries
1 Cr+
Users/Month
Contribute to help millions
Get AmbitionBox app