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Union Bank of India

3.9
based on 667 Reviews
Video summary

Working at Union Bank of India

Company Summary

Union Bank of India, founded in 1919, is a major financial institution in India, managing extensive banking operations across the nation.

Overall Rating

3.9/5
based on 667 reviews
highly rated categories
3% above
industry average
highly rated categories
Highly rated for

Job security

Work Policy
Work from office
Work from office
93% employees reported
Monday to Saturday
Monday to Saturday
48% employees reported
Strict timing
Strict timing
67% employees reported
Within city
Within city
37% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
Job/Soft skill training
46 employees reported
Health insurance
Health insurance
37 employees reported
Professional degree assistance
Professional degree assistance
19 employees reported
Office cab/shuttle
Office cab/shuttle
19 employees reported
View all benefits

About Union Bank of India

Founded in1919 (106 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
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View in video summary
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.
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Union Bank of India Ratings

based on 667 reviews

Overall Rating

3.9/5
How AmbitionBox ratings work?
5
331
4
154
3
89
2
36
1
57

Category Ratings

4.2

Job security

3.7

Salary

3.6

Skill development

3.5

Promotions

3.5

Work satisfaction

3.4

Company culture

3.4

Work-life balance

Union Bank of India is rated 3.9 out of 5 stars on AmbitionBox, based on 667 company reviews.This rating reflects an average employee experience, indicating moderate 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 611 reviews
4.1
Rated by 103 Women
Rated 4.2 for Job security and 3.7 for Skill development
3.8
Rated by 508 Men
Rated 4.2 for Job security and 3.7 for Salary

Work Policy at Union Bank of India

based on 75 reviews in last 6 months
Work from office
93%
Permanent work from home
5%
Hybrid
2%

Union Bank of India Reviews

Top mentions in Union Bank of India Reviews

+ 5 more

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Overall Rating
3.9/5
based on 667 reviews
4.0/5
based on 38.2k reviews
3.9/5
based on 39.7k reviews
3.8/5
based on 3.9k reviews
Highly Rated for
Job security
Job security
Skill development
Company culture
Job security
Skill development
Job security
Salary
Critically Rated for
No critically rated category
No critically rated category
Promotions
No critically rated category
Primary Work Policy
Work from office
93% employees reported
Work from office
91% employees reported
Work from office
84% employees reported
Work from office
81% employees reported
Rating by Women Employees
4.1
Good
rated by 103 women
3.9
Good
rated by 10.1k women
3.7
Good
rated by 8.3k women
3.8
Good
rated by 825 women
Rating by Men Employees
3.8
Good
rated by 508 men
4.0
Good
rated by 26.4k men
3.9
Good
rated by 29.4k men
3.8
Good
rated by 2.7k men
Job security
4.2
Good
4.1
Good
4.0
Good
4.1
Good
View more

Union Bank of India Salaries

Union Bank of India salaries have received with an average score of 3.7 out of 5 by 667 employees.

Chief Manager

(154 salaries)
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₹12 L/yr - ₹42 L/yr

Branch Manager

(99 salaries)
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₹6 L/yr - ₹24 L/yr

Relationship Executive

(52 salaries)
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₹1.7 L/yr - ₹3.9 L/yr

Senior Manager Credit

(48 salaries)
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₹11 L/yr - ₹28.5 L/yr

Credit Manager

(39 salaries)
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₹6.6 L/yr - ₹20 L/yr

Assistant General Manager

(29 salaries)
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₹15 L/yr - ₹52 L/yr

Senior Branch Manager

(27 salaries)
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₹12 L/yr - ₹25 L/yr

Marketing Manager

(26 salaries)
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₹5.4 L/yr - ₹15 L/yr

Senior Manager Information Technology

(22 salaries)
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₹12 L/yr - ₹25 L/yr

Chief Manager Credit

(22 salaries)
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₹18 L/yr - ₹35 L/yr

Union Bank of India News

View all

Bombay High Court Irked By Copy-Paste Bank Orders Declaring Accounts Fraud, Asks Anil Ambani To Approach RBI

Bloomberg Quint | 28 Feb, 2025
Bombay High Court Irked By Copy-Paste Bank Orders Declaring Accounts Fraud, Asks Anil Ambani To Approach RBI

'Buy' Union Bank of India Shares To Get An Upside Of 15% Says Motilal Oswal — Here's Why

Bloomberg Quint | 25 Feb, 2025
'Buy' Union Bank of India Shares To Get An Upside Of 15% Says Motilal Oswal —
Here's Why

Nifty Rejig: Jio Financial, Zomato Join Benchmark Index As BPCL And Britannia Exit

Bloomberg Quint | 21 Feb, 2025
Nifty Rejig: Jio Financial, Zomato Join Benchmark Index As BPCL And Britannia Exit

Stocks To Buy Today: Tata Steel, Bharat Electronics, Larsen & Toubro, Union Bank Of India, BHEL

Bloomberg Quint | 20 Feb, 2025
Stocks To Buy Today: Tata Steel, Bharat Electronics, Larsen & Toubro, Union Bank Of India, BHEL

Floating rate retail loans get cheaper

HinduBusinessLine | 17 Feb, 2025
Floating rate retail loans get cheaper

Zodiac Energy Share Price Target 2025, 2026 to 2030

VIE Stories | 5 Feb, 2025
Zodiac Energy Share Price Target 2025, 2026 to 2030

UnionBank net income climbs by 31% in 2024

Bworldonline | 4 Feb, 2025
UnionBank net income climbs by 31% in 2024

Canara Bank Share Price Target 2025, 2027, 2030, 2040

VIE Stories | 3 Feb, 2025
Canara Bank Share Price Target 2025, 2027, 2030, 2040

Sona BLW Share Price Target 2025, 2026 to 2030

VIE Stories | 1 Feb, 2025
Sona BLW Share Price Target 2025, 2026 to 2030

Union Bank Approves Fundraise Of Up To Rs 25,000 Crore Via Long-Term, Green Bonds

Bloomberg Quint | 29 Jan, 2025
Union Bank Approves Fundraise Of Up To Rs 25,000 Crore Via Long-Term, Green Bonds
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Union Bank of India FAQs

When was Union Bank of India founded?
Union Bank of India was founded in 1919. The company has been operating for 106 years primarily in the Banking sector.
Where is the Union Bank of India headquarters located?
Union Bank of India is headquartered in Mumbai, Maharashtra and has an office in Mumbai
How many employees does Union Bank of India have in India?
Union Bank of India currently has more than 75,000+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Union Bank of India based on the number of reviews submitted on AmbitionBox.
Does Union Bank of India have good work-life balance?
Union Bank of India has a work-life balance rating of 3.4 out of 5 based on 600+ employee reviews on AmbitionBox. 27% employees rated Union Bank of India 3 or below, while 73% employees rated it 4 or above for work-life balance. This rating suggests that while some employees recognize efforts towards work-life balance, there is scope for improvement based on employee feedback. We encourage you to read Union Bank of India work-life balance reviews for more details
Is Union Bank of India good for career growth?
Career growth at Union Bank of India is rated fairly well, with a promotions and appraisal rating of 3.5. 73% employees rated Union Bank of India 4 or above, while 27% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Union Bank of India promotions/appraisals reviews for more detailed insights.
What are the pros of working in Union Bank of India?
Working at Union Bank of India offers several advantages that make it an appealing place for employees. The company is highly rated for job security, based on 600+ employee reviews on AmbitionBox.
Union Bank of India Overview
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