Union Bank Home loan repayment online

  • Union Bank of India, one of the leading public sector banks in India, offers a range of financial products, including home loans. Their home loan scheme is designed to cater to the needs of individuals looking to buy or build a house. The bank provides flexible loan amounts, competitive interest rates, and a variety of repayment options to make home ownership more accessible. With easy documentation, transparent procedures, and quick processing, Union Bank aims to simplify the home loan experience for customers across the country.

    Bajaj Pay, the BBPS platform from Bajaj Finserv, makes loan repayments seamless and efficient. With this platform, you can view, pay, and download your loan repayment receipt with just a few clicks. Bajaj Pay also supports payments for various other financial obligations, allowing you to streamline multiple payments in one place.

    How to make your Union Bank Home loan repayment through the Bajaj Finserv website

    Follow the steps below:

    1. Visit the website: Go to the Bajaj Finserv homepage.

    2. Navigate to payments: Click on the ‘BILLS AND RECHARGES’ section.

    3. Select loan repayment: Choose ‘LOAN REPAYMENT’ under financial services.

    4. Choose your biller: Select your loan provider from the drop-down list.

    5. Enter loan details: Input your loan number and click ‘FETCH YOUR BILL’.

    6. Select payment method: Choose from options like credit card, debit card, UPI, or net banking.

    7. Enter payment Information: Fill in the required payment details.

    8. Confirm payment: Review all details and click ‘PAY NOW’ to complete the transaction.

    You will receive a confirmation notification after successful payment.

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.

Bajaj Finserv App for All Your Financial Needs and Goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

  • Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Home Loan, and more.
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  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-approved limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators
  • Check your credit score, download loan statements and even get quick customer support—all on the app.
  • Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

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Frequently asked questions

How can I check my Union Bank loan balance?
You can easily view your loan balance on your UD mobile app. Just tap “Loans” at the bottom of your main app dashboard to go to your UD Cash Loans screen, where you will be able to see the amount you have to pay.

What if my Union Bank loan payment fails?
In the event of a failed payment, Union Bank advises checking your transaction history and bank balance. Retry the payment or contact customer service if the issue persists.

How do I set up an auto-debit for my Union Bank loan?
Setting up an auto-debit for your Union Bank Home loan is simple. Log into your online banking, go to the ‘AUTO DEBIT’ section, and follow the instructions to link your loan account to your preferred bank account for automatic monthly payments.

What are the foreclosure charges for Union Bank Home loans?
Union Bank charges around 2% as foreclosure charges or prepayment penalties on Home loans.

Can I part-pay my Union Bank Home loan?
Yes, Union Bank allows part-payment of Home loans. You can make additional payments to reduce the principal amount, which helps lower your overall interest costs.

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