[nilesh]

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Hi I would like to have information about the announcement of the OD facility by Union Bank of India as well as details of the Union Super Salary Account (USSA) at Union Bank of India which has the Overdraft faculty?

[Vishal Kotkar]

With a view to taking the financial inclusion program above and beyond, Union Bank of India will soon give overdraft office (OD) to all its non-ruffles account holders.

The proceed onward one hand would convey clients to the bank to execute and in the meantime empower the bank to offer different items, said MV Nair, administrator and overseeing chief, Union Bank of India (UBI), while making presidential address at a Financial incorporation meeting, in Chennai.

Union Super Salary Account (USSA)

Qualification:

All workers of your association subject to at least 15 representatives opening their pay account with the bank. The aggregate sum of net pay payment of the association ought at least Rs 1.50 lakhs for each month.

Highlights:

Zero Balance Account Facility:

The compensation accounts with be opened even with no store by the record holders.

No Minimum Balance Charges:

The compensation account holders satisfying the above criteria won't be charged for nonmaintenance of least adjust in the record.

Welcome Kit:

At the season of record opening all pay account candidates will be offered a exhaustive welcome unit containing Welcome Letter and booklet on profile of different results of the Bank. The prepared unit will contain Debit Card, e-Banking PIN, Telebanking Pin and Multicity Check which will be initiated inside 48 hours.

Free ATM Usage:

There is no charges for use of Union Bank's ATMs and in addition ATMs of different Banks with no stipulation of Minimum Balance in the record , a one of a kind office in the industry given by our bank .

Free Fund Transfer in different Banks:

Bank is providing e office of electronic assets move in records with Union Bank and additionally in records with different banks with no charges. This reserve exchange can be affected through any branch of Union Bank or by the client himself through web managing an account office of the bank.

Internet Banking Facility:

Free Internet Banking Facility to all the compensation account holders . Through our Internet

managing an account, a client make web based booking of railroads and aircrafts tickets, can make on the web

installment of different service charges like Electricity and telephon and different installments like Insurance

Premium, Mutual Fund installment, online expense installment and so on.

Telebanking Facility:

Free Tele-Banking Facility will be given to all the compensation account holders.

Customized Multicity Check Book Facility:

It will be issuing customized Checkbook to all compensation account holders. Multicity Check leaves issued to USSA holders can be utilized for withdrawal/installment locally and at outstations.

Overdraft Facility:

The pay account holders can settle on overdraft office upto 90% of his last month's last pay. The record holder should particularly apply for this at the concerned branch.

Free Salary Credit the nation over

No charges for pay acknowledge in record for our heartland branches.

MIS on non credit of Salary

The Bank will give MIS of rundown of records where are no credits for two months sequentially.