Union Bank Savings Account Opening Online & Offline

Q: How can I open a savings account at Union Bank?

You can visit the nearest Union Bank branch, fill out the application form for a savings account, and submit it along with the KYC documents. You can also try the online procedures to open a Union Bank savings account easily.

Q: Does Union Bank open a zero-balance account?

Yes, students can open a zero-balance account in the Union Bank of India. A zero-balance account does not require any deposits and the bank provides debit cards and relevant documents to the account holder after opening the account successfully.

Q: What is the minimum balance in Union Savings Bank?

The minimum account balance for a Union Bank savings account is Rs. 250 for rural areas with cheques and Rs. 100 without cheques. For Urban areas, the minimum balance is Rs. 1000 with cheques and Rs. 500 without cheques.

Q: How much is the opening account for Union Bank?

You can open a zero-balance account in the Union Bank of India. Thus, there’s no account opening charge for savings accounts in Union Bank.

Q: Can I open 2 accounts in Union Bank?

Existing customers may have had 2 accounts in Union Bank of India, but this facility is currently not available for the new customers of Union Bank of India.

Q: How much is Union Bank's annual fee?

Union Bank of India offers 6 types of debit cards and each of them has varied annual maintenance fees. The annual fee for RuPay Platinum Credit Card is Rs. 299, RuPay Select Credit Card is Rs.499, Visa Gold Credit Card is Rs. 299, Visa Platinum Credit Card is 399, Visa Signature Credit Card is Rs. 1999, and Uni Carbon Credit card is Rs. 499.

Q: What is the limit of the Union bank account?

The withdrawal limit of the Union Bank savings account is Rs. 25000 through ATM and the POS limit is Rs. 50000.

Q: How many types of accounts are there in Union Bank?

There are 4 types of accounts in Union Bank of India: current, savings, recurring deposit, and fixed deposit.

Q: Can I open a Union Bank account in the branch?

Yes, you can visit the nearest Union Bank branch with all the required documents and open an account feasibly.

By Adnan Ali

Updated on: Jul 18th, 2025

6 min read

Union Bank savings account offers attractive interest rates and lucrative features. If you are planning to open a savings bank account with Union Bank of India, keep reading to learn about its types, opening process, features and benefits, etc.

Union Bank Savings Account Types

Union offers a host of savings account schemes for their customers. Here are they:

Basic Savings Bank Deposit Account
Savings Bank Account (SBGEN)
Union Savings Flexi Deposit Account
Savings Bank Account for Pensioners (SBPEN)
Savings Bank Account for Students (SBZER)
Basic Saving Bank Deposits Account-Small Accounts
Union Super Salary Account (USSA)
Savings Flexi Deposit Scheme (SBNFD)
Savings Flexi Deposit Scheme (SBNFP)
CAPITAL GAIN SB ACCOUNT (SBCAP)
MACT CLAIMS SB ACCOUNT (MACT)
SPECIAL SB SCHEMES VARIANT - I (SB Premium) SBPRE
SPECIAL SB SCHEMES VARIANT - II (SB High Networth Customers) SBHNI
Union Digital Savings Account (UDSA)

Union Bank Saving Account Opening Online

Here are the steps to follow while opening a Union Bank savings account online:

Step 1: Download Union Bank’s “Union Selfie & M-Passbook” app on your mobile.

Step 2: Take a selfie from the app and scan your Aadhaar and PAN cards.

Step 3: Visit the bank with all your documents and your savings account number will be generated instantly.

You can also visit the official website of Union Bank of India and follow the steps below to open a savings account online:

Step 1: Select "Digital Banking" and click on "Self-Service Banking".

Step 2: Choose “Savings Account” from “Online Account Opening”.

Step 3: Fill up the application form with all the required information.

Step 4: Submit the form.

Step 5: Visit the branch with the required documents for KYC verification.

Union Bank Savings Account Offline

Here are the steps to follow for Union Bank savings account opening:

Step 1: Visit the nearest Union Bank of India branch.

Step 2: Carry all your KYC documents for verification.

Step 3: Collect the Union Bank savings account application form.

Step 4: Fill it up with the required details. Make sure the information on your application form matches your KYC documents.

Step 5: Submit the application form and the documents.

Step 6: Wait for the verification process.

Union Bank Savings Account Interest Rates

Balance Range	Interest Rate p.a.
Up to ₹ 50 lakh	2.75%
₹ 50 lakh – < ₹ 100 crore	2.90%
₹ 100 crore – < ₹ 500 crore	3.10%
₹ 500 crore – < ₹ 1,000 crore	3.40%
₹ 1,000 crore and above	4.00%

Union Bank Savings Account Eligibility Criteria

To open a Union Bank savings account, you must:

Be a resident individual, either singly or jointly
Provide valid KYC documents (Aadhaar, PAN, etc.)
Be at least 18 years old (minors can open with a guardian)
For specialised accounts (e.g., senior citizen or salary accounts), meet specific age or employment criteria

Union Bank Savings Account Charges

Check out the basic charges applicable to your Union Bank savings account:

Charge Type	Details
Electronic Clearing Service (ECS)	Rs. 4 per transaction
Cheque Book Issuance	Free up to 40 pages, and Rs. 4 per page thereafter
Account Activation	Free
Account Closure	Free within 14 days; Rs. 173 (with cheque book) or Rs. 130 (without cheque book) if closed within 12 months; Free after 12 months
Outward RTGS	Rs. 29 to Rs. 63 per transaction
NEFT Outward	Rs. 3 to Rs. 29 per transaction
NEFT/RTGS Inward	Free
SMS Banking	Rs. 15 quarterly
Inactive Account Fees	No fees if minimum balance maintained
Excessive Customer-Induced Debit Entries	60 free debit entries per quarter, Rs. 17 per additional entry

Union Bank Savings Account Limit

You can avail a withdrawal limit of Rs. 25000 per day through an ATM with your Union Bank savings account. However, The POS limit is Rs. 50,000.

Features & Benefits of Union Bank Savings Account

Here are some of the notable features and benefits of the Union Bank savings account:

Easy and hassle-free application process.
Union Bank savings account holders can pay utility bills, recharge mobile, and check their balance using the U-Mobile app.
You can make remittances through mutual funds, NEFT, Union e-cash, IMPS, etc.
Union Bank issues 20 free cheque book pages and 2 free cheque books for savings account holders per year.
You can open a joint savings account.
Students can open savings accounts at zero balance.
You can earn rewarding points on a Union Bank debit card.
Account holders can avail of accidental insurance.
You can avail facilities like mobile banking, phone banking, ATM banking, etc.
You can choose a nominee for your savings account.
Limitless withdrawals via debit cards, internet banking, and branches.
You can avail of e-statements and passbooks free of cost, and more.

Union Bank Helpline Number

You can call 1800 2222 44 / 1800 2222 43 (toll-free numbers) for any queries and help from Union Bank regarding your savings account.

Frequently Asked Questions

How can I open a savings account at Union Bank?

You can visit the nearest Union Bank branch, fill out the application form for a savings account, and submit it along with the KYC documents. You can also try the online procedures to open a Union Bank savings account easily.

Does Union Bank open a zero-balance account?

Yes, students can open a zero-balance account in the Union Bank of India. A zero-balance account does not require any deposits and the bank provides debit cards and relevant documents to the account holder after opening the account successfully.

What is the minimum balance in Union Savings Bank?

The minimum account balance for a Union Bank savings account is Rs. 250 for rural areas with cheques and Rs. 100 without cheques. For Urban areas, the minimum balance is Rs. 1000 with cheques and Rs. 500 without cheques.

How much is the opening account for Union Bank?

You can open a zero-balance account in the Union Bank of India. Thus, there’s no account opening charge for savings accounts in Union Bank.

Can I open 2 accounts in Union Bank?

Existing customers may have had 2 accounts in Union Bank of India, but this facility is currently not available for the new customers of Union Bank of India.

How much is Union Bank's annual fee?

Union Bank of India offers 6 types of debit cards and each of them has varied annual maintenance fees. The annual fee for RuPay Platinum Credit Card is Rs. 299, RuPay Select Credit Card is Rs.499, Visa Gold Credit Card is Rs. 299, Visa Platinum Credit Card is 399, Visa Signature Credit Card is Rs. 1999, and Uni Carbon Credit card is Rs. 499.

What is the limit of the Union bank account?

The withdrawal limit of the Union Bank savings account is Rs. 25000 through ATM and the POS limit is Rs. 50000.

How many types of accounts are there in Union Bank?

There are 4 types of accounts in Union Bank of India: current, savings, recurring deposit, and fixed deposit.

Can I open a Union Bank account in the branch?

Yes, you can visit the nearest Union Bank branch with all the required documents and open an account feasibly.

About the Author

Adnan Ali

Senior Content Writer

I am a curious person, and Finance is at the top of my list of interests. With more than 5 years of experience in fintech, I am an expert in lending, investment and personal finance. I believe the Devil lies in details, so I dig a lot before writing anything and armed my writing pieces with figures and facts. Read more

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