Whether it is opening a savings account or carrying out banking transacting, digital is the future. Many banks have introduced online account opening process for their customers. Individuals planning to open a bank account with Union Bank of India (UBI) can open a savings account online.
You can open Union Bank savings account online by downloading the app and applying online through the bank’s platform.
You need to provide your PAN card and one of the documents as address proof
Individuals have the option to open three types of accounts: regular savings account, digital account and pension account online.
Table of required minimum average balance
Branch Location | Without Cheque Book | With Cheque Book |
Metro | 500 | 1000 |
Urban | 500 | 1000 |
Semi Urban | 250 | 500 |
Rural | 100 | 250 |
Read: How is interest rate on savings account calculated?
Click here to open a Union Bank savings/ pension account online. Choose the required account from the top banner.
Enter your personal details such as full name, father’s name, mother’s name, date of birth, PAN number. You have the option to choose one of the id proof from the drop-down list such as driving license, passport, voter ID card etc. Choose your state, district and preferred branch. Click on ‘Continue’.
In this step, you need to enter your address and other details such as your communication address, annual income, occupation details, place of birth and marital status.
It is important to add a nominee as it helps your nominee to receive the proceeds in case of an unfortunate event. Enter the details of your nominee such as full name, address of your nominee. You can just check the box if your address is same as the nominee address.
After you filled up your nominee details, you can opt for different services offered by the bank. Internet banking, ATM cum debit card, mobile banking are some facilities that you can opt for. Check the required boxes and click on ‘Submit Application. Once you have submitted the application, you will receive a reference number. Keep it handy for future reference.
Download the application form and visit the bank branch with the KYC documents that you have selected and passport photographs for verification.
You can also track the status of your submitted application by clicking on ‘Track Saved/Submitted Application’ available on top of the top of online account opening form.
Your Union Bank of India is now open.
Other online savings accounts: