Public Sector Bank (PSU)Salaried Employeesunsecured

Union Digi Personal Loan (Vyom)

Q: How do I check my Vyom loan offer?

Log in to the Vyom app and check the 'Pre-Approved Loans' section.

यूनियन डिजी पर्सनल लोन (व्योम)

100% digital instant personal loan via Vyom app for pre-approved customers up to ₹5 Lakhs.

Max Loan Amount

₹25,000 to ₹5,00,000 (pre-approved digital loan)

Interest Rate

11.50% - 14.25% p.a. (floating EBLR)

Tenure

6 to 48 months

Processing Fee

0.50% + GST (Min ₹500, Max ₹2,500)

✦ What It Is: Product Architecture & Regulatory Scope

Union Bank of India's 100% digital instant personal loan facility hosted on the Vyom mobile app, offering instant in-principle approval and straight-through credit to pre-screened account holders.

What is Missing: Honest MITC Policy Gaps, Hidden Clauses & Extra Charges

Eligo consumer protection notice: Bank brochures, DSA telecallers, and comparison portals rarely disclose these conditions. Read carefully before signing.

• Strictly available to pre-approved existing customers holding verified KYC. • Maximum loan quantum capped at ₹5 Lakhs digitally.

✦ Key Benefits & Features

• Instant disbursement directly into Union Bank savings account • Paperless digital journey authenticated via Aadhaar OTP • Transparent EMI repayment plan with no hidden charges • Available 24x7 through Vyom mobile app.

✦ Prepayment, Part-Payment & Foreclosure Rules

NIL prepayment penalty if pre-closed after 6 EMIs.

✦ Eligibility Requirements

Existing Union Bank account holders with pre-qualified credit offer and active mobile banking. Min Age: 21, Max Age: 58. Min CIBIL: 710.

Min Age21 Years

Max Age58 Years

Min Monthly Income₹20,000

Min CIBIL Score710+

✦ Documents Required

• Completely paperless (e-KYC validated via mobile app).

✦ Exact How-To-Apply Process (3 Pathways)

Depending on your current relationship with the bank, select the corresponding application journey:

Pathway A

Existing / Pre-Approved Customers

1. Open Vyom App > Loans > Instant Personal Loan. Select amount and tenure, complete Aadhaar OTP e-Sign.

Pathway B

New Online Applicant (Fresh Digital)

Not applicable for new-to-bank customers.

Pathway C

Branch Walk-In Application

Not applicable — STP digital feature on Vyom app.

Official Sourcing & MITC Verification

180-Day Re-Verification SLA · Last Verified: 2026-09-28

Eligo does not collect personal loan applications, sell user data to DSA telecallers, or receive affiliate commissions. All terms shown are extracted directly from official bank circulars, Most Important Terms and Conditions (MITC), and Key Fact Statements (KFS) under RBI guidelines.

Visit Official Lender Portal (Union Bank of India Digital Banking)View Official MITC / Schedule of Charges RBI Key Fact Statement (KFS) Reference