United Bank Of India Case Study

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Overview:
United Bank of India is one of the prominent nationalised banks in the country that have played a major role in spreading banking services to the farthest Eastern and North-Eastern parts of the country. UBI has sponsored 4 RRBs (Regional Rural Banks) in states such as West Bengal, Assam, Manipur, and Tripura. The four RRBs have around 1,000 branches in these states and UBI contributes more than 35% of share capital/additional capital of these banks.

Even areas that are nearly inaccessible such as Sundarbans in West Bengal, UBI had established floating mobile branches that move from island to island on different days of the week. However, these branches were discontinued after the opening of full-fledged branches at the centres. United Bank of India is also widely known …show more content…

The card can be used across any of the websites or payment gateways and customers can also withdraw money from the any of the Visa ATMs.

The card is issued in three variants i.e. classic, silver, and gold. The card comes with no joining, renewal, or annual charges along with lowest possible interest rates. Customers are also given a grace period of 50 days to pay the bills. Bill can be paid through flexi-payment option provided by the bank. A free insurance cover is offered to the customers and they can also choose add-on cards for their family.

• Corporate Cards: United Bank of India offers corporate cards with the authorisation of the employer or the company. To issue any corporate card, the board of directors of the company are required to give a written consent to the bank that the cardholder is authorised by the company to incur expenses on behalf of the company and charges will be levied from the company account. Such cards offered by the UBI are only sanctioned to the employees that come under a certain income

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