Union Bank recently relaunched its leasing facilities with competitively low monthly rentals and 24 hours approval providing customers the flexibility for vehicle financing requirements, by offering customised leasing solutions. The monthly leasing rental offered by Union Bank currently is one of the best in the market, and is as low as just Rs 1, 689 for every Rs 100,000 financed.
Customers can now look forward to fast and personalised service to obtain leasing facilities for a wide spectrum of vehicles, including unregistered, registered, brand new, reconditioned, electric, and hybrid vehicles. Re-payment plans are flexible up to 7 years, with the option to finance up to 90% of the vehicle value, enabling customers to reach their vehicle aspirations with flexibility. Additionally, a pre-approved credit card is also part of the leasing solution providing customers the ease of 0% installment plans for insurance payments, along with special premiums for vehicle insurance.
Union Bank leasing solutions are made affordable and customised to meet the diverse customer needs and the Bank also offers corporates, SMEs and mid-market businesses with pre-approved leasing limits coupled with quick one day approval process allowing the businesses for seamless financing process when enhancing or upgrading their vehicle fleets.
Enhancing its product offering with the addition of leasing highlights Union Bank’s commitment to transformation through innovative products and enhanced customer experience.