Union Bank Slashes Home, Vehicle, Personal Loan Rates; Boosts Affordability

• Union Bank of India reduced interest rates on Home, Vehicle, and Personal Loans, effective December 18, 2025.
• Home loan rates cut by 30 bps to start at 7.15%; Vehicle loan rates by 40 bps to 7.50%.
• Personal loan rates saw a significant 160 bps reduction, now starting at 8.75%.
• An additional 0.10% concession is offered on eligible Green Finance Home and Vehicle Loans.
• The move follows monetary easing, including RBI's repo rate cut to 5.25% on December 5, 2025, aiming to enhance borrower affordability.

Why It Matters: Union Bank of India cut loan rates significantly from December 18, 2025, making borrowing more affordable.