Public sector lender, United Bank of India has introduced three new ‘alternate delivery products’, which will provide more convenience to the customers. This puts the bank in the select group of banks offering the facility of online transactions (RuPay e-commerce), with RuPay debit cards. Another product ‘TD on Missed Call’ gives the ease of investment in pre-defined Fixed Deposit (Rs 10000) by just giving a missed call on a particular number. The other facility been launched includes the online PPF account maintenance.
United Bank of India is one of the 14 major banks which were nationalized on July 19, 1969. After nationalization, the Bank expanded its branch network in a big way and actively participated in the developmental activities, particularly in the rural and semi-urban areas in conformity with the objectives of nationalisation.
