All cards / Union Bank of India
Union Bank of India
Union Bank MSME Credit Card
RuPay
Union Bank MSME Credit Card
A public-sector-bank card that gives MSME borrowers a credit card sliced out of their existing working-capital limit, meant for operational expenses rather than as a new unsecured credit line. Fits businesses that already bank with Union Bank for working capital.
Annual fee
₹0
Joining fee
₹0
Reward type
cashback
Base reward rate
0.5%
Card network
RuPay
Card tier
Entry
Who this card fits
Best suited to self-employed applicants who clear the standard eligibility bar. It's a lifetime-free card with no fee to track.
Rewards & benefits
- Rewards rate: 0.5% base rate
Benefits by category
- 🌍 Forex / international spend
3.5% forex markup on international transactions
Eligibility
- Employment: self-employed
- Age: 21–65
Fees & charges
- Foreign currency markup: 3.5%
Benefits
- Card limit is carved out of the MSME's existing sanctioned working capital limit
- Digital delivery channel for day-to-day operational business expenses
Pros
- + No separate credit assessment — draws on an existing sanctioned WC limit
- + No joining or annual fee
- + RuPay acceptance across UPI-linked merchants
Cons
- − Only available to MSME units with an existing Union Bank working capital facility
- − Minimal rewards earn rate