Union Bank Micro Enterprise Credit Card
Union Bank of India · Open to apply
A credit card for micro-enterprises: nil joining fee, an annual fee of at most 1% of the limit or ₹1,000 from the second year, 1.5% a month interest, no rewards, no cash withdrawals and no insurance.
- Annual fee
- Fees not entered yet
- Joining fee
- None
- Lounges
- None on record
- Forex markup
- 3%
- Data
- Terms not entered, checked 6 Nov 2026
Terms the calculator does not value
- Reward points are not applicable; cash withdrawals are not allowed; transactions are limited to registered business activities (a long list of MCC and merchant exclusions, including OTT, quick commerce, pharmacies, education and hotels); no insurance cover. The CGTMSE guarantee fee and the annual fee amount depend on the limit.
Sources
- Union Bank of India, MITC – Credit Cards, version 1.4 (effective 25 Sep 2025) (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- Union Bank of India, Key Fact Statement – Credit Cards, version 1.4 (Schedule of charges, the bank's own, read 6 Nov 2026)