Project Report for Union Bank of India Loan

Union Bank of India, formed after its merger with Andhra Bank and Corporation Bank, runs one of the largest public sector MSME lending books in the country. Its branches typically require a project report and CMA data for term loans and CC limits.

Union Bank's MSME lending desk places strong emphasis on repayment schedule clarity, particularly for term loans linked to machinery or capacity expansion. Because Union Bank absorbed two other public sector banks, documentation norms can vary slightly depending on which legacy bank your branch originally belonged to. Because of this, a generic, one-size-fits-all project report often misses the specific figures a credit officer checks first — a report built around your actual situation moves through appraisal faster.

Documents Required

• ✔ PAN card and Aadhaar of the applicant/promoters
• ✔ Last 2–3 years' financial statements, if the business is already operating
• ✔ Proposed cost of project and means of finance
• ✔ Bank statements for the last 6–12 months
• ✔ Business registration proof (Udyam, GST, or incorporation certificate)
• ✔ Quotations for machinery or working capital requirement, where applicable