To make the loan processing smooth and speedy the United Bank of India has initiated a new centralized hub. The bank has set up this new hub in the Kolkata city which will assist in making loan clearing process faster.

The bank report stated that the hub will be offer convenient way of managing the housing and mortgage loan. This new centre was inaugurated this independence day by bank’s Executive Directors, Sanjay Arya and Deepak Narang.

The main purpose of the bank to have this hub is to make the loan processing faster and make the loans sanction within a time period of six days, to ensure the development in retail growth. A specialized team of officers will look after this hub under the guidance of Retail Banking department.