Indian BankUnion Bank of India

Compare branches, ATMs, digital banking, services & ratings

Indian Bank

Indian Bank

Public

3.9/5 Rating

Indian Bank is a major public sector bank established in 1907, headquartered in Chennai, serving millions of customers across India and internationally. With over 115 years of banking experience, Indian Bank has built a strong reputation for stability, reliability, and customer-focused banking services. The bank operates more than 6000 branches and 7000+ ATMs across the country, providing accessible banking services in urban, semi-urban, and rural areas. Indian Bank offers comprehensive banking products and services including savings accounts, current accounts, fixed deposits, personal loans, home loans, business loans, agricultural loans, educational loans, and investment solutions. The bank provides modern digital banking capabilities through internet banking, mobile banking, and UPI services, enabling customers to manage their finances conveniently. Indian Bank maintains competitive interest rates on savings and fixed deposits, with special rates for senior citizens and women customers. The bank offers specialized services including locker facilities, forex services, NRI banking, insurance products, and wealth management solutions. Indian Bank has a strong focus on supporting small and medium enterprises, agricultural sector, and financial inclusion initiatives. As a DICGC-insured bank, customer deposits are fully protected up to ₹5 lakh. The bank has received multiple awards for corporate governance, customer service, and digital innovation.

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Union Bank of India

Union Bank of India

Public

3.9/5 Rating

Union Bank of India is a major public sector bank established in 1919, providing comprehensive banking and financial solutions to retail, corporate, and institutional customers. With over 100 years of banking heritage, Union Bank of India operates more than 6500 branches and 8000+ ATMs across India and internationally, ensuring convenient access to banking services. The bank offers a diverse portfolio of financial products including savings accounts, current accounts, recurring deposits, fixed deposits, personal loans, home loans, business loans, educational loans, and investment options. Union Bank of India provides advanced digital banking platforms with internet banking, mobile banking, and UPI services, enabling customers to access their accounts anytime, anywhere. The bank maintains competitive interest rates on savings accounts and fixed deposits, with special rates for senior citizens and women customers. Union Bank of India offers specialized services such as locker facilities, forex services, NRI banking, insurance products, and wealth management solutions. The bank has a strong commitment to financial inclusion, small business financing, and supporting underbanked communities. As a DICGC-insured bank, customer deposits are fully protected. Union Bank of India has received awards for digital transformation, customer service, and sustainable banking practices.

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Feature
Indian Bank
Union Bank of India
Bank Type
Public
Public
Overall Rating
3.9
3.9
Total Branches
6000
6500
International Presence
Video KYC
Instant Account Opening
Locker Facility
Forex Services
NRI Banking

FD Interest Rates Comparison

Indian Bank

TenureRateSenior
1 Year5.80%6.30%

Union Bank of India

TenureRateSenior
1 Year5.80%6.30%

Indian Bank — Services

  • SME Loans

Union Bank of India — Services

  • Home Loans

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Indian Bank vs Union Bank of India 2026 | Compare Branches, FD Rates & Services