Union Bank of India Multi gains savings account

• Multi Gains Savings Account (MGSA) Scheme requires maintaining a minimum balance of Rs.25000/- in a savings account.
• You can either upgrade your existing savings account to MGSA by filling in a simple declaration form OR open a new MGSA account.
• Interest will be paid quarterly in the account as against half-yearly in a normal savings account.

Free Services

• A Credit Card will be issued free for the first year with a limit of Rs.25000/- to the individual OR to either of the joint account holder.
• An International Debit Card will be issued free to the individual account holder OR either of the joint account holder wherever the ATM facility is available.
• A maximum of two free remittances to anywhere in India aggregating to Rs.25000/- will be allowed in a month.
• Local / outstation cheques of up to Rs.15000/- will be collected free of charge.
• The account holder will be provided with 10 cheque books free of cost during a financial year, subject to satisfactory utilization of the cheque leaves.
• Interest will be paid for unforseen delays in collection of instruments of MGSA account holders.
• If you desire, your MGSA account can be transferred to any of their branches in India free of cost.

Identity proof :

    * Passport
    * PAN card
    * Voter ID card
    * Driving licence
    * Government ID card
    * Photo ration card
    * Senior citizen ID card


Address proof :

    * Passport
    * Telephone bill
    * Electricity bill
    * Bank Statement with Cheque
    * Certificate/ ID card issued by Post office