Key takeaways: TVS Credit vs Union Bank of India
- All of them publish a numeric starting rate for: two-wheeler loan. That is the part of this page you can rank like for like.
- No numeric starting rate on the loan provider's own site: TVS Credit for home loan and Union Bank of India for personal loan. We show "Not published" instead of estimating.
- A starting rate is the best case. Ask each loan provider for its Key Fact Statement and compare the APR and total repayable amount before you choose.
Quick verdict: who each loan provider suits
Built only from figures the loan providers publish. It says where each loan provider is ahead on paper, not who will approve you.
Where TVS Credit stands
No clear edge on the published figures we could compare. Check the product sections below and the Key Fact Statement.
Pick Union Bank of India if you want
- The widest range of loan types with a published rate (3)
TVS Credit vs Union Bank of India at a glance
| Detail | TVS Credit | Union Bank of India |
|---|---|---|
| Loan provider type | NBFC | Public sector bank |
| Legal name | TVS Credit Services Limited | Union Bank of India |
| Loan types with a published rate | Personal loan, Two-wheeler loan | Home loan, Car loan, Two-wheeler loan |
| Personal loan: published rate | 14% to 35% per annum | EBLR + 1.05% to EBLR + 4.35% (salaried); EBLR + 1.10% to +4.65% (non-salaried), by CIC score (w.e.f. 08.10.2026 |
| Personal loan: maximum tenure | 36 months | Not published |
| Home loan: published rate | Not published | Starts at 8.60% p.a.; EBLR - 0.85% (CIC 825+) to EBLR + 1.35% (CIC 600-649) per rate PDF w.e.f. 08.10.2026 |
| Home loan: maximum tenure | Not published | Not published |
| Official website | tvscredit.com | unionbankofindia.bank.in |
Searching for Union Bank of India vs TVS Credit instead? It is the same comparison, so both open this page.
TVS Credit vs Union Bank of India personal loan: rate, fees and tenure
Only TVS Credit publishes a numeric starting rate for this product, so a like-for-like ranking is not possible. Union Bank of India does not publish a numeric starting rate for this product on its site.
| Detail | TVS Credit | Union Bank of India |
|---|---|---|
| Published rate | 14% to 35% per annum | EBLR + 1.05% to EBLR + 4.35% (salaried); EBLR + 1.10% to +4.65% (non-salaried), by CIC score (w.e.f. 08.10.2026 |
| Rate basis | profile-based (varies by customer profile) | EBLR (repo-linked) |
| Loan amount | Rs. 30,000 to Rs. 2,00,000 | Not published |
| Maximum tenure | 36 months | Not published |
| Processing fee | Up to 5.9% (inclusive of GST) | Not published |
| Prepayment / foreclosure | 15-day cooling period; then % of principal outstanding: 16 days-12 months 7.08%; 13-24 months 4.72% | Not published |
| Eligibility (as published) | Monthly income above Rs. 25,000; CIBIL score above 700 | Schemes for salaried, non-salaried with regular income, government employees, women professionals |
| Other terms published |
|
|
| Official source | tvscredit.com/loans/online-personal-loans tvscredit.com/loans/online-personal-loans/eligibility-and-documents | unionbankofindia.bank.in/en/listing/personal-loan unionbankofindia.bank.in/pdf/retail_roi.pdf |
Read the full guide: Personal loan
TVS Credit vs Union Bank of India home loan: rate, fees and tenure
Only Union Bank of India publishes a numeric starting rate for this product, so a like-for-like ranking is not possible. TVS Credit has no home loan terms we could verify on its official site.
| Detail | TVS Credit | Union Bank of India |
|---|---|---|
| Published rate | Not published | Starts at 8.60% p.a.; EBLR - 0.85% (CIC 825+) to EBLR + 1.35% (CIC 600-649) per rate PDF w.e.f. 08.10.2026 |
| Rate basis | Not published | EBLR (repo-linked); fixed option max 5 years at 11.40% to 12.65% |
| Prepayment / foreclosure | Not published | None; no prepayment penalty on Union Home Loan |
| Eligibility (as published) | Not published | Based on income, repayment capacity, age, margin, credit bureau record |
| Other terms published | Not published |
|
| Official source | Not published | unionbankofindia.bank.in/en/details/home-loan-interest-rate unionbankofindia.bank.in/en/details/home-loan unionbankofindia.bank.in/pdf/retail_roi.pdf |
Read the full guide: Home loan
TVS Credit vs Union Bank of India loan against property: rate, fees and tenure
None of these loan providers publishes a plain starting rate for a loan against property; some tie the rate to a benchmark and add a spread, which is shown in the table as published. TVS Credit and Union Bank of India do not publish a numeric starting rate for this product on their site.
| Detail | TVS Credit | Union Bank of India |
|---|---|---|
| Published rate | 7% to 36% p.a. (labelled Rate of Interest / APR) | EBLR + 1.05% to EBLR + 3.85% by property type and CIC score (w.e.f. 08.10.2026) |
| Rate basis | reducing balance (per sample illustration) | EBLR (repo-linked) |
| Loan amount | Rs. 2 lakh (salaried); Rs. 3 lakh (self-employed) to Rs. 75 lakh | Not published |
| Maximum tenure | 180 months | Not published |
| Processing fee | Up to 5.9% (inclusive of GST) | Not published |
| Prepayment / foreclosure | Foreclosure charges 4% of future principal outstanding | Not published |
| Eligibility (as published) | Indian national; age 18-55 / 18-65 (page unclear); min 1 year employment/business; FAQ: CIBIL 700+, income Rs. 25,000/month | Indian citizens owning non-agricultural property with regular income |
| Other terms published |
|
|
| Official source | tvscredit.com/loans/loan-against-property | unionbankofindia.bank.in/en/details/union-mortgage unionbankofindia.bank.in/pdf/retail_roi.pdf |
Read the full guide: Loan against property
TVS Credit vs Union Bank of India business loan: rate, fees and tenure
None of these loan providers publishes a plain starting rate for a business loan; some tie the rate to a benchmark and add a spread, which is shown in the table as published. TVS Credit and Union Bank of India do not publish a numeric starting rate for this product on their site.
| Detail | TVS Credit | Union Bank of India |
|---|---|---|
| Published rate | Not published | Floating, linked to EBLR (no figure stated) |
| Rate basis | Not published | EBLR |
| Loan amount | Not published | Rs. 10 lakh to Rs. 50 crore (overdraft limit Rs. 10 crore) |
| Processing fee | Up to 5.9% (inclusive of GST) | Not published |
| Prepayment / foreclosure | 4% of future principal outstanding (inclusive of GST) | Not published |
| Other terms published |
|
|
| Official source | tvscredit.com/loans/emerging-and-mid-corporate-business-loans | unionbankofindia.bank.in/en/details/union-msme-suvidha |
Read the full guide: Business loan
TVS Credit vs Union Bank of India gold loan: rate, fees and tenure
None of these loan providers publishes a plain starting rate for a gold loan; some tie the rate to a benchmark and add a spread, which is shown in the table as published. TVS Credit and Union Bank of India do not publish a numeric starting rate for this product on their site.
| Detail | TVS Credit | Union Bank of India |
|---|---|---|
| Published rate | Not published | Union Swarna Shakti (Retail): EBLR + 1.40% (male, 22K) / EBLR + 1.30% (female, 22K); MSME Gold Loan Plus: EBLR + 0.70% |
| Rate basis | Not published | EBLR / MCLR |
| Loan amount | Not published | Up to Rs. 50 lakh (Retail, MSME); Rs. 25 lakh (Krishi Kamdhenu) |
| Processing fee | Rs. 59 for loans/top-ups under Rs. 1 lakh; Rs. 118 for Rs. 1 lakh or more (inclusive of GST) | Not published |
| Prepayment / foreclosure | Repaid within 7 days: interest for 7 days applies; EMI loans: foreclosure period one EMI cycle, charges capped at 2% of… | Not published |
| Eligibility (as published) | Age 18 to 65 years; Indian nationality; KYC with OVDs | Not published |
| Other terms published |
|
|
| Official source | tvscredit.com/loans/gold-loans | unionbankofindia.bank.in/en/listing/gold-loan |
Read the full guide: Gold loan
TVS Credit vs Union Bank of India vehicle loans
Vehicle loan terms as these loan providers publish them.
| Detail | TVS Credit | Union Bank of India |
|---|---|---|
| Car loan: published rate | Not published | 7.60% - 10.00% |
| Car loan: maximum tenure | Not published | Not published |
| Car loan: processing fee | Not published | Flat ₹1,000 |
| Two-wheeler loan: published rate | Up to 36% p.a. | 11.10% - 11.20% |
| Two-wheeler loan: maximum tenure | 12-60 months | Not published |
| Two-wheeler loan: processing fee | New 2W up to 8.85%; used 2W up to 5.9% (incl. GST) | Flat ₹500 |
Full vehicle loan comparison for TVS Credit vs Union Bank of India (all vehicle types, EMI tables and sources) · Vehicle loans guide
Which is better: TVS Credit or Union Bank of India?
No loan provider is best for everyone. This is how the published figures split, product by product.
Pick on total cost, not the headline rate: ask each loan provider for the Key Fact Statement and compare the APR and total repayable amount. A low rate with a high processing fee can cost more than a slightly higher rate with no fee. If you already bank with one of them, a salary or relationship account can change the rate you are offered, so ask.
Bank type and how each loan provider sets its rate
TVS Credit is an NBFC and Union Bank of India is a public sector bank.
How the loan providers' own pages say their rates are set:
- TVS Credit personal loan: profile-based (varies by customer profile).
- Union Bank of India personal loan: EBLR (repo-linked).
- Union Bank of India home loan: EBLR (repo-linked); fixed option max 5 years at 11.40% to 12.65%.
Public sector banks, private banks and non-banking finance companies (NBFCs) price differently. Banks usually link floating rates to the RBI repo rate or their own benchmark and add a spread based on your credit score; NBFCs more often quote a wider range with a higher ceiling and charge higher processing fees. Some publish a range, some only a starting rate and some only a ceiling, which is why this page compares like with like and marks every gap as not published instead of guessing.
About TVS Credit and Union Bank of India
TVS Credit
NBFC · TVS Credit Services Limited
We found terms for personal loan, loan against property, business loan and gold loan on TVS Credit's website. Where a rate is missing, the tables on this page say Not published.
Lowest published starting rate on this page: 14% (Personal loan)
Union Bank of India
Public sector bank
We found terms for personal loan, home loan, loan against property, business loan, gold loan and education loan on Union Bank of India's website. Where a rate is missing, the tables on this page say Not published.
Lowest published starting rate on this page: 8.60% (Home loan)
Explore each loan provider: loans, calculators and more comparisons
TVS Credit
More comparisons
Guides: Personal loans · Home loans · Car loan · Car loan EMI calculator · EMI calculators
What to check before you choose a loan provider
- Ask for the Key Fact Statement (KFS). RBI requires loan providers to give you one before you sign, showing the interest rate, all fees, the APR and the total amount you will repay.
- Compare APR, not the headline rate. Processing fee, documentation charges and insurance change the real cost.
- Check the rate basis. A floating rate moves with the loan provider's benchmark; a fixed rate does not. Ask when the rate resets.
- Ask about prepayment and foreclosure. Floating-rate loans to individuals cannot carry pre-closure charges; fixed-rate loans often do.
- Read the eligibility and documents. Income, credit score, employment type and collateral decide the rate band you land in.
Terms used on this page
Plain meanings of the terms this comparison uses.
Starting rate: The lowest rate a loan provider advertises for a product. Most borrowers are offered a higher rate, because the final rate depends on credit score, income, employer and loan amount.
APR: Annual percentage rate. It adds the processing fee and other charges to the interest rate, so it shows the yearly cost of the loan better than the interest rate alone.
Key Fact Statement: A short summary the loan provider gives you before you sign. It lists the interest rate, every fee, the APR and the total amount you will repay. RBI requires it for retail loans.
Floating rate and repo rate: A floating rate moves with a benchmark, and for banks that is usually the RBI repo rate, the rate at which RBI lends to banks. A fixed rate stays the same for the period you agree.
Processing fee: A one-time charge for handling the application. It is usually a percentage of the loan amount plus GST, and it is often deducted before the money reaches you.
Credit score: A number from 300 to 900 that shows how you have repaid past loans and cards. A higher score usually gets you a lower rate.
Sources, method and last check
Every figure above comes from the loan provider's own website. We checked them on 12 October 2026 (vehicle loan figures on 4 October 2026) and list the pages used.
- TVS Credit: tvscredit.com/loans/online-personal-loans · tvscredit.com/loans/online-personal-loans/eligibility-and-documents · tvscredit.com/loans/loan-against-property · tvscredit.com/loans/emerging-and-mid-corporate-business-loans · tvscredit.com/loans/gold-loans · tvscredit.com/loans/two-wheeler-loans
- Union Bank of India: unionbankofindia.bank.in/en/listing/personal-loan · unionbankofindia.bank.in/pdf/retail_roi.pdf · unionbankofindia.bank.in/en/details/home-loan-interest-rate · unionbankofindia.bank.in/en/details/home-loan · unionbankofindia.bank.in/en/details/union-mortgage · unionbankofindia.bank.in/en/details/union-msme-suvidha
| Loan provider | Official pages opened | Loan types with a published rate | Loan types where rate is not published | Last checked |
|---|---|---|---|---|
| TVS Credit | 8 | 2 | 6 | 12 October 2026 |
| Union Bank of India | 10 | 3 | 5 | 12 October 2026 |
A "not published" count means we opened the loan provider's page for that product and the rate was not shown there, or the loan provider has no such page on its site. If you spot an error, tell us and we will correct it.
Method: we list only figures we could read on the loan provider's official pages. A blank means the loan provider does not publish that figure on the page we checked, and we never estimate one. Rankings use the published starting rate and published maximum tenure only. Read our editorial policy, how we make money and tell us about an error.
More loan provider comparisons
TVS Credit compared with other loan providers (11)
Union Bank of India compared with other loan providers (13)
Compare any two or three loan providers · Personal loans · Home loans · Vehicle loans
Frequently asked questions
Which is better: TVS Credit or Union Bank of India?
TVS Credit publishes a starting rate for 1 loan type; Union Bank of India publishes a starting rate for 3 loan types, and no loan type has a published rate from every loan provider here, so this page compares what each one does publish (checked 12 October 2026): fees, tenure, amounts and prepayment terms side by side, without ranking on rate alone. The better choice depends on your profile, the loan type, the amount and the fees in your offer letter.
Union Bank of India or TVS Credit: which should I pick for a loan?
Order does not change the comparison, so TVS Credit vs Union Bank of India and Union Bank of India vs TVS Credit are the same page. Start with the loan type you need: the sections above show each loan provider's published rate, fees, tenure and prepayment terms for it, and the lower starting rate is not always the lower total cost.
What is the personal loan processing fee at TVS Credit and Union Bank of India?
TVS Credit: Up to 5.9% (inclusive of GST). Union Bank of India: not published. Fees can change and GST is usually extra, so check the Key Fact Statement.
How much personal loan can I get from TVS Credit and Union Bank of India?
TVS Credit: Rs. 30,000 to Rs. 2,00,000. Union Bank of India: not published. The loan provider decides the final amount from your income, credit score and existing obligations.
Can I prepay or foreclose a home loan early at TVS Credit and Union Bank of India?
TVS Credit: not published. Union Bank of India: None; no prepayment penalty on Union Home Loan. Floating-rate loans to individuals cannot carry pre-closure charges; fixed-rate loans often do.
Which loans do TVS Credit and Union Bank of India publish rates for?
TVS Credit: personal loan. Union Bank of India: home loan. Based on each loan provider's own website, checked 12 October 2026.
Are TVS Credit and Union Bank of India regulated by the RBI?
Union Bank of India is a bank regulated by the Reserve Bank of India (RBI); TVS Credit is a non-banking finance company registered with and regulated by the RBI. Check a loan provider's registration on the RBI website before you apply, and apply only through its official channels.
How do I compare TVS Credit and Union Bank of India on real cost, not just the rate?
Ask each loan provider for its Key Fact Statement, then compare three numbers: the APR, the total amount you repay and the fees charged upfront, such as processing fee, documentation charge and insurance. The loan with the lower APR and the lower total repayment is the cheaper one, even when its headline rate looks higher.
Does my credit score change the rate at TVS Credit and Union Bank of India?
Yes. Loan providers keep their lowest published rate for borrowers with a strong credit score, usually 750 and above, and steady income. A lower score or a short work history usually means a higher rate, a higher processing fee or a smaller loan amount.
Are the rates on this page the rate I will get?
No. They are the rates the loan providers publish, usually a range or a starting rate. Your approved rate depends on your credit score, income, loan amount, tenure and, for secured loans, the asset. Always read the Key Fact Statement before you sign.
Does KhatuLoans lend money or charge for this comparison?
KhatuLoans is not a loan provider. The loan provider decides approval, rate and terms. Our comparisons are free to read, and we are not paid by the loan providers named here to rank them. See how we make money on our advertiser disclosure page.
KhatuLoans is not a loan provider and is not paid by the loan providers named here to rank them. Rates, fees and eligibility change; always confirm with the loan provider. Read our editorial policy and how we make money.