Union Bank in the UAE

Union Bank of India is one of India's leading public sector banks, serving individuals, businesses, and NRI customers. While the bank doesn't have many branches in the UAE, it does have overseas offices there and offers a full range of NRI banking products and services, along with personal support for its customers. NRIs based in the UAE can enjoy several benefits by opening an NRI account with the bank.

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Union Bank Dubai DIFC Branch Address

The UAE office is required to adhere to strict regulations imposed by the government. It will not handle any UAE Dirhams (AED) or cater to walk-in customers. It caters to professionals, governments, and business-based trade.

Office Address Unit 208-210, Level 2, The Gate Village 10, Dubai International Financial Centre (DIFC), Dubai, UAE.
Working Hours Sunday to Thursday: 8:00 AM to 3:00 PM (Closed on Friday and Saturday).
Phone Number +971 4 388 7200

Union Bank NRI Services

Union Bank has overseas offices for NRI banking in UAE. NRIs can contact these offices for information on NRI banking products and services available through Union Bank of India.

  • The bank offers different NRI accounts like NRE, NRO and FCNR(B) deposit accounts. This makes it easier for NRIs to manage their money, whether they are in India or not.
  • There are NRI investment options in India to explore and choose from. Services offered include NRI fixed deposits and remittances controlled by RBI besides other investment schemes.
  • Investors can control their funds from anywhere in the world using Union Bank's safe inward/outward remittance facility, Internet Banking, Mobile Banking, Debit Card, and online fund transfer.
  • The bank offers the best deposit schemes, simple account management with internet banking, investment facility, and remittance facility to the NRIs (Non-Resident Indians).
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Conclusion

Union Bank of India allows non-residents of India (NRIs) residing in the UAE to manage their money and investments in India with ease. Union Bank of India provides specialised NRI banking services through its network in India and its overseas offices in UAE provide information on the bank’s products and services. These services include NRI account facility, explore NRI investment options in India or choose the right investment plans for NRIs.

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FAQs

  • 1. Is it possible to access and update details of my Union Bank NRI account in the UAE?

    Yes. NRI’s can easily manage their NRI account through Union Bank of India internet and mobile banking services. They can check their balance, transfer funds, pay bills and a lot more.
  • 2. Where can I get information on Union Bank NRI services in UAE?

    People who are not in India can get general information about NRI banking services by calling the Union Bank of India Dubai DIFC Branch or the Abu Dhabi Representative Office. These offices will be able to assist customers with paperwork and banking products and can also connect them with the appropriate NRI banking team in India.
  • 3. What are the advantages of using an NRI account offered by Union Bank of India?

    Some of the NRI account benefits include easy transfer of funds to other individuals who have NRI accounts, do electronic banking, and withdraw your funds from qualified accounts. You will also have the option of opening an FCNR (B) account and depositing your foreign currency into the bank and accessing the Indian banking system through this account.
  • 4. Does Union Bank of India offer investments to non-resident Indians?

    Yes, the Union Bank of India offers NRI fixed deposits and other investments in India. While investing, one should consider the RBI and FEMA guidelines along with their investment needs.
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˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in

*Past 10 Year annualised returns as on 01-09-2026
*All savings plans are provided by the insurer as per the IRDAI approved insurance plan. Tax benefit is subject to changes in tax laws. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
**Returns are based on past 10 years' fund performance data (Fund Data Source: Value Research).
^Returns as on 10th Jan'25. 18% returns for Tata AIA Life Top 200 for the last 10 years.The past performance is not necessarily indicative of future performance. Source: Morningstar

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