Union Bank of India (UBI) is a banking institution based in Mumbai, India. Established in 1919, the bank offers various banking products such as capital gains deposit schemes, regular current accounts, cumulative recurring deposits, deposit reinvestment certificates and savings accounts. It also offer salary accounts, fixed deposits, monthly income schemes, short deposit receipts, long term deposits, capital gains exemption deposit schemes, tax saver deposits, online trading accounts and demat accounts. Additionally, the bank provides loans, NRI deposits, remittances, investment services and other international services. The board of directors oversees the administration and management of the bank.