Union Bank of India (UK)
The UK arm of Union Bank of India, running a buy-to-let and commercial real estate desk alongside syndicated and bilateral corporate lending across the UK, India and the Gulf.
What they do
Union Bank of India (UK) Limited lends from a base of retail deposits and interbank funding, with a customer loan book of roughly £275m. Around three tenths of it is UK real estate, buy-to-let, commercial investment, hospitality and student accommodation, written bilaterally by a dedicated team. Alongside that sits participation in syndicated and bilateral corporate loans with borrowers connected to India, the UAE and the United States. Credit passes through independent credit and investment committees, with larger exposures escalated to a board committee.
Where they fit in a lower-mid-market raise
For a property-secured requirement at the lower end of a £3–15m raise, and particularly for a borrower whose group spans the UK and India, this is a reachable balance sheet with a small team behind it. The syndicated participation business means the bank is also a candidate to take a slice of a larger corporate facility being arranged by someone else.
Where they are not the fit
No ticket band is published, and the size of the book against the number of borrowers suggests modest average facilities, so in-band capacity has to be confirmed rather than assumed. There is no evidence of sponsor-backed or leveraged lending, and climate-sensitive sectors carry enhanced due diligence under the bank's own policy.
Published terms
- Pricing
- Not published
- Speed to terms
- Not published
- Sponsored or sponsorless
- Corporate-only appetite evidenced; no mention of private equity/sponsor-backed transactions. SME and corporate borrowers across UK real estate and cross-border corporates
- Where they lend
- UK-focused bilateral BTL/CRE lending; syndicated/bilateral cross-border corporate loans (India, UAE, US). Registered office: 12 Arthur Street, London EC4R 9AB
- How they decide
- Credit and Investment Committees assess all new exposures independently; significant exposures escalate to Management Committee of the Board (MCB); Risk and Compliance Committee (RCC) provides strategic oversight
As published by the lender and last reviewed August 2026. Terms quoted on a deal are set by the credit, not by a published band.
The desks that lend
Union Bank of India (UK) lends through 2 separate books. Which one reads a deal decides the security, the covenant package and the band, so the question is rarely whether Union Bank of India (UK) lends, but which of these would own it.
Commercial real estate term loan (BTL / CRE)
- Security
- Property-backed; collateral valuations and haircuts applied per LGD model; EPC ratings captured at origination
- Funds
- Acquisition · Refinance
Syndicated / bilateral corporate term loan (global / ECB)
- Security
- Collateralised per credit policy; exposure limits by counterparty, sector and geography
- Funds
- Acquisition · Growth · Refinance
How they sit against the category
- Like 24 of the 42, it publishes no indicative price — a margin comes from a conversation, not a page.
Counted across the 42 challenger & specialist banks in this directory, on what each one publishes. What a lender discloses and what it will do are different things.
Questions this page answers
Does Union Bank of India (UK) lend to companies without a private-equity sponsor?
Yes. Union Bank of India (UK) lends to owner-managed and corporate borrowers, and publishes no private-equity sponsor proposition.
Where does Union Bank of India (UK) lend?
UK-focused bilateral BTL/CRE lending; syndicated/bilateral cross-border corporate loans (India, UAE, US). Registered office: 12 Arthur Street, London EC4R 9AB.
What does Union Bank of India (UK) lend?
The published product set is commercial real estate term loan, syndicated / bilateral corporate term loan. Published sector focus is buy-to-let, commercial real estate, financial institutions, hospitality, it.
On the record
March 2026: Loans and advances to customers USD 348.5m (FY2026 annual report; no individual deal disclosures.
June 2026: Exhibiting at NACFB Commercial Finance Expo, NEC Birmingham — active broker outreach for BTL/CRE origination (commercialfinanceexpo.co.uk.
Sources: unionbankofindiauk.co.uk
This profile is a curated reference note drawn from public sources, not financial advice or a recommendation. Appetite and terms change; a lender's fit for a given credit is established by approaching it, not inferred from a page.