Originally established as United Bank of India Ltd., the bank was a result of merger of four Bengali banks - Comilla Banking Corporation Ltd., Bengal Central Bank Ltd., Comilla Union Bank Ltd. and Hooghly Bank Ltd. in 1950. Almost two decade later, in 1969, United Bank of India was one among the major banks that were nationalized. Thereafter, the bank expanded in a major way, covering all the states of India. It also was an active participant in the growth and developmental activities, mainly in the rural and semi-urban regions.
Acknowledging the efforts made by United Bank of India, it was honored as a Lead Bank in several districts of India. Presently, it the Lead Bank in 30 districts in the States of West Bengal, Assam, Manipur and Tripura. The Bank also holds the position of being the Convener of the State Level Bankers' Committees (SLBC) for the States of West Bengal and Tripura. The bank is known to spread its banking services especially in the Eastern and North-Eastern parts of India. United Bank of India supported the 4 Regional Rural Banks (RRB) at West Bengal, Assam, Manipur and Tripura.
Thanks to United Bank of India, even places with little or no reach such as the Sunderbans in West Bengal, today, have an access to banking services. UBI had established two floating mobile branches on motor launches. These moved from one island to another on different days of the week, providing people with all the facilities. However, the floating branches paved way to the full-fledged bank branches at these centers. The largest lender to the tea industry, UBI is also recognized as the 'Tea Bank', for its longstanding involvement with the financing of tea gardens.
Branches & ATM Services
Presently the Bank has a three-tier organizational set-up consisting of the Head Office, 28 Regional Offices. Out of its total 1450 branches, 500 of them have been automated either fully or partially. Its branches in all the metropolitan cities of India are equipped with Electronic Fund Transfer System. UBI has ATMs all over the country and having Cash Tree arrangement with 11 other Banks.
Products & Services