Vyom-Mobile Banking Application of Union Bank

One app to all your Banking needs

 

Union Bank of India welcomes you to experience Vyom – the new digital universe of banking. There is so much more to explore now with your favorite banking app – one view of all your accounts, personalized offers made just for you, quick view of your transactions, apply for credit card & other loans, make investments on-the-go and get insurance in just a few clicks. Hold on, there’s more – now book your flights, hotels, cabs, pay bills and enjoy the offers!

 

And now, you can do all of this while making Vyom your own. Customize the Quick Tasks to add up to 9 easy-to-access tasks on the home screen and select your most used option as Super Task. Choose from amongst two themes – snow & sand.

 

Vyom App Features:-

 

1. Mutual Fund:

To transform the Mutual Fund Investment Experience of the Customers and increase fee-based income, the Bank has incorporated Mutual Fund STP journey in the VYOM app.

 

The key features of the STP journey are as follows:

 

• Enabling Digital Sales of Mutual Fund products on the Vyom App.
• 100% Paperless transactions for buying Mutual Funds.
• Availability of 5000+ Equity & Debt Schemes from 43+ AMCs.
• In-built Investment tools to recommend the best schemes for investments depending upon the risk appetite of the investor.
• Comprehensive Research Data on all Mutual Fund Schemes for informed decision-making.
• MF transactions like Lump sum/SIP/Redemption are at the customer’s fingertips.
• Transaction Summary and Statement of Account to analyze Portfolio Performance.
• Dedicated Helpline to support customers on MF investments.
• Analytics-based Digital Marketing Campaigns.

 

2. Insurance:

To redefine the next-gen insurance distribution ecosystem in the bank, The Bank has incorporated the STP journey for the purchase of Insurance in the VYOM app.

 

The key features of the journey are as follows:

 

• Compare policies to choose the right plan and buy in a few clicks.
• Buy insurance on the go through the VYOM app
• 100% paperless and instant policy issuance.
• Quick access to your policy and provision to save the policy digitally.

 

3. Lifestyle:

Vyom offers customers an in-App facility to book Flight Tickets, Hotels, Cabs, and Bus tickets, purchase Gift Cards, recharge mobile, DTH & Data cards and make donations.

 

4. Credit Card STP:

Credit Card STP on VYOM will now enhance the ease of application and reduce the time to process Credit Card applications of customers. The journey offered in the all-new VYOM app aims at increasing the credit card customer base of the Bank.

 

5. Union Cash Digital:

Union Cash Digital is a personal loan facility offered to customers having a pension account with Union Bank of India. The main objective of the Digital lending scheme is to meet the personal expenses of pensioners like medical treatment, travel etc.

 

6. Union Digital Education Loan for Premier Institutes STP:

Union Bank has introduced a Digital Lending STP journey for the Special Education Loan scheme for Premier Institutes. The scheme is introduced for both existing and new bank customers.

 

7. MSME Mudra STP:

Union Bank of India Stands out to support the backbone of our economy and is ready to facilitate numerous small businesses to grow. VYOM provides end-to-end Digital STP journeys for Shishu, Kishore and Tarun Mudra to existing Bank customers.

 

8. GST Gain STP:

Vyom offers End to End STP Digital journey for entrepreneurs filing GST returns through an inbuilt hassle-free assessment based only on GST returns.

 

9. Nari Shakti STP:

The scheme empowers Women Entrepreneurs to avail of instant loans through a seamless End to End STP Digital Journey through the VYOM app.

 

10. Digital KCC Loan:

The Digital STP Journey is aimed to accelerate the financial connectivity of our farmers with India’s 1st and one-of-a-kind agriculture loan.

 

Vyom App Features & Benefits:-

 

• Scan & Pay using UPI, pay your bills, transfer funds quickly & open deposits online
• Get paperless MSME loans in just a few minutes: Shishu, Kishore, Tarun, Nari Shakti Mudra loan and GST Loan
• Instant online Loan Against Deposit
• Education loans for your career aspirations
• Personalized pre-approved loan offers (eligible saving account & pensioner account)
• Farmers get Kisan Credit Card
• Apply for new credit card digitally
• Enjoy lifestyle facilities such as flight, hotel, cab and bus booking, etc.
• Invest in mutual funds
• Insure yourself
• Access various Government schemes such as PMSBY, PMJJBY, PPF & SSA directly
• Customize your app with up to 9 Quick tasks & Super task
• Access your deposits (such as FD/RD/Tax saver deposits)
• Change theme of your app
• Quick services – block your ATM/ credit card, request cheque book, stop cheques, download TDS & interest certificates
• View your accounts and all loan statements at a glance anymore
• Even before you login, enjoy the following features: Scan & pay at any merchant/individual QR code, make BHIM UPI payment
• View your balance and check updated mPassbook
• Reset your login pin
• View various product offers
• Calculate gold loan eligible amount
• Choose from 13 available languages
• Locate Union Bank of India branch / ATM
• Search for the IFSC code of any Union Bank of India branch
• Download interest certificates, TDS certificate, view settlement calendar and lodge a complaint
• Select preferred language
• Set login PIN through any of three options – Debit card, Internet Banking ID & Branch Token
• On some phones, you can also enable biometric recognition for easier login
• You’re all set to enjoy banking at your fingertips
• MSME services such as Upload of Stock Statement, Apply for Solvency Certificate, Update of GSTN
• Apply for POS
• Apply for IPO
• Generation of Virtual Debit Card

 

Vyom app is supported by Android 4.4 & up version:-

 

•          Install the app from Play store

•          Select preferred language

•          Select eligible SIM and accept T&C, an automated SMS will be sent from eligible SIM to activate your account

•          Set login PIN by any of 3 options – Debit card, Internet Banking ID & Branch Token

•          Voila! Login to enjoy the app

•          You can also enable biometric for ease of convenience and select your preferred theme

 

Pre-login features of Vyom app:-

 

•          Scan & pay at any merchant/individual QR code & make BHIM UPI payment

•          View your balance and check updated mPassbook

•          Reset your login pin

•          Gold loan calculator

•          Various product offers to view & search IFSC code for any Union Bank of India branch

•          Choose from 13 available languages

•          Locate Union Bank of India branch / ATM

•          Contact Union Bank of India for any query/grievances and many more services such as refer a friend, download interest certificates