Union Bank of India started its 107th Foundation Day with a clear move toward easier business banking. The bank launched a new mobile app called ‘Union eBiz’, made for small businesses, shop owners and MSMEs who want to manage money tasks on their phone instead of visiting a branch again and again.
The bank also announced 51 new branches and offices, but most of the buzz centred around the eBiz app since it directly supports the daily needs of small business owners.
What Union eBiz Helps You Do
Union eBiz is built to make everyday business banking simple.
The app offers 20+ business workflows and 300+ total features, giving MSMEs a single place for:
- Salary and vendor bulk payments
- Receive payments from customers
- Check balances and track money movement
- Approve payments quickly
- Give or block access for staff
- Handle important tasks without paperwork
Earlier, many of these activities required forms, signatures or long waits. The eBiz app tries to cut that effort and put everything in one easy place.
EaseMoney Take: How It Stacks Against Other Bank Apps
To keep things clear, we checked what other banks offer:
- SBI’s YONO Business includes several steps for approvals and different user roles — good for large teams, but not always smooth for small shops.
- Bank of Baroda’s Bob World Business supports MSMEs but still uses layered approval flows that suit bigger firms more than small daily operators.
- Many private-bank business apps work best on computers, while small business owners in India mostly depend on their phones.
Union eBiz stands out because it keeps things lighter. It brings essential business tasks into a clean mobile setup that suits small traders, micro-units, shop owners and MSMEs who prefer quick actions without complicated steps.
Union Bank Also Opens 51 New Branches
Union Bank added 51 new branches and offices across different regions to strengthen in-person support. This helps customers who still prefer talking to staff directly for loans, documents or guidance.
Here’s a simple look at the bank’s scale:
| Union Bank Snapshot (Sept 2025) | Numbers |
|---|---|
| Total customers | 16 crore |
| Regional offices | 140 |
| Zonal offices | 22 |
| Total business | ₹22.10 lakh crore |
| New branches opened | 51 |
Bottom Line
Union eBiz is a small-business-friendly app built to save time, reduce branch visits and bring daily money tasks to the phone. The new branches expand reach, but the app is the real change — helping India’s businesses work faster and with less effort.
