Union Bank of India, a public sector lender, has revised the interest rates on fixed deposits as below 2 crores. According to the official website of the bank, the new interest rates are effective from September 14, 2022. After the revision, the bank is now offering interest rates ranging from 3.00% to 5.80 per cent on fixed deposits with maturities ranging from 7 days to 10 years. , Presently Union Bank of India is offering a maximum interest rate of 6.20% on Fixed Deposits maturing in 5 years, 1 day.
Union Bank Of India FD Rates
On fixed deposits maturing in 7 days to 45 days the bank will now offer an interest rate of 3.00% and on fixed deposits maturing in 46-90 days the bank will now offer an interest rate of 4.05%. Fixed deposits maturing in 91-180 days will now fetch an interest rate of 4.10% and fixed deposits maturing in 181 days in less than 1 year will now attract an interest rate of 4.60%. Union Bank of India will now offer an interest rate of 5.35% on fixed deposits maturing in 1 year and the bank will now offer an interest rate of 5.45% on fixed deposits maturing in 1 year to 2 years.
The bank will now offer an interest rate of 5.50% on fixed deposits maturing in 749 days over the years and 6.15% on fixed deposits maturing in 750 days. Fixed deposits maturing between 750 days and three years will now attract an interest rate of 5.50%, while fixed deposits maturing in three years to five years will now attract an interest rate of 5.75%. For fixed deposits maturing in 5 years 1 day, Union Bank of India will now offer an interest rate of 6.20%, and the bank will guarantee an interest rate of 5.80% for fixed deposits maturing in 5 years 1 day to 10 years Will also give
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The bank mentions on its website that “Union Bank Resident Senior Citizen of Rs. 5 crore in all its domestic fixed deposit scheme. For interest rate of fixed deposit for Rs. 2 crore and above, please contact our bank nearest to you.” Contact the branch. This additional rate component is applicable on domestic fixed deposits and is 0.50% higher than the normal rate.”
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