Hello, I want to know the details of the rate of interest of the Fixed Deposit in Union Bank of India. Please provide me.

Hello, here I am providing you the details of the rate of interest of the Fixed Deposit in Union Bank of India as under:

UNION BANK OF INDIA
MARGINAL COST OF FUNDS BASED LENDING RATE (MCLR) WITH EFFECT FROM 1ST MAY 2016

TENOR MCLR (%)
Overnight MCLR 9.25%
One month MCLR 9.30%
Three month MCLR 9.35%
Six month MCLR 9.45%
One year MCLR 9.50%
Two year MCLR 9.55%
Three year MCLR 9.60%

Base Rate w.e.f. 05/10/2015 9.65% .
Bench Prime Lending Rate [BPLR] w.e.f. 01/03/2016 14.25%

Rate of Interest:-
Rate of interest differs from depending upon tenure of the deposits and as and when the Bank changes the Rate.
Senior citizens are offered additional interest of 0.50 % for deposits placed for 1 year and above period.

Payment of Interest: (Subject to applicable TDS)
Interest will be paid on quarterly basis and in case the date of interest payment falls on holidays then on the next working day

Minimum amount:-
Rs.10,000/- for FDR in Metro and Urban Branches and Rs.5,000/- in Rural and Semi urban branches, and for senior citizens the minimum amount will be Rs. 5000/-