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May 4th, 2016, 09:45 AM
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Join Date: Mar 2012
Union Bank Fixed Deposit Rates

Hi I would like to know about the term deposits with Union bank of India and the rate of Interest which is offered by the Bank?

Union Bank is an open area managing an account organization giving retail keeping money answers for its clients. Settled stores shape a piece of its retail item suite. These plans come at alluring loan costs and changing holding periods to suit the funds and speculation needs of its clients.

Union Bank Short-Term FD Rates
The most brief time of hanging on offer is 30 days and components a 4.75% rate of return. Their 60 and 90 days store plans give 1.25% higher returns at 6.5%. This is trailed by the rate on the 120-day plan, which remains at 7.25%. The banks transient plans are adjusted off at 8.25% for property of 6 and 9 months.

Union Bank Medium and Long-Term FD Rates
The loan cost stays consistent at 8.6% for possessions somewhere around 2 and 3 years, while the rate is 8.55% for stores that develop in 1 year. These are the most noteworthy rates offered by Union Bank on its altered stores. Further up, 4 and 5 year developments represent 8.5%, while residencies above 5 years to 10 years get a sensible 8.4%.

Union Bank Senior Citizens FD Rates
Senior native clients at Union Bank are offered an impressive increment in profits for their reserve funds with a 0.5% trek on the current medium and long haul FD rates. This brings profits to 9.05% for possessions that develop in 1 year, while those 2 and 3 years represent 9.1%. The following residency chunk of 4-5 years is set apart at 9.0%, while every one of the residencies above 5 years add up to 8.9%.

The rates said above are aggravated on a semiannual premise. With longer store terms on offer, account holders stand to gain higher profits for a long haul premise.




Last edited by Neelurk; March 12th, 2020 at 02:41 PM.
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