#1
June 8th, 2016, 03:58 PM
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Union Bank of India Base Rate
Hello, I want to know the details of the base rate of the Union Bank of India, will you please provide me.
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#2
June 8th, 2016, 04:30 PM
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Re: Union Bank of India Base Rate
Hello, here I m providing you the details of the base rate of the Union Bank of India as under: Base Rate w.e.f. 05/10/2015 9.65% . Bench Prime Lending Rate [BPLR] w.e.f. 01/03/2016 14.25% 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% Union Bank Short-Term FD Rates The shortest period of holding on offer is 30 days and features a 4.75% rate of return. Their 60 and 90 days deposit schemes provide 1.25% higher returns at 6.5%. Union Bank Medium and Long-Term FD Rates The interest rate remains constant at 8.6% for holdings between 2 and 3 years, while the rate is 8.55% for deposits that mature in 1 year. Union Bank Senior Citizens FD Rates Senior citizen customers at Union Bank are offered a considerable increase in returns on their savings with a 0.5% hike on the existing medium and long-term FD rates. |
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