2022 2023 EduVark > Education Discussion > Banks Related


  #1  
March 28th, 2017, 02:59 PM
Unregistered
Guest User
 
Union Bank of India Union Monthly Plus

Hi I am interested in having the details of the Union Monthly Plus offered by Union Bank of India including the rate of interest offered by the bank?
Similar Threads
Thread
Union Bank Of India Staff Union
Union Bank of India HK
Union Bank Of India
KBC Union Bank Of India
Union Bank of India Recruitment Jobs in Union Bank of India Apply Now
RDO In Union Bank Of India
Www.Union Bank Of India
RRB of Union Bank of India
Union Parivar Of Union Bank Of India
Union Bank of India RRB
Union Bank Of India CBE
Monthly Income Scheme In Union Bank Of India
Union Bank of India UK
PO in Union Bank of India
Union bank of India app

  #2  
March 28th, 2017, 03:30 PM
Super Moderator
 
Join Date: Mar 2012
Re: Union Bank of India Union Monthly Plus

The Union Monthly Plus is an exceptionally famous Recurring Deposit Scheme that offers alluring rates of intrigue. Through this plan, individuals can spare cash effectively and not stress over the sum they wish to store each month as they can without much of a stretch increment or lessening the same by utilizing the Step Up and Step Down alternatives. Their base store each month can be as low as Rs.100.

Elements and Benefits of Union Monthly Plus Recurring Deposit Scheme

Accessibility

The Union Monthly Plus Recurring Deposit Scheme is accessible to all people, corporates, organizations, association firms, proprietorships, puts stock in, Hindu Undivided Families, and so on.

Store Amount

While applying for this plan, individuals need to first choose a 'Center Amount' and store it in their repeating store account. They can store a base Core Amount of Rs.100 and a greatest Core Amount of Rs.1, 00, 000

Adaptable Deposits

The Union Monthly Plus Recurring Deposit Scheme permits individuals to store diverse sums each month through its two alternatives - Step Up and Step Down.

Through the Step Up alternative, contributors can expand their portion sum each month by up to 10 times of their Core Amount. They can expand their store in any month and the bank permits them to store more than once amid a month, gave that they don't surpass as far as possible, which is 10 times of their Core Amount. The most extreme sum that contributors can dispatch in a month including the progression up is Rs.1, 00, 000.

Union Bank of India permits their investors to Step Down after they have utilized the main choice to expand their store sum. The Step Down choice gives contributors a chance to diminish their store sum in any month however it ought not been underneath the Core Amount

Financing cost

Union Bank of India offers extremely alluring loan costs on their Union Monthly Plus Recurring Deposit Scheme. The bank ascertains this enthusiasm on the premise of day by day item

Store Tenure

The store residency for Union Monthly Plus reaches from 6 months to 60 months (in products of 1 month)

Untimely Closure

Union Bank of India permits contributors of Union Monthly Plus Recurring Deposit Scheme to close their record before development. The bank does not charge any punishment for this situation

Selection Facility

Investors of Union Monthly Plus Recurring Deposit Scheme can have a chosen one

Credit Facility

Individuals can take a credit of up to 75 percent of their store sum. They can benefit the advance at 2 percent ODR

No Late Payment Penalty

On the off chance that contributors of Union Monthly Plus Recurring Deposit Scheme are late in paying their regularly scheduled payments, then Union Bank of India won't charge them a punishment for the postponement

Rates of Interest for Union Monthly Plus Recurring Deposit Scheme
Tenure Deposits Below Rs.1 Crore

180 days 7.00

181 days to less than a year 7.25

1 year 7.50

Above 1 year - 3 years 7.55

Above 3 years - 5 years 7.50

Above 5 years - 10 years 7.25


Quick Reply
Your Username: Click here to log in

Message:
Options



All times are GMT +5.5. The time now is 10:09 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2022, vBulletin Solutions, Inc.
Content Relevant URLs by vBSEO 3.6.0

1 2 3 4 5 6 7 8