Union Bank Fixed Deposit Interest Rates December 2023
Union Bank of India FD Rates: Check Latest updated Best FD Interest Rates, RD (Recurring Deposits) Interest Rates, Single Term Deposit Rates for General, NRI & Senior Citizens Online through Deal4loans. Latest Updated Deposit rates News
✓ General Public: you can earn maximum upto 5.80% interest rate per annum on 5 Years + Term Deposit. ✓ For interest rates on deposits of more than Rs 10 crs, please contact Union Bank branch

Union Bank Fixed Deposit Interest Rates September 2022

       less than Rs. 2 crore
 Duration Rate of interest
7 – 14 Day
3.00
15 – 30 Day
3.00
31 – 45 Day
3.00
46 – 90 Day
4.05
91 - 120 Day
4.10
121-180 Day
4.10
181 Day <1 Year
4.60
1 Year
5.35
>1 Yearto 2 Year
5.45
2 Yearto 3 Year
5.50
3 Year3 Year14 Day
5.75
1111Day
5.75
3 Year 15 Day 5 Year
5.75
5 Year10 Year
5.80
Short Term Deposit - Minimum amount that can be deposited under this scheme is Rs.5 lacs for a period of 7-14 days.Deposits for a period of 7 days and above but not exceeding 179 days are classified as Short Deposits.Union Bank of India Offers Deposit in Fixed Deposit Receipt - 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/- ✓ Monthly Income Scheme - All resident individuals eligible to open a "Monthly Income Scheme" account in single/joint name/s. ✓ DRIC - This is an ideal scheme for investing a lump sum amount where interest is compounded quarterly and paid along with the principal amount invested. Deposits can be accepted for any period from 6 months to 120 months. Minimum amount of deposit will be Rs.100/- in Rural/Semi-urban centers and Rs.500/- in Urban/Metro centers. ✓ Union Tax Saver Deposit - The amount to be invested in the term deposit of the Bank shall be a minimum of Rs.5,000/- and in multiples of Rs.1,000/- thereof and maximum limited to Rs.1,50,000/- in a financial year. The product will be available for investment, until further announcement or otherwise withdrawn by the Government, as the case may be. Deposit will be accepted for a minimum period of 5 years and maximum period of 10 years. ✓ Union Capital Gain Deposit - Under this scheme, the tax payers can avail of the benefit of exemption from Capital Gains, if the amount of Capital Gains or the net consideration is deposited in the bank on or before the due date of filling the return of income.
  • Interest rates are subject to change. Hence depositor will ascertain the rates as on the date of placement from the website.
  • Aggregate value of deposits placed by a depositor on the day for an identical tenor will be taken for deciding applicable interest rate.
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