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Union Bank of India Interest Rates on FD, Aug 2017

Last Updated 19th Aug 2017

Fixed Deposit Interest Rate of Union Bank

Tenure General Rates Senior Citizen Rates
7 days to 14 days 5.00% 5.50%
15 days to 30 days 5.00% 5.50%
31 days to 45 days 5.00% 5.50%
46 days to 90 days 5.50% 6.00%
91 days to 120 days 6.25% 6.75%
121 days to 179 days 6.25% 6.75%
180 days 6.90% 7.40%
181 days to 9 months 29 days 6.95% 7.45%
10 months to 14 months 7.00% 7.50%
14 months 1 day to 3 years 6.80% 7.30%
3 years 1 day to 5 years 6.80% 7.30%
5 years 1 day to 10 years 6.80% 7.30%
Union Bank of India FD Maturity Calculator

Union Bank of India FD Interest Rates

  • Union Bank of India offers FD interest rates upto 7.00% per annum.
  • Interest on deposits with Union Bank of India is typically compounded quarterly.
  • Union Bank of India accepts deposits starting at Rs. 1000 for various tenures.
  • For senior citizens (age more than 60 years), Union Bank of India offers higher interest rate over and above rates mentioned below.

Union Bank of India Fixed Deposit – Premature Withdrawl

  • You may break you FD and withdrawal your money subject to minimum moratorium requirements.
  • However, in case of premature withdrawal, Union Bank of India pays applicable ROI for actual duration of deposit.

Loan against Union Bank of India FD

  • Union Bank of India offers loan upto 90% against its own deposit. Note that you cannot obtain a loan against FD from another bank.
  • Applicable rate of interest on loan against FD is typically 0.5% to 2% over the fixed deposit rate.

Union Bank of India Interest Rates in your city. How and where to apply?

  • Keep your KYC documents - PAN card, address proof and photo ready.
  • In case you already hold an account with Union Bank of India, you don’t need to submit KYC documents again.
  • To know more or apply, contact any of the branches of Union Bank of India in your city

About Union Bank of India

Union Bank Of India Fixed Deposit

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