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Union Bank News - Jan 2021
- 2020-06-17 : New FD rates for Union Bank
With effect from 16 June 2020, Union Bank of India revised its FD rates. FD rate for 7 to 30 days is 3.50%, for 31 to 45 days it is 3.75%, for 46 to 90 days it is 4% and it is 4.50% for 91 to 120 days. Fixed deposit rate for 120 days to 120 to 180 days is 4.75%, for 181 days to less than one year is 5%, for one year to 443 days it is 5.40 and for 3 to 10 years it is 5.45%. - 2020-02-18 : Revised FD rates for Union Bank of India
With effect from February 18, 2020, Union Bank of India revised its FD rates. FD rate for 7 to 45 days is 4.50%, for 46 to 90 days it is 5% and it is 5.50% for 91 to 120 days. Fixed deposit rate for 181 days to less than one year is 5.90%, for one year to 554 days it is 6.10% and 556 days to 10 years it is 6.20%.In addition to this, the FD rate for the special tenor of 444 days is 6.15% and it is 6.25% for 555 days. - 2019-12-06 : New Fixed Deposit rates for Union Bank of India
Union Bank of India revised interest rates on fixed deposits for December month. New rates for 7-45 days are 5.00%, the rate for 46-90 days is 5.50%, for 91-120 days it is 6.00%, and the rate for 121 to 180 days is 6.10%. In addition to that, from 181 days to less than one year, the new FD rate is 6.15%, and from 1 year and above up to 10 years, the FD rate is revised to 6.30%. The new rates are in effect from December 1, 2019. - 2019-10-07 : Revised fixed deposit rates for Union Bank of India
Union Bank of India revised interest rates on fixed deposits with effect from October 1, 2019. The revised interest rates for 7 days to 45 days is 5.00%, for 46-90 days the rate is 5.50%, the rate for 91 to 120 days is 6.00%, and for 121 days to 1 year the rate is 6.25%, For longer tenure of 1 year the rate is 6.60%, for 1 to 3 years it is 6.40% and for 3-10 years the rate is 6.45%. - 2018-07-27 : Union Bank of India hikes interest rate on FD by up to 25bps
Union Bank of India has increased its interest rate on retail fixed deposits or FDs below Rs. 1 crore, by up to 25 basis points in select maturities. The Interest rate on Union Bank of India FD with a maturity of More than fourteen months to three years is increased to 6.70%, which was 6.50% earlier. More than three years to ten years will fetch an interest rate of 6.75%, which was 6.50% earlier. The new rates are effective from july 25, 2018.
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