Union Bank of India has revised the FD interest rates – check details
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Fixed Deposit Rates : Union Bank of India has revised the interest rates on FDs of lower than Rs 2 crore. According to the Union Bank web site, the new interest rates have come into impact from June 1, 2024.
Union Bank of India is providing an interest fee of 3.5 p.c to the normal public on FDs maturing between seven to 45 days. FDs between 46 days to 90 days at the moment are getting an interest fee of 4.50 p.c. It is providing 4.80 p.c interest on FDs maturing between 91 days to 180 days. FDs from 181 days to lower than 1 12 months are getting 6.25 p.c interest.
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FD Rates for Senior Citizens
Senior residents are getting an additional interest of 0.50% over and above the regular rates. The most interest fee given to senior residents is 7.75 p.c for 399 days.
Super Senior Citizen FD Rates
The financial institution is providing 0.75 p.c extra interest for tremendous senior residents. The most interest fee on FD of 399 days is 8 p.c.
Union Bank FD Rates – Here are the interest rates for normal residents and senior residents
| Time Period | General public | Senior Citizen |
| 7 days – 14 days | 3.50% | 4% |
| 15 days – 30 days | 3.50% | 4% |
| 31 days – 45 days | 3.50% | 4% |
| 46 days – 90 days | 4.50% | 5% |
| 91 days – 120 days | 4.80% | 5.30% |
| 121 days – 180 days | 4.90% | 5.40% |
| 181 days to <1 12 months | 6.25% | 6.75% |
| 1 12 months | 6.75% | 7.25% |
| 1 12 months – 398 days | 6.75% | 7.25% |
| 399 days | 7.00% | 7.50% |
| 400 days to 2 years | 7.25% | 7.75% |
| 2 years to three years | 6.50% | 7% |
| 3 years to five years | 6.50% | 7% |
| 5 years to 10 years | 6.50% | 7% |
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