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17th May 2016, 02:14 PM
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Join Date: May 2012
Re: Fixed Deposit Rates In Union Bank of India

Union Bank of India (UBI) (BSE: 532477) is one of the largest government-owned banks of India (the government owns 60.13% of its share capital). It is listed on the Forbes 2000, and has assets of USD 13.45 billion.

the information about the Fixed deposit of the Union bank of India is ven below :

ELIGIBILITY
Any Resident Individual - Single Accounts, Two or more individuals in Joint Accounts, Illiterate Persons, Blind persons, Purdanasheen Ladies, Minors, Associations, Clubs, Societies, etc. Trusts, Institutions/Agencies specifically permitted by the RBI eligible to open a ""Fixed Deposit Receipt" Account" in single/joint name/s.


Minimum amount:-

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/-

Interest Rates


Maturity Period Deposit Amount INTEREST RATE (% p.a.)


7 days to 14 days Less than Rs. 1 cr 4

15 days to 30 days Less than Rs. 1 cr 4.75

31 days to 45 days Less than Rs. 1 cr 5.25

46 days to 90 days Less than Rs. 1 cr 6.5

91 days to 120 days Less than Rs. 1 cr 6.75

121 days to 179 days Less than Rs. 1 cr 6.75

180 days to less than 364 days Less than Rs. 1 cr 7.5

180 days Less than Rs. 1 cr 7

1 years Less than Rs. 1 cr 7.65

Above 1 years to 3 years Less than Rs. 1 cr 7.55

Above 3 years to 5 years Less than Rs. 1 cr 7.5

Above 5 years to 10 years Less than Rs. 1 cr 7.25


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