Union Bank Of India Latest Fixed Deposit Rates

Hi I have a personal account in the Union Bank of India and want to do a Fixed Deposit at Union Bank Of India . Can you tell me about the latest Fixed Deposit Rates of Union Bank Of India ? Provide details along with time period and rate of interest .

Hello sir I want to know about the Latest Fixed Deposit Rates of Union Bank Of India so please provide me information about this.

[sumit]

Interest of Fixed Deposit UBI will be paid on quarterly basis and in case the date of interest payment falls on holidays then on the next working day.

Fixed Deposit Rates of UBI

1. Union Bank Short-Term FD Rates

The shortest period of holding on offer is 30 days and features a 4.75% rate of return.

Their 60 and 90 days deposit schemes provide 1.25% higher returns at 6.5%.

2. Union Bank Medium and Long-Term FD Rates

The interest rate remains constant at 8.6% for holdings between 2 and 3 years, while the rate is 8.55% for deposits that mature in 1 year.

3. Union Bank Senior Citizens FD Rates

This brings returns to 9.05% on holdings that mature in 1 year, while those 2 and 3 years account for 9.1%.

The next tenure slab of 4-5 years is marked at 9.0%, while all tenures above 5 years amount to 8.9%

Eligibility

Any Resident Individual - Single Accounts, Two or more individuals in Joint Accounts,

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

Rs.5,000/- in Rural and Semi urban branches,

For senior citizens the minimum amount will be Rs. 5000/-