#1
14th May 2016, 04:13 PM
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Union Bank Of India RD
I want to know the Recurring Deposit Interest Rates of Union Bank of India so can you please tell me?
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#2
14th May 2016, 04:13 PM
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Re: Union Bank Of India RD
Union Bank of India is one of the largest government-owned banks of India. The bank was established on 11 November 1919. It head quartered in Mumbai. Union Bank of India Recurring Deposit Interest Rates This deposit works like a regular RD scheme. Anyone can open this deposit for as low as Rs. 50 per month. The tenure period range between 6 months to 120 months, in multiples of 1 month. Tenure Less than 1 crore 1 crore to 10 crore 180 days 7.00% p.a. 6.50% p.a. 181 days to less than a year 7.50% p.a. 7.25% p.a. 1 year 7.65% p.a. 7.30% p.a. Above 1 year - 3 years 7.55% p.a. 7.00% p.a. Above 3 years - 5 years 7.50% p.a. 7.00% p.a. Above 5 years - 10 years 7.25% p.a. 6.75% p.a. Short term RD accounts comprise of those tenures that range between 6 months to 1 year. Your interest rate depends on the size of your deposit. Deposits of less than Rs. 1 crore earn interest of 7% to 7.75% per annum. Deposits of Rs. 1 crore to Rs. 10 crore earn between 6.5% to 7.65% per annum. Marginal Cost Of Funds Based Lending Rate (MCLR) With Effect From 1st May 2016 TENOR MCLR (%) Overnight MCLR 9.25% One month MCLR 9.30% Three month MCLR 9.35% Six month MCLR 9.45% One year MCLR 9.50% Two year MCLR 9.55% Three year MCLR 9.60% Our Base Rate w.e.f. 05/10/2015 9.65% . Our Bench Prime Lending Rate [BPLR] w.e.f. 01/03/2016 14.25% Contact details- Union Bank Bhavan, 239, Vidhan Bhavan Marg, Nariman Point, Mumbai - 400 021, Maharashtra, India |