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Union Bank of India revises interest rates on FDs
November 25, 2022
The bank currently offers an interest rate on deposits maturing in 7 days to 10 years that range from 3.00% to 6.70% as a result of the modification. Union Bank of India is now giving a maximum interest rate of 7.30% on deposits with maturities of 800 days and 3 years, respectively.
The bank currently offers a 3.00% interest rate on deposits that mature in 7–45 days, while Union Bank of India now offers a 4.05% interest rate on deposits that mature in 46–90 days. For FDs maturing in 91 to 120 days and 121 to 180 days, Union Bank of India is now providing interest rates of 4.30% and 4.40%, respectively. Deposits maturing in 181 Days to 1 Year will now fetch an interest rate of 5.25% and those maturing in 1 Year to 598 Days will now fetch an interest rate of 6.30%.
On deposits maturing in 599 days, the bank is now offering an interest rate of 7.00% and on those maturing in 600 days to 699 days, Union Bank of India is now offering an interest rate of 6.30%. Current interest rates offered by Union Bank of India are 7.25% for FDs maturing in 700 days and 6.30% for those maturing in 700 days to 799 days.
Important Links:
- 4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI): https://tscfm.org/courses/4-in-1-professional-diploma-in-banking-financial-services-insurance-pdbfsi/