Interest Rate of Union Bank of India

Hello sir I am here as I want to know what is the interest rate on Domestic Deposit of Union Bank of India so will you please tell me about this??

Union Bank of India is one of the largest government-owned banks of India (the government owns 63.44% of its share capital).

It is listed on the Forbes 2000, and has assets of USD 13.45 billion.

Interest Rate on Domestic Deposit of this Bank

Period < Rs. 1 Cr Rs 1 Cr to Rs 10 Cr

7 day – 14 day 4.00 4.00

15 day – 30 day 4.75 4.50

31 day – 45 day 5.25 5.00

46 day – 90 day 6.50 6.00

91 day- 120 day 6.75 6.25

121 day to - 179 days 6.75 6.50

180 days 7.00 6.50

181 day to <1 Year 7.50 7.25

1 year 7.65 7.30

>1 Year - 3 Year 7.55 7.00

>3 year - 5 Year 7.50 7.00

>5 year - 10 Year 7.25 6.75



-Interest rates are subject to change. Hence depositor will ascertain the rates as on the date of placement from the website.

-Aggregate value of deposits placed by a depositor on the day for an identical tenor will be taken for deciding applicable interest rate.

-For Interest Rates for deposits of more than Rs 10 Crs, please contact Banks nearest branch

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Answered By StudyChaCha Member