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Old February 2nd, 2018, 09:37 AM
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Join Date: May 2011
Default Re: Fixed Deposit Schemes In Union Bank Of India

The Union bank of India is provides facility for fixed deposit. There is scheme for fixed deposit.

This government owned bank which has its branches spread across India is helping hundreds of thousands save efficiently for their future through its FD scheme.

While there are many investment options available in the Finance sector, Fixed Deposits are preferred the most.

This is due to the fact that Fixed Deposits have been in existence for a long time and conventional and even non-conventional Indians seek to invest in a good FD scheme.

Fixed Deposit Schemes in Union Bank of India:



Fixed Deposit Schemes in Union Bank of India:

For domestic deposits - Less than Rs. 1 cr (last revised on Mar 31, 2017)

MATURITY PERIOD DEPOSIT AMOUNT INTEREST RATE (% p.a.) GeneralSenior Citizen

7 days to 14 days Less than Rs. 1 cr 5.00N.A

15 days to 30 days Less than Rs. 1 cr 5.00N.A

31 days to 45 days Less than Rs. 1 cr 5.00N.A

46 days to 90 days Less than Rs. 1 cr 5.50N.A

91 days to 120 days Less than Rs. 1 cr 6.25N.A

121 days to 179 days Less than Rs. 1 cr 6.25N.A

180 days to less than 364 days Less than Rs. 1 cr 7.00N.A

180 days Less than Rs. 1 cr 6.90N.A

180 days to less than 10 Month Less than Rs. 1 cr 6.95N.A

10 Month to 14 Month Less than Rs. 1 cr 7.00N.A

1 years Less than Rs. 1 cr 7.00N.A

Above 1 years to 3 years Less than Rs. 1 cr 6.80N.A

Above 14 Month to 3 years Less than Rs. 1 cr 6.80N.A

Above 3 years to 5 years Less than Rs. 1 cr 6.80N.A

Above 5 years to 10 years Less than Rs. 1 cr 6.80N.A


Tax Saver Fixed Deposits (Amount capped at Rs. 1 lakh per Financial Year)
MATURITY PERIOD DEPOSIT AMOUNT INTEREST RATE (% p.a.) GeneralSenior Citizen

Union Tax Saver Scheme - 5 years to 10 Years Upto Rs. 1 lakh 6.80N.A
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