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  #1  
Old April 23rd, 2013, 03:05 PM
shashit
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Default United Bank of India Interest Rates FD

Give me Fixed Deposit Rate of United Bank of India?
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  #2  
Old April 24th, 2013, 11:13 AM
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Posts: 34,143
Default Re: United Bank of India Interest Rates FD

You want to know about Fixed Deposit Rate of United Bank of India so here I am giving you the same:

7 days-29 days 5.00% Must be atmost Rs. 5 crores
30 days-60 days 5.50% Must be atmost Rs. 5 crores
46 days 7.00% Must be atleast Rs. 5 crores
61 days-90 days 6.50% Must be atmost Rs. 5 crores
91 days 7.50% Must be atleast Rs. 5 crores
91 days-180 days 7.00% Must be atmost Rs. 5 crores
91 days-179 days 3.50% Must be atleast Rs. 5 crores
180 days-269 days 4.50% Must be atleast Rs. 5 crores
270 days-1 year 8.00% Must be atmost Rs. 5 crores
270 days-1 year 5.50% Must be atleast Rs. 5 crores
1 year 8.75% Must be atmost Rs. 5 crores
1 year-2 years 8.75% Must be atmost Rs. 5 crores
1 year-10 years 6.00% Must be atleast Rs. 5 crores
2 years-3 years 8.75% Must be atmost Rs. 5 crores
3 years-5 years 8.75% Must be atmost Rs. 5 crores
5 years-10 years 8.75% Must be atmost Rs. 5 crores
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  #3  
Old October 29th, 2015, 02:01 PM
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Default Re: United Bank of India Interest Rates FD

Hello, I am planning to open a fixed deposit account in United Bank of India and I want to know the rates of fixed deposit?
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  #4  
Old October 29th, 2015, 02:02 PM
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Join Date: Jun 2013
Posts: 42,262
Default Re: United Bank of India Interest Rates FD

Hello, as the rate of interest of any bank is fixed by the Reserve Bank of India, and all banks need to follow them, hence the rates of all the banks do not differ much.
The rates are applicable from 5th October 2015.
Preferential rates of United Bank of India are as follows:
Date 06.08.2015
Rate in % 7.50
Amount 3.30 Crores
Period 184




The rates for the senior citizen are also the same, but it will be 0.50% over after the completion of 1 year of tenure.

Terms and conditions of deposit:
Premature Withdrawal The instructions in respect of premature withdrawal of Retail Term Deposits will be same as under:

If Term Deposit is closed prematurely within 7 days from the date of deposit:
No Interest will be paid.
If closed prematurely beyond 7 days and withdrawn the deposit: 1% penalty will be levied on the rate of interest applicable for the period the deposit remained with the Bank.
If prematurely withdrawn for reinvesting the deposit for a period longer than the residual period of the original deposit, interest will be paid at the rate applicable on the date of original deposit for the period for which the deposit remained with the Bank, without applying any penalty of 1%.
If the term deposit is renewed by premature withdrawal for a period shorter than the remaining period of the deposit, penalty will be charged @ 1%.
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Last edited by Aakashd; August 12th, 2018 at 07:51 PM.
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