Union Bank of India FD Interest Rates

In a world filled with financial risks, finding a safe and reliable investment option is essential to secure your hard-earned money. Fixed Deposits (FDs) have long been a favorite choice for investors. Union Bank of India offers a range of FD options with attractive interest rates.

Basically, all Banks have their interest rates and those rates can vary according to the tenure and FD scheme. In this blog post, we will explore the Union Bank of India FD Interest Rates. All these rates will help you to make a better decision to grow your savings.

union bank of India FD interest rate
union bank of India FD interest rate

Union Bank of India FD Interest Rates For Domestic Term Deposits (% per annum) w.e.f 23.05.2023

Tenure Rate for % per annum Less than Rs. 2 Cr (For General Public) Rate for % per annum Less than Rs. 2 Cr (For Senior Citizens)
7 Days-14 Days 3.00 3.50
15 Days -30 Days 3.00 3.50
31 Days -45 Days 3.00 3.50
46 Days-90 Days 4.05 4.55
91 Days -120 Days 4.30 4.80
121 Days-180 Days 4.40 4.90
181 Days to 1 year 5.25 5.75
1 year 6.30 6.80
Above 1 year to 398 Days 6.30 6.80
399 Days 7.00 7.50
400 Days to 2 years 6.30 6.80
2 years to less than 3 years 6.30 6.80
3 years 6.50 7.00
3 Year to 5 years 6.70 7.20
5 Years to 10 Years 6.70 7.20

Note:-

  • Senior Citizens of India will be offered an additional rate i.e. 0.50% p.a. which is above from the normal rates.
  • Also, Super senior citizens will be offered an additional rate i.e. 0.75%, which is 0.25% more than the rate of interest of the senior citizens.

UBI NRE FD Interest Rates w.e.f.  23.05.2023 

Tenure Interest Rate (% per annum) less than 2 cr.
1 Year 6.30
1 Year to 398 days 6.30
399 days 7.00
400 Days to 2 years 6.30
2 years to less than 3 years 6.30
3 years 6.50
3 Years to 5 Years 6.70
5 Years to 10 Years 6.70

Note:- An additional rate of interest @0.50% for senior citizens will not be offered in case of an NRE deposit.

UBI NRO FD Interest Rate w.e.f. 23.05.2023

Tenure Interest Rate (% per annum) less than 2 cr.
7 Days-14 Days 3.00
15 Days-30 Days 3.00
31 Days-45 Days 3.00
46 Days-90 Days 4.05
91 Days-120 Days 4.30
121 Days-180 Days 4.40
181 Days to 1 year 5.25
1 year 6.30
1 year to 398 Days 6.30
399 Days 7.00
400 Days to 2 years 6.30
 2 years to less than 3 years 6.30
3 years 6.50
 3 Year to 5 years 6.70
5 Years to 10 Years 6.70

Note: Also, for more information visit the official site of Union Bank of India Click Here.

Also Read:-

"Nupur Tanan" works at Financewisdom.in. She has experience in writing a vast range of varied content. She write knowledgeable, well-researched, and engaging articles on various personal finance and banking related topics.

Leave a comment