Union Bank of India has revised the interest rates on FD. These rates have been revised for FDs up to Rs 2 crore and have become effective from June 1, 2024.
Union Bank of India has revised the interest rates on FD. These rates have been revised for FDs up to Rs 2 crore and have come into effect from June 1, 2024. Union Bank of India is offering interest rates ranging from 3.5 per cent to 7.25 per cent on FDs.
Union Bank of India is giving 3.5 percent interest on FDs of 7 days to 45 days duration. Whereas the bank is giving 4.5 percent interest on FDs of 46 days to 90 days duration. If you make FDs of 91 days to 180 days duration, you will get 4.8 percent interest. Whereas on FDs of 181 days to 1 year duration, you will get 6.25 percent interest.
The bank is offering 6.75 percent interest on FDs from 1 year to 398 days. The bank is giving the highest interest of 7.25 percent on FDs of 399 days. Those who make FDs from 400 days to 998 days will get 6.50 percent interest. FDs of 999 days will get 6.40 percent interest. FDs of 1000 days to 10 years will get 6.50 percent interest.
If you are a senior citizen, you will get an additional interest of 0.50 percent from the bank. In this way, senior citizens can get a maximum interest of 7.75 percent on FD of 399 days. Not only this, super senior citizens will get an additional interest of up to 0.75 percent. That is, they can get a maximum interest of 8 percent on FD of 399 days.
