If you are thinking of buying a house or a car, then there is a golden opportunity for you. In fact, the public sector Union Bank of India has announced 100 percent waiver in processing fees for home and car loans.
New Delhi. After the decision of the Reserve Bank of India (RBI) not to make any change in the repo rate, a government bank has given good news to the customers. In fact, the public sector Union Bank of India has announced a 100 percent waiver of processing fees for home loans / four and two-wheeler loans for all new customers with a credit score of 700 and above.
This offer will be from August 16, 2023 to November 15, 2023. This exemption has also been extended to takeover of home loans from other banks and financial institutions.
Union Bank of India FD Rates
Union Bank of India offers interest rates of 3 to 7 per cent per annum to the general public and 3.50 to 7.50 per cent per annum to senior citizens on FDs of 7 days to 10 years. The interest rate on the bank’s tax saving FD for a period of 5 to 10 years is 6.70 per cent per annum for general public and 7.20 per cent per annum for senior citizen depositors.
