News: Fixed Deposits (FDs) are a popular investment option for individuals seeking safety and steady returns. Union Bank of India offers a range of FDs with competitive interest rates. Let’s dive into the details!
For deposits up to Rs. 2 Crores:
Union Bank provides additional interest to senior citizens:
1. Interest is calculated daily and credited quarterly (in April, July, October, and January).
2. The bank also offers attractive rates for Tax Saving FDs.
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Union Bank’s savings account interest rates:
Union Bank of India’s FDs offer stability, competitive rates, and flexibility. Whether you’re saving for the short term or planning for the long haul, explore their FD options and make your money work for you!
How much interest does Union Bank of India offer for fixed deposits under Rs. 2 Crore?
Union Bank of India provides varying interest rates for fixed deposits below Rs. 2 Crore, depending on the deposit duration.
Are NRIs allowed to invest in Union Bank of India fixed deposits?
Yes, NRIs have the opportunity to invest in Union Bank of India fixed deposits. The bank provides attractive interest rates for NRIs with various deposit terms.
What features does Union Bank of India FD scheme offer?
Union Bank of India’s FD scheme includes competitive interest rates, flexible deposit periods, loan facilities, premature closure options, and nomination arrangements.
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