Union Bank of India Fixed Deposit Rates: Union Bank of India has shocked crores of its customers in the new year. The bank has reduced the interest rates on FDs of less than Rs 3 crore. According to the website of Union Bank, the new interest rates have come into effect from January 1, 2025. The bank has reduced the interest on FD of 333 days. Check latest interest rates.
Senior citizens are getting more interest
Senior citizens are getting extra interest of 0.50% in addition to the normal rates. The bank is offering 0.75 percent more interest for super senior citizens. Union Bank of India is offering 3.5 percent interest rate to the common people on FDs maturing between seven to 45 days. Now interest rate of 4.50 percent is available on FD between 46 days to 90 days.
Interest rates on FD of Union Bank of India – On FD up to Rs 3 crore