FINANCE

FD Interest Up To 8%: This Bank Revised FD Rate From 1st June, Check More Over Here

Union Bank of India has revised the interest rates on FD from 1st June. The rate is different as per your investment days, check more over here.

Union Bank of India has revised the interest rates on FD. These rates have been revised for FDs up to Rs 2 crore and are applicable from June 1, 2024. Interest rates ranging from 3.5 percent to 7.25 percent for FDs booked on different periods in Union Bank of India.

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Union Bank of India is offering 3.5 percent interest on FDs for tenure ranging from 7 days to 45 days. Whereas the bank is giving 4.5 percent interest on FD ranging from 46 days to 90 days. If you make FD for 91 days to 180 days, you will get 4.8 percent interest. You will get 6.25 percent interest on FD ranging from 181 days to 1 year.

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Union Bank of India FD Range In Days

The bank is offering 6.75 percent interest on FDs ranging from 1 year to 398 days. At the same time, the bank is giving the highest interest of 7.25 percent on FD of 399 days. Those who make FD for 400 days to 998 days will get 6.50 percent interest. 6.40 percent interest will be available on FD of 999 days. At the same time, interest of 6.50 percent will be available on FD ranging from 1000 days to 10 years.

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If you are a senior citizen then you will get additional interest of 0.50 percent from the bank. In this way, senior citizens can get the highest interest of 7.75 percent on FD of 399 days. Not only this, super senior citizens will get additional interest up to 0.75 percent. That means he can get a maximum interest of 8 percent on FD of 399 days.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice.)

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