Term Deposit Interest Rate of Union Bank of India | May 2013
Below is the latest term Deposit Interest Rate of Union Bank of India.
|Term Deposit Interest Rate|
Effective from 21/02/2013 ( Percentage per Annum)
|Period||< Rs 15 lacs||Rs 15 lacs to < Rs 1 Cr||Rs 1 Cr to < Rs 5 Cr||Rs 5 Cr to Rs 10 Cr|
|7 day – 14 day||4.00||4.00||4.00||4.00|
|15 day – 45 day||4.75||4.75||4.75||4.75|
|46 day – 90 day||6.25||6.25||6.25||6.25|
|91 day – 120 day||7.25||7.25||7.25||7.25|
|121 day-179 day||7.75||7.75||7.75||7.75|
|180 day to < 1 year||8.50||8.50||8.40||8.40|
|1 year to < 3 year||9.00||9.00||9.00||9.00|
|3 year to <7 year 7 month||9.00||9.00||8.90||8.75|
|>7year 7month to 8year||9.00||9.00||8.90||8.75|
|> 8 yearto 10 year||8.75||8.50||8.50||8.50|
|Domestic Term Deposit Interest rate payable on deposits above Rs.10 Crs with effect from 29 th March 2013 is as follows:|
|Period||Deposits more than Rs.10Crs to Rs.50Crs.||Deposits more than|
|1 year-3 years||8.75||8.75|
- Interest rates are subject to change. Hence depositor will ascertain the rates as on the date of placement from the website.
- Aggregate value of deposits placed by a depositor on the day for an identical tenor will be taken for deciding applicable interest rate.
- If no rates are specified for the amount above 10 Crs, rates specified for slab of Rs 5 to Rs 10 Crs will apply.