FD interest rates: Union Bank’s 333-day fixed deposit offers up to 8.15%; check details here

FD interest rates: Union Bank’s 333-day fixed deposit offers up to 8.15%; check details here

When you are looking for bank fixed deposits (FD), one factor to consider is the highest rate of interest offered by different banks. The general thumb rule is that banks tend to offer higher interest rates for long-duration deposits and lower rates for shorter duration. For instance, a five-year FD will offer a higher interest … Read more

FD interest rate: Union Bank offers up to 8.15 percent on 333-day fixed deposits

FD interest rate: Union Bank offers up to 8.15 percent on 333-day fixed deposits

Union Bank of India has recently revised its interest rates on fixed deposits and now it offers a special interest of 7.4 percent to regular citizens on term deposits of 333-day tenure. Senior citizens, meanwhile, are entitled to an extra 50 basis points i.e., 7.9 percent on the term deposit of same tenure, while super … Read more