Union Bank of India, a public sector bank, offers a wide range of FD tenures. According to the latest available rate chart for deposits below ₹2 crore, the bank pays between 3.50 % and 7.25 % interest per annum. The highest rate of 7.25 % is offered for a special 399‑day deposit. Senior citizens receive an additional 0.50 % and super senior citizens (aged over 80 years) get 0.75 % extra.
Union Bank FD Interest Rates (Deposits <₹2 Crore)
| Tenure | General rate | Notes |
|---|---|---|
| 7–14 days | 3.50 % | Short‐term |
| 181 days – <1 year | 5.75 % | Medium‑term |
| 1 year | 6.75 % | Standard 1‑year deposit |
| 399 days (special) | 7.25 % | Highest rate; senior citizens get +0.50 % |
| 400 days – 2 years | 6.50 % |
For the most accurate rates, consult the Union Bank website or visit a branch. Rates can change and may differ for higher deposit amounts. Consider laddering your FDs across different tenures to maximize returns while retaining liquidity.
