Union bank of india fd interest rates 2022

Banks have been raising interest rates on fixed deposits (FDs) following consecutive repo rate hikes by the Reserve Bank of India (RBI). Among the lenders that have recently raised interest rates on term deposits are the State Bank of India (SBI), Bank of Baroda (BOB), HDFC Bank, ICICI Bank, Bank of India, Canara Bank, Union Bank of India, IDFC First Bank, Bank of India FD rates Union Bank Of India FD rates Union Bank of India offers interest ranging from 3% to 7% on FDs with maturities ranging from 7 days to 10 years. on the maturity period of 599 days. Canara Bank FD rates Canara Bank has launched a special fixed deposit plan for a tenure of 666 days. According to this plan, the lender is offering an interest rate of 7% to its general customers, while senior citizens will receive 7.5% on these deposits.

ICICI Bank has increased interest rates on fixed deposits. On deposits maturing in 7 days to 10 years, interest rates have been hiked ranging from 3% to 6.20% for the general public and 3.50% to 6.75% for senior citizens. As per the bank's official website, the new rates are effective from October 18. HDFC Bank has raised interest rates on fixed deposits for retail investors by up to 75 basis points. On deposits maturing in 7 days to 10 years, investors will now get interest rates ranging from 3% to 6.00% for the general public and 3.50% to 6.75% for senior citizens. As per the bank's official website, the new rates are effective from October 11, 2022.

Public sector lender Union Bank of India is the latest bank to revise its interest rates on fixed deposits below Rs 2 crore. The rates are already effective from September 14, 2022. The interest rates were revised after the Reserve Bank of India (RBI) hiked the repo rates to 5.4 per cent in August. Following that, most lenders in the country have tweaked their fixed-term deposit rates. Fixed deposit schemes are considered useful tools to build an emergency or long-term corpus as they offer liquidity and assured interest income at regular intervals. With the revision, Union Bank of India will be offering a maximum interest rate of 6.20 per cent on fixed deposits maturing in 5 Years and 1 Day. New interest rates For fixed deposits maturing in 7 days to 45 days, the bank will now offer an interest rate of 3 per cent. The rate of interest for 46 -90 days FD schemes will be 4.05 per cent. Fixed deposits maturing in 91-180 days will now fetch an interest rate of 4.10 per cent and term deposits maturing in 181 days to less than 1 year will now fetch an interest rate of 4.6 per cent.  For the fixed deposit schemes maturing in 1 year, the bank will offer an interest rate of 5.35 per cent, while for term deposits of 1 year to 2 years, the bank will offer an interest rate of 5.45 per cent. Also read: For 2 years to 749 days, the interest rate will be 5.50 per cent, a rate of 6.15 per cent on fixed deposits maturing in exact 750 days.  Fixed deposits with maturities between 750 ...

RBL Bank latest FD rates RBL Bank offers 7% interest on FDs maturing in 15 months to general customers. On this tenor, senior citizens will get 7.50% rate. Union Bank of India latest FD rates Union Bank of India is one government bank that has hiked interest rates on FD below ₹2 crore with effect from 17 October. After the latest hike, the bank offers interest ranging from 3% to 7% on FDs with maturities ranging from 7 days to 10 years. on the maturity period of 599 days Canara Bank latest FD rates Canara Bank has launched a special fixed deposit plan for a tenure of 666 days. According to this plan, the lender is offering an interest rate of 7% to its general customers, while senior citizens will receive 7.5% on these deposits. Canara Bank raised its interest rates for all tenors and is currently providing an interest rate on deposits maturing in 7 days to 10 years that range from 3.25% to 7.00% for the general public and 3.25% to 7.50% for senior citizens. According to the bank's, the new rates are effective from 7 October 2022.

Bank of India (BOI) has come up with a special fixed deposit scheme offering higher interest rates. BOI today annonced 'Star Super Triple Seven Fixed Deposit' scheme, it is a limited-time offer. As the name implies, under the newly launched Fixed Deposit Scheme depositors can earn an interest rate of 7.25% and up to 7.75% for senior citizens on a deposit for 777 days. Bank of India has been offering highly competitive Interest rates on all its Fixed Deposits. In addition to this new offering, the bank has raised the interest rate on its existing 555-day Fixed Deposit scheme to 6.30%. On other time buckets from 180 days to less than 5 years, the bank has raised the interest by 25 basis points. Union Bank of India and Canara Bank also offer more than 7% interest rate on term deposits. Union Bank of India offers interest ranging from 3% to 7% on FDs with maturities ranging from 7 days to 10 years. on the maturity period of 599 days. Canara Bank has launched a special fixed deposit plan for a tenure of 666 days. According to this plan, the lender is offering an interest rate of 7% to its general customers, while senior citizens will receive 7.5% on these deposits. After consecutive repo rate hikes by the Reserve Bank of India (RBI), banks have been hiking the