Union Bank Of India Interest Rates On Saving Account

• Savings Flexi Deposit Scheme (SBNFD) Integrated features of the Savings Deposit and Fixed Deposit, namely liquidity with higher interest returns on surplus funds. Individuals, Non-Government bodies/Organisations/Bodies are eligible to open savings bank accounts. Minimum balance in SB. Sweep Out amount.
• Union Bank of India Regular Savings Account Interest Rate The rate of interest is fixed at 3.5% per annum for balance up to Rs. 25 lakh and 4% per annum for balance above and beyond Rs. Union Bank of India Regular Savings Account Minimum Balance Requirements.

Bank Rates On Savings Accounts

Union Bank Of India Fixed Deposit Interest Rate Calculator calculates the interest earned on a fixed deposit with the help of outlined components:

Savings bank deposits of up to Rs.50 lakhs receive an interest rate of 3.50% p.a and deposits of more than Rs.50 lakhs are given an interest rate of 4%. Is Netbanking services charged? Using of Netbanking facilities is free of charge. Interest Rates - Deposit Interest Rates - Loans and Advances Interest Rates for NRIs Fees and Services Nomination Facilities Information regarding COVID - 19 Others.

(1) Deposit Amount

Which Bank Gives Maximum Interest On Saving Account In India

It is an amount which an FD account holder wants to invest in the fixed deposit. It is also called principal. It is to be remembered that this amount can be deposited only once hence you have to decide the amount to be invested according to your investment objectives.

(2) Interest Rate

It is the rate of interest offered by the bank where you open the FD. It differs for different tenures. Once FD is opened for a specific tenure then the interest rate will remain the same for the whole tenure.

(3) Term of Deposit (FD Tenure)

It is the duration for which the amount is invested in an FD which may vary from 7 days to 10 years. In the calculator, you can select the tenure in days, months or year.

(4) Compounding of Interest

Union Bank Of India Interest Rates On Saving Account

Union Bank Of India Nre Saving Account Interest Rates

Interest can be compounded on monthly, quarterly, half yearly or annual basis. It can be a simple interest as well. You need to enter it based on the offer by the bank.