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New Delhi. If you are a customer of Union Bank of India, then be happy. The bank has given a big gift to its crores of customers. Yes, Union Bank has revised the interest rates on FDs of less than Rs 2 crore.
Now customers are being offered higher interest on FDs of less than Rs 2 crore . Union Bank of India has implemented new interest rates on FDs from June 1.
According to the information given on the official website of Union Bank of India, the new interest rate on 7-45 days FD has become 3.50 percent.
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- At the same time, the interest rate on FD for the period of 46-90 days will be 4.50 percent.
- Similarly, the new rate of interest on 91-120 days FD has become 4.80 percent.
- The interest rate on FD for the period of 121-180 days will be 4.90 percent.
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- According to the latest update, the interest rate for the period 400 Days- 2 year, > 2 year -998 days, >1000 days - 3 Years, 3 years, > 3 Year -5 years, >5 Years - 10 Years will be 6.50 percent.
- If customers make a 999 day FD, they will be offered interest at the rate of 6.40 percent.
- The interest rate on one year FD will be 6.75 percent.
What will be the highest interest rate
If Union Bank customers make FD for 399 days, they will be offered interest at the rate of 7.25 percent. For more information on the new interest rate on FD, you can also visit the official website of the bank.
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