*AER = Annual Equivalent Rate
For fixed deposit schemes for all tenures, interest is calculated as Simple Interest. Above advertised rates will be effective from 18th February 2021 and these rates can be changed at any time or withdrawn without notice.
We are pleased to announce 'Union Bank of India - Renewal Bonus'. Existing Term Deposit customer who renews the Deposit will receive a loyalty bonus of 0.05% above the current Interest Rate.
Bank has revised its interest rate offered on Saving Accounts (Easy Access Accounts) in GBP & USD currency from 0.50% P.A. to 0.30% P.A. w.e.f. 18th March 2021. Please click the below link for details:
COMMUNICATION ON CHANGE IN INTEREST RATE ON SAVINGS ACCOUNT
Interest is variable and we may withdraw the availability of Savings Deposits of GBP and USD at any time without notice.