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07-10-2024
Exchange Rate
GBP/INR 107.83 less than £250 109.18 £250 to £1999 109.28 £2000 to £4999 109.33 £5000 to £9999
USD/INR 83.30 Up to $2000
07-10-2024Exchange Rate
GBP/INR 107.83 less than £250
109.18 £250 to £1999 109.28 £2000 to £4999 109.33 £5000 to £9999
USD/INR 83.30 Up to $2000
DetailedExchange rate
We would like to inform you that, as part of our ongoing efforts to enhance our services, with effect from 30th September 2024, we would be withdrawing our internet banking facility. We apologize for any inconvenience this may cause and appreciate your understanding.
If you have any questions or require further assistance, please feel free to reach out to our
customer support team at info@unionbankofindiauk.co.uk or +44 20 7332 4250.
Home>Personal Banking>Interest Rates

Interest Rates

 
Interest rate (GBP)
 
Interest rate (USD)
 
Duration
£1000 to £1000000
Details
$5000 to $1000000
Details
Duration
1 Year
Interest rate (GBP)
% p.a Gross
5.00 % p.a Gross
Interest rate (GBP)
Details
Summary Box
Interest rate (USD)
% p.a Gross
4.50 % p.a Gross
Interest rate (USD)
Details
Summary Box
Duration
18 Months
Interest rate (GBP)
% p.a Gross
4.75 % p.a Gross
Interest rate (GBP)
Details
Summary Box
Interest rate (USD)
NIL
Interest rate (USD)
Details
Summary Box
Duration
2 Years
Interest rate (GBP)
% p.a Gross
4.60 % p.a Gross
Interest rate (GBP)
Details
Summary Box
Interest rate (USD)
% p.a Gross
4.25 % p.a Gross
Interest rate (USD)
Details
Summary Box
Duration
3 Years
Interest rate (GBP)
% p.a Gross
4.00 % p.a Gross
Interest rate (GBP)
Details
Summary Box
Interest rate (USD)
% p.a Gross
3.75 % p.a Gross
Interest rate (USD)
Details
Summary Box
Duration
4 Years
Interest rate (GBP)
% p.a Gross
4.00 % p.a Gross
Interest rate (GBP)
Details
Summary Box
Interest rate (USD)
% p.a Gross
3.75 % p.a Gross
Interest rate (USD)
Details
Summary Box
Duration
5 Years
Interest rate (GBP)
% p.a Gross
4.00 % p.a Gross
Interest rate (GBP)
Details
Summary Box
Interest rate (USD)
% p.a Gross
3.75 % p.a Gross
Interest rate (USD)
Details
Summary Box

Above rates are for retail deposits.

(per annum abbreviated as p.a)

Savings
Account
Interest rate (GBP)
Details
Interest rate (USD)
Details
Savings Account
Interest rate (GBP)
1.00 % p.a Gross
Interest rate (GBP)
Details
Summary Box
Interest rate (USD)
1.00 % p.a Gross
Interest rate (USD)
Details
Summary Box
Interest rates

*AER = Annual Equivalent Rate

For fixed deposit schemes for all tenures, interest is calculated as Simple Interest. Above advertised rates is effective from 8th  Oct 2024 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 Retail Term Deposit customer who renew their Deposits will receive a loyalty bonus of 0.10% above the current Interest Rate.

Bank has revised its interest rate offered on Saving Accounts (Easy Access Accounts) in GBP & USD currency from 0.30% to 1.00% w.e.f. 25th July 2024. 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.
 

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