Savings Account Image

Simple and
Straightforward
Banking

27-03-2025
Exchange Rate
GBP/INR 108.83 less than £250 110.18 £250 to £1999 110.28 £2000 to £4999 110.33 £5000 to £9999
USD/INR 85.13 Up to $2000
27-03-2025Exchange Rate
GBP/INR 108.83 less than £250
110.18 £250 to £1999 110.28 £2000 to £4999 110.33 £5000 to £9999
USD/INR 85.13 Up to $2000
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
4.35 % 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
18 Months
Interest rate (GBP)
% p.a Gross
4.30 % 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
4.10 % p.a Gross
Interest rate (GBP)
Details
Summary Box
Interest rate (USD)
% p.a Gross
4.00 % 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 and Business accounts deposit.

(per annum abbreviated as p.a)

*AER = Annual Equivalent Rate

For fixed deposit schemes for all tenures, interest is calculated as Simple Interest. Above advertised rates is effective from 27th  Feb 2025 and these rates can be changed at any time or withdrawn without notice.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.
 

Cookies