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29-06-2022
Exchange Rate
GBP/INR 94.25 less than £250 95.60 £250 to £1999 95.70 £2000 to £5000 95.75 £5001 to £10000
USD/INR 78.32 Up to $2000
29-06-2022Exchange Rate
GBP/INR 94.25 less than £250
95.60 £250 to £1999 95.70 £2000 to £5000 95.75 £5001 to £10000
USD/INR 78.32 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
2.00 % p.a Gross
Interest rate (GBP)
Details
Summary Box
Interest rate (USD)
% p.a Gross
1.25 % p.a Gross
Interest rate (USD)
Details
Summary Box
Duration
18 Months
Interest rate (GBP)
% p.a Gross
2.10 % 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
2.45 % p.a Gross
Interest rate (GBP)
Details
Summary Box
Interest rate (USD)
% p.a Gross
1.25 % p.a Gross
Interest rate (USD)
Details
Summary Box
Duration
3 Years
Interest rate (GBP)
% p.a Gross
2.50 % p.a Gross
Interest rate (GBP)
Details
Summary Box
Interest rate (USD)
% p.a Gross
1.25 % p.a Gross
Interest rate (USD)
Details
Summary Box
Duration
4 Years
Interest rate (GBP)
% p.a Gross
2.60 % p.a Gross
Interest rate (GBP)
Details
Summary Box
Interest rate (USD)
% p.a Gross
1.25 % p.a Gross
Interest rate (USD)
Details
Summary Box
Duration
5 Years
Interest rate (GBP)
% p.a Gross
2.75 % p.a Gross
Interest rate (GBP)
Details
Summary Box
Interest rate (USD)
% p.a Gross
1.25 % 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)
0.30 % p.a Gross
Interest rate (GBP)
Details
Summary Box
Interest rate (USD)
0.30 % p.a Gross
Interest rate (USD)
Details
Summary Box

*AER = Annual Equivalent Rate

For fixed deposit schemes for all tenures, interest is calculated as Simple Interest. Above advertised rates is effective from 22nd June 2022 and these rates can be changed at any time or withdrawn without notice.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 0.50% 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.
 

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