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11-12-2023
Exchange Rate
GBP/INR 102.67 less than £250 104.02 £250 to £1999 104.12 £2000 to £4999 104.17 £5000 to £9999
USD/INR 82.74 Up to $2000
11-12-2023Exchange Rate
GBP/INR 102.67 less than £250
104.02 £250 to £1999 104.12 £2000 to £4999 104.17 £5000 to £9999
USD/INR 82.74 Up to $2000
DetailedExchange rate
We wish to inform you that Bank Branch has been relocated from Senator House, 85 Queen Victoria Street, London, EC4V 4AB to a new and improved premises at 12 Arthur Street, London, EC4R 9AB - 02038358322 . Due to branch relocation to our new premises and during this transitional period , customers may face some technical issue in connecting to us through our telephone line hence in such case , we kindly request you to please email us on with your contact details so that, we can address your request. We apologies for the inconvenience caused to you.
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
5.70 % p.a Gross
Interest rate (GBP)
Details
Summary Box
Interest rate (USD)
% p.a Gross
5.25 % p.a Gross
Interest rate (USD)
Details
Summary Box
Duration
18 Months
Interest rate (GBP)
% p.a Gross
5.70 % 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
5.70 % p.a Gross
Interest rate (GBP)
Details
Summary Box
Interest rate (USD)
% p.a Gross
5.25 % p.a Gross
Interest rate (USD)
Details
Summary Box
Duration
3 Years
Interest rate (GBP)
% p.a Gross
5.10 % p.a Gross
Interest rate (GBP)
Details
Summary Box
Interest rate (USD)
% p.a Gross
4.75 % p.a Gross
Interest rate (USD)
Details
Summary Box
Duration
4 Years
Interest rate (GBP)
% p.a Gross
5.00 % p.a Gross
Interest rate (GBP)
Details
Summary Box
Interest rate (USD)
% p.a Gross
4.75 % p.a Gross
Interest rate (USD)
Details
Summary Box
Duration
5 Years
Interest rate (GBP)
% p.a Gross
5.00 % p.a Gross
Interest rate (GBP)
Details
Summary Box
Interest rate (USD)
% p.a Gross
4.75 % 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 25th November 2023 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. 14th July 2023. 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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