Here at UBI UK we take your privacy seriously and will only use your personal information to administer your account and to provide the products and services you have requested from us.
You can open online fixed term deposit account (Union Premier Bond) with us by applying through the online portal available in our website homepage.
Please follow the link for Union Premier Bond (UPB):
Welcome to Union Bank of India - Union Premier Bond (unionbankofindiauk.co.uk)
You can open Fixed Term Deposit account if you are aged 18 years or above the account can be opened in single name or in joint with any other eligible individual aged 18 years and above.
Renewal Loyalty Bonus Scheme
Existing Term Deposit customer who renews the deposit would receive a loyalty bonus interest rate of 0.10% (gross P.A) above the applicable Interest Rate. The scheme will not be applicable for the additional amount added to the existing account or to a new account opened for the additional amount.
Interest Pay out Schemes
Interest is paid depending upon tenor of the deposit as given below.
* The interest we pay you on the fixed term deposit, on or after 6 April 2016 will be without any tax deducted at our source. It will be your responsibility to declare the interest to HM Revenue and Customs (HMRC). Further information can be found on HMRC website at www.hmrc.gov.uk.
For interest rates offered on various maturities please refer the latest rates available on the website under the interest rate segment.
You may open Fixed term Deposit account with us either by visiting our branch in person or by sending duly filled and signed application forms with supporting documents to us You can download application form using below link.
Application Forms: Union Bank of India (UK) LTD > Forms (unionbankofindiauk.co.uk)
For any assistance for opening of account, please contact us on +44 (0) 20 7332 4250 or email us on email@example.com.
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