Union Bank of India UBI 456 Days Special FD plan || UBI Interest Rates On Fixed Deposit 2024-25

FD Calculator Link : https://gdtechy.blogspot.com/2024/08/...

The Union Bank of India offers a special fixed deposit scheme with a tenure of 456 days. This scheme offers interest rates based on the depositor's category:

7.40% for regular customers
7.90% for senior citizens
8.15% for super senior citizens (80+ years)
Key features of the Sumvridhi plan:

Minimum deposit: ₹1,000
Maximum deposit: ₹3 crore
Interest calculation: Compounded quarterly and paid upon maturity
Loan facility: Available against the deposit
Premature closure: Allowed with a penalty, where interest is reduced by 1%
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