Union Bank of India has revised the interest rates on Term Deposits
BANKING / FINANCE
Union
Bank of India changes
Union
Bank of India changes
interest rates on FCNR
(B) Term Deposits
Union Bank of
India has revised the interest rates applicable to FCNR (B) Deposits w.e.f. 1st
September 2015.
The revised rates
w.e.f. 1st September 2015 for various periods of maturity is as under:
FCNR (B)
Deposits:
PERIOD
|
USD
|
GBP
|
EUR
|
JPY
|
CAD
|
AUD
|
||||||
Existing
|
Revised
|
Existing
|
Revised
|
Existing
|
Revised
|
Existing
|
Revised
|
Existing
|
Revised
|
Existing
|
Revised
|
|
1 YR<2 YRS
|
1.59
|
1.55
|
1.76
|
1.71
|
1.06
|
1.05
|
1.15
|
1.14
|
1.85
|
1.77
|
3.08
|
2.97
|
2 YRS<3YRS
|
1.97
|
1.87
|
2.16
|
2.06
|
1.10
|
1.10
|
1.15
|
1.14
|
1.79
|
1.71
|
3.10
|
2.97
|
3YRS <4YRS
|
2.31
|
2.18
|
2.43
|
2.27
|
1.20
|
1.20
|
1.16
|
1.16
|
1.93
|
1.83
|
3.20
|
3.06
|
4YRS <5YRS
|
2.56
|
2.42
|
2.62
|
2.46
|
1.29
|
1.30
|
1.20
|
1.19
|
2.09
|
1.96
|
3.45
|
3.31
|
5 YRS ONLY
|
2.77
|
2.62
|
2.74
|
2.62
|
1.42
|
1.43
|
1.25
|
1.24
|
2.25
|
2.12
|
3.60
|
3.46
|
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