Union Bank of India changes interest rates on FCNR (B) Term Deposits
by Shrutee K/DNS
Mumbai-August 1, 2017: Union Bank of India has revised the interest rates
applicable to FCNR (B) Deposits w.e.f. 1st August, 2017.
The
revised rates w.e.f. 1st August 2017 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 |
2.43
|
2.45
|
1.46
|
1.40
|
0.78
|
0.76
|
1.05
|
1.04
|
2.28
|
2.62
|
2.82
|
2.81
|
2 YRS<3YRS |
2.69
|
2.70
|
1.79
|
1.70
|
0.97
|
0.95
|
1.16
|
1.16
|
2.50
|
2.75
|
3.06
|
3.02
|
3YRS <4YRS |
2.81
|
2.80
|
1.89
|
1.79
|
1.09
|
1.08
|
1.17
|
1.17
|
2.63
|
2.88
|
3.22
|
3.16
|
4YRS <5YRS |
2.81
|
2.81
|
1.89
|
1.80
|
1.13
|
1.13
|
1.09
|
1.09
|
2.63
|
2.89
|
3.38
|
3.32
|
5 YRS ONLY |
2.91
|
2.91
|
1.98
|
1.89
|
1.27
|
1.28
|
1.11
|
1.12
|
2.72
|
2.98
|
3.51
|
3.44
|
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