Union Bank of India Changes Interest Rates on FCNR (B) Term Deposits



Mumbai-August 1, 2018: Union Bank of India has revised the interest rates applicable to FCNR (B) Deposits w.e.f. 1st August, 2018. The revised rates w.e.f. 1st August 2018 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

3.34
3.43
1.60
1.68
0.53
0.52
0.79
0.79
2.87
3.02
2.82
2.79

2 YRS<3YRS

3.52
3.63
1.77
1.88
0.58
0.61
0.81
0.81
2.97
3.14
2.85
2.88

3YRS <4YRS

3.59
3.67
1.89
1.99
0.73
0.79
0.83
0.82
3.07
3.23
2.92
2.96

4YRS <5YRS

3.62
3.69
1.98
2.08
0.87
0.94
0.84
0.85
3.13
3.29
3.17
3.20

5 YRS ONLY

3.53
3.60
1.95
2.05
0.92
0.99
0.76
0.77
3.07
3.23
3.16
3.19













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