What is the interest of 1 lakh in Union Bank?
Union Bank of India FDs have tenures ranging from 5 years 1 day to 10 years with maximum rate of interest of 5.60%….Union Bank of India Fixed Deposit Interest Calculator.
| Tenure | Rates | Maturity Amount for ₹ 1 Lakh |
|---|---|---|
| 181 days to 364 days | 4.40% to 4.90% | ₹ 1,02,194 – ₹ 1,04,977 |
What is the percentage of fixed deposit in Union Bank?
Union Bank FD Rates 2021. Union Bank of India is among the prominent banks of the country. The interest rates offered by Union Bank of India on Fixed Deposits (FDs) ranges between 3.00% p.a. to 5.60% p.a. The highest Union Bank FD rate is 5.60% p.a. for a tenure of more than 5 years and up to 10 years.
Which bank has high FD rates?
Best FD Rates in India among Top 10 Banks
- Axis Bank offers the highest FD interest rate of 5.75% p.a. which is for a tenure of 5 years and above for the general public.
- The second highest interest rate is 5.50% p.a. which is offered by ICICI Bank and HDFC Bank for a tenure of 5 years and above.
Which bank gives highest interest on FD for 1 year?
FD Interest Rates with a 1-year Tenure
| Top 10 1-year FDs for 2021 | ||
|---|---|---|
| Bank | Regular FD Rates (per annum) | Senior Citizen FD Rates (per annum) |
| LIC Housing Finance Limited | 5.50% | 5.75% |
| Fincare Small Finance Bank | 6.00% | 6.50% |
| Punjab and Sind Bank | 5.15% | 5.65% |
How much interest will I get for 10 lakhs?
Monthly Payout
| Investment amount | Monthly interest | Cumulative interest for 5 years |
|---|---|---|
| 1 lakh | Rs. 526 | Rs. 37,009 |
| 5 lakh | Rs.2,629 | Rs. 185,043 |
| 10 lakh | Rs.5,258 | Rs.3,70,087 |
| 15 lakh | Rs. 7,887 | Rs.5,55,130 |
Is Union Bank safe for FD?
Yes, opting for a Loan Against FD is an excellent decision. The reasons to take loan from Union Bank of India are: It offers the loan upto 90%-95% of the FD amount.
Is Post Office FD safe?
The deposited money remains safe as the government provides security. Availing the FD facility in post office banks is very easy. According to the postal department, a user can avail the FD facility with 1,2, 3 and 5 years of maturity. Government of India guarantee is given on FD in the post office.
Which bank is best for FD for 1 year?
Can I increase FD amount?
You will not be able to add or invest more money to an on-going (existing) Term / Fixed Deposit. You can, of course, continue to save by investing in a new term / Fixed Deposit with a fresh value date.
What are the FD interest rates at Union Bank?
What are the minimum and maximum Union Bank FD interest rates? Depending on the FD’s tenure, the UBI FD Interest rates start from 3.00% p.a. and go up to 5.40% p.a. Senior citizens can enjoy an additional 0.50% over and above the normal UBI FD rate. What are the minimum and maximum tenure of fixed deposits with Union Bank?
Is there a lock in period for Union bank FD?
FD Account number will be available to you on App and email. There is a fixed lock-in period of 12 months, when investing in Union Bank FD. There is a penalty of Min. 1.0% penalty% on withdrawing your deposit before maturity. Headquartered in Mumbai, Union Bank of India is one of the leading public sector banks of our country.
Is there penalty for early withdrawal from Union Bank?
Check orders placed through MUFG Union Bank are fulfilled by Deluxe Financial Services. Early Withdrawal Penalty or Compensating Penalty may apply for withdrawal before the maturity date. Withdrawals before maturity will reduce account earnings. See our Time Deposit Accounts Disclosure – Personal and Business for account details.
Are there any ATM fees with Union Bank?
No Union Bank fee for ATM access worldwide, including cash withdrawals and transfers. Union Bank® will rebate the first two surcharge fees assessed by non-Union Bank ATM owners or operators per statement period. Check orders placed through MUFG Union Bank are fulfilled by Deluxe Financial Services.