Union Bank Of India Interest Rates On Saving Account

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Union Bank Of India Interest Rates On Saving Account 5,6/10 8157 votes
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Bank of India Savings Account Interest Rates Bank of India savings account interest rate is 2.90% per annum if the balance in the account is above Rs. For balances up to Rs. 50 lakh, the rate of interest provided is 2.90% per annum w.e.f. 1st October 2020. Types of Bank of India Savings Account. For outstanding balance of Rs 500 Cr and above, Canara Bank interest rate will be 3.20%. Other PSBs, that are in the list of top Indian Public Sector banks in terms of bank interest rate on saving account includes Punjab & Sind Bank (3.1%), Indian Overseas Bank (3.05%), Union Bank (3%), Punjab National Bank or PNB (3%), Central Bank of India (2.75 to 3.00 per cent), Bank of India (2.90%.

Interest Rates - Deposit

Interest rates effective from 15/12/2020 (Percentage per Annum)
Period< Rs. 2 Cr
7 – 14 Days3.00
15 – 30 Days3.00
31 – 45 Days3.00
46 – 90 Days3.75
91 - 120 Days4.25
121 to 180 Days4.30
181 Days to <1 Year 4.50
1 Year 5.25
>1 Year to 2 Years5.30
>2 Year to 3 Years5.50
>1 Year to 3 Years-
>3 Years to 5 Years5.55
>5 Years to 10 Years 5.60
  • Interest rates are subject to change. Hence depositor will ascertain the rates as on the date of placement from the website.
  • Aggregate value of deposits placed by a depositor on the day for an identical tenor will be taken for deciding applicable interest rate.
  • For interest rates for deposits of Rs. 2 Crores and above, Please contact our nearest branch.
Interest is calculated on daily product basis and is credited on quarterly basis in the months of April, July, October and January every year.
Saving Bank deposits rates w.e.f. 31.03.2020
On balance upto & including Rs. 25.00 lakhs3.00% p.a.
On balance above Rs. 25.00 lakhs
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Union Bank Of India Interest Rates On Saving Account

Best Savings Account Interest Rates


You are here : Products Personal Savings Flexi Deposit Scheme (SBNFD)

Savings Flexi Deposit Scheme (SBNFD)


Integrated features of the Savings Deposit and Fixed Deposit, namely liquidity with higher interest returns on surplus funds.


Eligibility

Individuals, Non-Government bodies/Organisations/Bodies are eligible to open savings bank accounts.

Minimum balance in SB

Rs 50,000/-

Sweep Out amount

Minimum of Rs 10,000 and in multiples of Rs 10,000 Up to Rs 1 Crore per day.

Periodicity of Sweep out

Daily

Sweep in amount

Rs.5,000/ and in multiples of Rs 5,000/-

Period of Term Deposit

46 days to 1 year

Type of Debit card

Classic card

Debit Card charge

Issue charge –Free
Annual Maintenance charge –As per applicable charges.

Access to own Bank ATM

8 transactions (financial) per month Free.

Access to other bank ATM

3 transactions (financial + non-financial) per month at Metro or 5 transactions(financial + non-financial) per month at other centres are Free

ATM Cash Withdrawal Limit

Rs 25,000/- Per day

ATM POS Limit

Rs 50,000/- Per Day

Free Personal Accident Insurance (Death) with debit card*

Rs 2 Lakhs (by bank), Rs 1 Lakhs (additional by RuPay).

SMS banking charges

As per applicable charges

Personalized Cheque Leaves

60 leaves per year FREE.

DD

As per applicable charges.

RTGS, NEFT

Unlimited FREE

IMPS

As per applicable charges

Penalty for non-maintenance of min balance

NIL

Account closure -within 14 days or after 12 months

Nil

Account closure -Between 15 days to 12 months

As per applicable charges.


*Personal Accident insurance with debit card is subject to terms and conditions of debit card policy/usage and policy of RuPay which may change from time to time.

Savings Bank Interest Rates India

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