Union Bank Of India Interest Rates On Saving Account

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Union Bank Of India Interest Rates On Saving Account 9,6/10 9124 reviews
Union Bank Of India Interest Rates On Saving Account
You are here : Products Personal Savings Flexi Deposit Scheme (SBNFD)

In Union Bank Of India Fixed Deposit account, a fixed sum of money is deposited for fixed tenure usually for a period from 7 days to 10 years. A higher interest rate is offered on fixed deposits which vary from bank to bank according to the amount deposited and duration of investment. Personal Savings and CDs. Business Banking Services. Investing and retirement. You’re leaving Union Bank. By clicking on the link below, you will leave the Union Bank website and enter a privately owned website created, operated, and maintained by another unaffiliated business.

Union bank saving rate

Savings Flexi Deposit Scheme (SBNFD)


Union Bank Of India Interest Rates On Saving Account

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.

  • Apply Online
  • Savings Account

Best Savings Account Interest Rates

Features:

Bank Rates On Savings Accounts

Any Resident Individual - Single Accounts, Two or more individuals in Joint Accounts, Illiterate Persons, Visually Impaired persons, Purdanasheen Ladies, Minors, Associations, Clubs, Societies, etc.

Union Bank Of India Interest Rates On Saving Account Calculator

  • Minimum balance requirement with or without cheque book facility:

    Centres

    Without Cheque Book (`)

    With Cheque Book (`)

    Metro

    500

    1000

    Urban

    500

    1000

    Semi Urban

    250

    500

    Rural

    100

    250

  • Interest is calculated on daily product basis and will be credited on quarterly basis in the months of April, July, October and January every year.
  • Rate of interest upto 25Lacs and more than 25 lacs-3%p.a