Union Bank of India
Fixed Deposit Rates
You are requested to reconfirm the rates from the respective banks before making any financial commitments.
a) For domestic deposits  Less than Rs. 1 cr (last revised on Jan 30, 2017)
Maturity Period  Deposit Amount 
INTEREST RATE (% p.a.) General Senior Citizen 

7 days to 14 days  Less than Rs. 1 cr  5.00 N.A 
Calculate 
15 days to 30 days  Less than Rs. 1 cr  5.00 N.A 
Calculate 
31 days to 45 days  Less than Rs. 1 cr  5.00 N.A 
Calculate 
46 days to 90 days  Less than Rs. 1 cr  5.50 N.A 
Calculate 
91 days to 120 days  Less than Rs. 1 cr  6.25 N.A 
Calculate 
121 days to 179 days  Less than Rs. 1 cr  6.25 N.A 
Calculate 
180 days  Less than Rs. 1 cr  7.00 N.A 
Calculate 
180 days to less than 364 days  Less than Rs. 1 cr  7.00 N.A 
Calculate 
1 years  Less than Rs. 1 cr  7.00 N.A 
Calculate 
Above 3 years to 5 years  Less than Rs. 1 cr  6.80 N.A 
Calculate 
Above 1 years to 3 years  Less than Rs. 1 cr  6.80 N.A 
Calculate 
Above 5 years to 10 years  Less than Rs. 1 cr  6.80 N.A 
Calculate 
Tax Saver Fixed Deposits (Amount capped at Rs. 1 lakh per Financial Year)
Maturity Period  Deposit Amount 
INTEREST RATE (% p.a.) General Senior Citizen 

Union Tax Saver Scheme  5 years to 10 Years  Upto Rs. 1 lakh  6.80 N.A 
Calculate 
Tax Implications:
 The amount invested in fixed deposits with a maturity period of 5 years in a Scheduled bank is eligible for tax deduction under section 80C. However, the interest earned on the deposit is taxable.
 Tax will be deducted at the source, if the interest income on a fixed deposit per annum exceeds Rs.10000
a) For NRO Fixed Deposit  Less than Rs. 1 cr (last revised on Jan 30, 2017)
Maturity Period  Deposit Amount  INTEREST RATE (% p.a.)  
7 days to 14 days  Less than Rs. 1 cr  5.00  Calculate 
15 days to 30 days  Less than Rs. 1 cr  5.00  Calculate 
31 days to 45 days  Less than Rs. 1 cr  5.00  Calculate 
46 days to 90 days  Less than Rs. 1 cr  5.50  Calculate 
91 days to 120 days  Less than Rs. 1 cr  6.25  Calculate 
121 days to 179 days  Less than Rs. 1 cr  6.25  Calculate 
180 days  Less than Rs. 1 cr  7.00  Calculate 
180 days to less than 364 days  Less than Rs. 1 cr  7.00  Calculate 
1 years  Less than Rs. 1 cr  7.00  Calculate 
Above 1 years to 3 years  Less than Rs. 1 cr  6.80  Calculate 
Above 3 years to 5 years  Less than Rs. 1 cr  6.80  Calculate 
Above 5 years to 10 years  Less than Rs. 1 cr  6.80  Calculate 
a) For NRE Fixed Deposit  Above Rs. 10 cr to 100 crs (last revised on Jan 30, 2017)
Maturity Period  Deposit Amount  INTEREST RATE (% p.a.)  
1 years  Above Rs. 10 cr to 100 crs  6.60  Calculate 
Above 1 years to 3 years  Above Rs. 10 cr to 100 crs  6.00  Calculate 
Above 3 years to 5 years  Above Rs. 10 cr to 100 crs  6.00  Calculate 
Above 5 years to 10 years  Above Rs. 10 cr to 100 crs  6.00  Calculate 
b) For NRE Fixed Deposit  Less than Rs. 1 cr (last revised on Jan 30, 2017)
c) For NRE Fixed Deposit  Rs. 1cr to Rs. 10 cr (last revised on Jan 30, 2017)