Union Bank of India is one of India's largest state-owned banks (the government owns 55.43% of its share capital), is listed on the Forbes 2000. It has assets of USD 13.45 billion and all the bank's branches have been networked with its ATMs. Its online Telebanking facility are available to all its Core Banking Customers - individual as well as corporate.
Fixed Deposit Calculator:
Fixed Deposits are a great way to invest for those who rate safety higher than returns.
This Fixed Deposit (FD) Calculator helps you find out how much interest you can earn on an FD and the value of your invesment (Principal) on Maturity when compounding of interest is done on a monthly, quarterly, half-yearly or yearly basis.
You Invested Rs.
Maturity Value Rs. Interest earned Rs.
Note: In India, banks use quarterly compounding to calculate interest in rupees.