Union Bank Of India Interest Rates On Saving Account

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  • Union Bank of India Regular Savings Account Interest Rate The rate of interest is fixed at 3.5% per annum for balance up to Rs. 25 lakh and 4% per annum for balance above and beyond Rs. Union Bank of India Regular Savings Account Minimum Balance Requirements.
  • DBS Bank Digi Account. 4% – 7%: SBI Basic Savings Bank Account. HDFC Bank Regular Savings Account. 3.50% – 4.00%: ICICI Bank Regular Savings Account. 3.50% – 4.00%: Axis Bank Basic Savings Account. 3.50% – 4.00%: Citibank Citi Banking Savings Account. Kotak Bank Nova Savings Account.
  • Minimum balance requirement with or without cheque book facility: 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.

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.

Which indian bank give more interest on saving account

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

Best Savings Account Interest Rates

Bank
On balance upto & including Rs. 25.00 lakhs3.00% p.a.
On balance above Rs. 25.00 lakhs
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