Union Bank of India’s latest FD rates
Union Bank of India is offering an interest rate of 3.5% on an FD maturing between 7 days and 14 days. For an FD of tenure between 15 days and 30 days, the bank offers an interest rate of 3.5%. For FDs maturing between 31 days and 45 days, the interest rate offered by the bank is offering an interest rate of 3.5%. FDs maturing between 46 days and 90 days will fetch you an interest rate of 4.5%.
For FDs maturing between 91 days and 120 days, the interest rate will be 4.8%. For FDs maturing between 121 days and 180 days, the bank offers an interest rate of 4.9%. FDs maturing between 181 days to less than one year will get you an interest rate of 5.75%. FDs of one year tenure will get an interest rate of 6.75% in the Union Bank. FDs maturing between one year to less than 398 days will fetch an interest rate of 6.75%. FDs maturing in 399 days will get you an interest rate of 7.25%. FDs maturing between 400 days and less than 2 years, will get an interest rate of 6.5%.
Union Bank of India senior citizen FD rates: Latest rates
According to the Union Bank of India’s website, senior citizens get an additional interest rate of 0.5% on FDs of any given tenure. The highest interest rate offered to senior citizens is 7.75% on an FD maturing in 399 days. Super senior citizens (individuals aged above 80 years) however, get an additional interest rate of 0.75% on any tenure of FDs. The highest FD interest rate offered to super senior citizens is 8% on deposits maturing in 399 days.
| Tenure | FD interest rate |
| 7-14 days | 3.50% |
| 15-30 days | 3.50% |
| 31-45 days | 3.50% |
| 46-90 days | 4.50% |
| 91-120 days | 4.80% |
| 121-180 days | 4.90% |
| 181 days to | 5.75% |
| 1 year | 6.75% |
| >1 year to 398 Days | 6.75% |
| 399 days | 7.25% |
| 400 days to 2 year | 6.50% |
| > 2 year to less than 3 Years | 6.50% |
| 3 years | 6.50% |
| > 3 Year to 5 years | 6.50% |
| >5 Years to 10 Years | 6.50% |
Source: Union Bank of India website
Karnataka Bank’s latest FD rates
Karnataka Bank offers an interest rate of 3.5% on FDs maturing between 7 days and 45 days. For FDs maturing between 45 days and 90 days, the bank offers an interest rate of 3.5%. FDs maturing between 91 days and 179 days, will fetch an interest rate of 5.25%.FDs maturing in 180 days will get an interest rate of 6%. FDs maturing between 181 days and 269 days, will fetch an interest rate of 6%. FDs maturing between 270 days and less than 1 year, will offer an interest rate of 6.5%. FDs maturing between 1 year and less than 2 years will fetch you an interest rate of 6.95%. FD maturing in 375 days will get an interest rate of 7.1%. FDs maturing in 444 days will get you an interest rate of 7.25%. FDs maturing between two years and less than 5 years, will get an interest of 6.5%.
| Tenure | FD interest rate |
| 7 days to 45 days | 3.50% |
| 46 days to 90 days | 4% |
| 91 days to 179 days | 5.25% |
| 180 days | 6% |
| 181 days to 269 days | 6% |
| 270 days to below 1 year | 6.50% |
| 1 year to 2 years | 6.95% |
| 375 days | 7.10% |
| 444 days | 7.25% |
| Above 2 year to 5 years | 6.50% |
| Above 5 year to 10 years | 5.80% |
Source: Karnataka Bank website
Karnataka Bank’s senior citizen FD: Latest rates
According to the Karnataka Bank website, senior citizens will get “0.40% extra over the general rate up to inclusive of Rs 5 crore only under Domestic FD and ACC Schemes (Not for deposit under NRE/NRO/FCNR(B) accounts) for resident Senior Citizens only for tenure of 1 to 5 years and 0.50% extra over the general rate for tenure of 5 to 10 years w.e.f. 09.11.2020.”
The highest interest rate of 7.25% is offered on a senior citizen FD maturing in 444 days.
