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Union Bank of India revises interest rates on Domestic Deposits
New Delhi December 12, 2006
Union Bank of India has revised the interest rates
applicable to Domestic Deposits w.e.f. December 11, 2006.
The revised rates w.e.f. December 11, 2006 for various
periods of maturity are as under:
|
Maturities |
Amount of deposit |
|
Less
than Rs.15 lacs |
Rs.15
lacs and above |
|
Existing |
Revised |
Existing |
Revised |
|
7-14
days |
3.50* |
3.75* |
3.50 |
4.00 |
|
15-45
days |
4.25 |
4.75 |
4.25 |
5.00 |
|
46-90
days |
5.25 |
5.25 |
5.25 |
5.50 |
|
91 –
179 days |
5.50 |
5.75 |
5.75 |
6.00 |
|
180
days < 1 year |
6.25 |
6.50 |
6.50 |
6.75 |
|
1
year < 2 years |
6.75 |
7.50 |
7.00 |
7.75 |
|
2
years < 3 years |
7.00 |
7.50 |
7.25 |
7.75 |
|
3
years < 5 year |
7.25 |
7.50 |
7.25 |
7.75 |
|
5
years to 10 Years |
7.25 |
8.00 |
7.25 |
8.00 |
* Subject to minimum deposit of Rs.5.00 lacs
Senior Citizens will continue to benefit from the
additional interest of 0.50% over the card rate on domestic
deposits of 1 year and above.
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newseditor@sarkaritel.com
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