Union Bank Of India Interest Rates On Saving Account

Posted By admin On 16/07/22

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The rate of interest offered by the Union Bank of India Senior Citizen Saving Scheme is 7.4%. Can I extend my Senior Citizen Saving Scheme account after maturity? Yes, you can extend your Senior Citizen Saving Scheme account by 3 years after maturity. What is the minimum amount of deposit? For outstanding balance of Rs 500 Cr and above, Canara Bank interest rate will be 3.20%. Other PSBs, that are in the list of top Indian Public Sector banks in terms of bank interest rate on saving account includes Punjab & Sind Bank (3.1%), Indian Overseas Bank (3.05%), Union Bank (3%), Punjab National Bank or PNB (3%), Central Bank of India (2.75 to 3.00 per cent), Bank of India (2.90%. All resident Indian individuals and clubs, associations, societies, etc. Are eligible to open a savings account with Union Bank of India. The bank offers good interest rates and a plethora of other benefits like net banking facilities. It also offers a zero balance facility to students opening such. Short Deposit Receipt. The minimum tenure of this deposit is 7 days. These deposits can be held for.

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BestUnion Bank Of India Interest Rates On Saving Account

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Which Bank Gives Maximum Interest On Saving Account In India

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Union bank of india interest rates on saving account calculator

Union Bank Savings Interest Rates

Rates
You are here : Products International NRO Savings Bank Account

NRO SAVINGS ACCOUNT

Saving

Account Type

NRO Savings Bank Account(NRO SB)

Type of Accounts

Savings Deposit

Opening of Accounts/Sources of Funding The Accounts

  1. On receipt of duly completed account opening form(AOF) along with the documents specified there in.
  2. Re-designating existing resident SB account.
  3. Fresh remittances by way of TT/MT/DD/IMO/FCTC/FC
  4. Transfer from existing NRO/NRE/FCNR(B)
  5. Out of legitimate dues of the NRIs in India.
  6. Operation allowed through PA Holder for domestic payments.

Caution::
7.Accept of FCTC/FC subject to CDF(Beyond Limit)
8.Third Party FCTC will not be accepted.

ROI

Rate of interest applicable to these accounts and guidelines
for opening, operating and maintenance of such accounts
shall be in accordance with directives/instructions issued by Reserved Bank from time to time.

Who Can Open

Any Person resident outside India(as per regulation 2 of FEMA),may open NRO account with an authorized dealer or an authorized bank for the purpose of putting through bonafide transactions dominated in Rupees, not involving any violation of the provision of the FEMA rules, regulations made there under. Opening of accounts by individual/entities of Bangladesh/Pakistan nationality/ownership requires prior approval from RBI.

Tax on Interest Income

Tax will be deducted as per guidelines

Loan Facility

Available

ATM Cash Withdrawal Limit

Rs. 25,000/- per day

ATM POS Limit

Rs.50,000/- per day

Personalized cheque Leaves

40 leaves per year FREE

Savings Bank Interest Rates India

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