Union Bank of India changes interest rates on FCNR (B) Term Deposits

by Najuka G


Mumbai, June 01,2018 :Union Bank of India has revised the interest rates applicable to FCNR (B) Deposits w.e.f. 1st June, 2018.

The revised rates w.e.f. 1st June 2018 for various periods of maturity is as under:

FCNR (B) Deposits:

PERIOD
USD

GBP

EUR

JPY

CAD

AUD

Existing
Revised
Existing
Revised
Existing
Revised
Existing
Revised
Existing
Revised
Existing
Revised

1 YR<2 YRS

3.34
3.26
1.68
1.50
0.55
0.53
0.85
0.80
2.93
2.89
2.86
2.76

2 YRS<3YRS

3.48
3.45
1.84
1.70
0.62
0.62
0.82
0.82
3.02
3.05
2.91
2.87

3YRS <4YRS

3.73
3.52
2.12
1.82
0.95
0.78
0.99
0.83
3.31
3.17
3.19
2.97

4YRS <5YRS

3.78
3.54
2.22
1.92
1.14
0.92
1.00
0.84
3.40
3.24
3.46
3.22

5 YRS ONLY

3.81
3.46
2.29
1.90
1.31
0.97
1.02
0.76
3.45
3.19
3.56
3.22




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