Home / BANKING/FINANCE / Union Bank of India changes interest rates on FCNR (B) Term Deposits

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

by Suman Gupta

July 1, 2017-Mumbai :Union Bank of India has revised the interest rates applicable to FCNR (B) Deposits w.e.f. 1st July 2017.

The revised rates w.e.f. 1st July 2017 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

2.36 2.43 1.35 1.46 0.77 0.78 1.05 1.05 2.15 2.28 2.72 2.82

2 YRS<3YRS

2.60 2.69 1.62 1.79 0.94 0.97 1.16 1.16 2.18 2.50 2.87 3.06

3YRS <4YRS

2.75 2.81 1.68 1.89 1.03 1.09 1.16 1.17 2.28 2.63 2.96 3.22

4YRS <5YRS

2.77 2.81 1.66 1.89 1.04 1.13 1.08 1.09 2.27 2.63 3.11 3.38

5 YRS ONLY

2.84 2.91 1.74 1.98 1.16 1.27 1.10 1.11 2.35 2.72 3.22 3.51

 

About mumbainewsexpress

Check Also

Liberty General Insurance launches ‘Liberty Health 360’ – a dedicated in-house health claims hub

ü  Faster turnaround time for claim settlement ü  Customers to have direct communication with the company by …

Leave a Reply

Your email address will not be published. Required fields are marked *