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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

 

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