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 |
