Union Bank Of India Tax saving Scheme

The Union Bank Of India Tax saving tenure ranges from min 5 Year 1 Months 7 Days to max 10 Year 2 Days . The ROI ranges from 6.50% to 6.50 % for the general public. The lock-in period for this scheme is 5 Year

Union Bank Of India Tax saving Scheme for amount ranging from ₹ 5,000 to ₹ 1.5 L

The rate of interest for deposited amount ranging from ₹ 5,000 to ₹ 1.5 L is as below

Tenure

Interest Rate for General Public (p.a.)

Interest Rates for Senior Citizens (p.a.)

5 Year 1 Months 7 Days Upto 10 Year 2 Days

6.50% p.a.

7.00% p.a.

Key features of Union Bank Of India Tax saving Scheme

Summary of Union Bank Of India Tax saving Scheme features :

Mutual Fund Schemes

Tax saving

CRISIL Rating

AA+CRISIL Rating

Lock-in Days

5 Year

Loan Against FD

NA

Pre-mature Withdrawal

--

FD Nominee

--

Tenure

5 Year 1 Months 7 Days to 10 Year 2 Days

General Public

6.50% to 6.50 %

Senior Citizen

7.00% to 7.00 %

Amount

Rs.5,000 to Rs.1,50000

*Interest rates are subject to change at the discretion of the bank. These Interest rates are with effect from 10 November 2021.

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