There are multiple options out there for investment. Multiple government and non-government sectors offer common people to invest. fixed deposit is one of the most popular investment schemes for many years among people. Today, we will talk about a special fixed Deposit scheme run by Union Bank.
Know about Union Bank FD Scheme
The public sector Union Bank of India is offering excellent interest rates on FDs to its customers. Here we are going to tell you about a scheme of Union Bank of India, in which you can earn fixed interest of up to ₹48,841 by depositing just ₹2 lakh.
Union Bank of India is a government bank. You can open an FD account with Union Bank for a minimum tenure of 7 days and a maximum tenure of 10 years. Union Bank of India offers its customers interest rates ranging from 3.40% to 7.35% on FDs. This government bank offers the highest interest rate on FD schemes with a tenure of 3 years. Union Bank of India offers 6.60% interest to general citizens, 7.10% to senior citizens, and 7.35% to super senior citizens (above 80 years) on its 3-year FD scheme.
How to get maximum profit?
If you are a general citizen and deposit Rs 2 lakh in a 3-year FD with Union Bank, you will receive a total of Rs 2,43,399 on maturity, which includes a fixed interest of Rs 43,399. If you are a senior citizen and deposit Rs 2 lakh in a 3-year FD with Union Bank, you will receive a total of Rs 2,47,015 on maturity, which includes a fixed interest of Rs 47,015. Similarly, if you are a super senior citizen, you will receive a total of Rs 2,48,841 on maturity, which includes a fixed interest of Rs 48,841.
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