Customers who have savings bank deposits with Union Bank of India should be aware that the bank has revised its interest rates. Union Bank of India Savings Account Interest RatesCustomers would receive a 2.75 per cent interest rate on account balances up to Rs.50 lakhs, according to Union Bank of India's saving bank deposit rates, effective June 1, 2022. The interest rate on savings account balances of more than Rs.100 crores to Rs.500 crores will be 3.10 per cent. Union Bank of India will now give a 3.40 per cent interest rate on savings bank deposits of more than Rs.500 crores to Rs.1000 crores, and a maximum interest rate of 3.55 per cent on savings bank deposits of more than Rs.1000 crores. View Full Image Union Bank of India MCLR (unionbankofindia.co.in)

Source: Mint June 01, 2022 18:55 UTC