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.