Time Deposit Account (CD) Rates 7 - 31 Day CD, $2,500 minimum deposit to open 32 - 89 Day CD, $350 minimum deposit to open 90 - 179 Day CD, $350 minimum deposit to open. Short Deposit Receipt. The minimum tenure of this deposit is 7 days. These deposits can be held for.
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Time Deposit Account (CD) Rates 7 - 31 Day CD, $2,500 minimum deposit to open 32 - 89 Day CD, $350 minimum deposit to open 90 - 179 Day CD, $350 minimum deposit to open.
Fixed Deposit Receipt (FDR)
City Union Bank Fixed Deposit Rates
Any Resident Individual - Single Accounts, Two or more individuals in Joint Accounts, Illiterate Persons, Blind persons, Purdanasheen Ladies, Minors, Associations, Clubs, Societies, etc. Trusts, Institutions/Agencies specifically permitted by the RBI eligible to open a 'Fixed Deposit Receipt' Account' in single/joint names.
Minimum Deposit Amount
Rate of Interest
The rate of interest is payable on fixed deposit receipt as per interest table available on the Bank’s website.
Interest payment Frequency
Interest will be paid on quarterly or half yearly basis as per the instruction of the customer. In case date of interest payment falls on a holiday the same will be paid on the next working day.
TDS will be deducted as per guidelines.
Available as per guidelines
Deposit will be auto renewed for the same period at the applicable rate of interest on maturity in the absence of specific instruction.
Allowed. Interest will be paid for the run period at applicable rate and penalty if any.
Penalty on Premature Closure
In case of Pre-closure of retail term deposits (less than Rs.2.00 crores), which have run for 7 days or above, interest to be paid at 1.00% less than the applicable rate (as on the date of opening of deposit) for the period for which it has actually remained with the Bank or contracted rate, whichever is lower.
UNION BANK OF INDIA RESERVES THE RIGHT TO CHANGE / ALTER / WITHDRAW TERMS AND CONDITIONS OF THE SCHEME.
Union Bank Fixed Deposit Rates
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- Fixed Deposits