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17-03-2022
Exchange Rate
GBP/INR 97.60 less than £250 98.90 £250 to £1999 99.00 £2000 to £4999 99.05 £5000 to £9999
USD/INR 75.62 Up to $2000
17-03-2022Exchange Rate
GBP/INR 97.60 less than £250
98.90 £250 to £1999 99.00 £2000 to £4999 99.05 £5000 to £9999
USD/INR 75.62 Up to $2000
Home>Personal Banking>Interest Rates V2

Interest Rates

For fixed deposit schemes for all tenures, interest is calculated as Simple Interest. Above advertised rates will be effective from 22nd January 2022 and these rates can be changed at any time or withdrawn without notice.
 

3 Months Fixed Deposit

1.00 % p.a Gross

£1000 - £1000000

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1.00 % p.a Gross

$5000 & above

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6 Months Fixed Deposit

1.00 % p.a Gross

£1000 - £1000000

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1.00 % p.a Gross

$5000 & above

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9 Months Fixed Deposit

1.00 % p.a Gross

£1000 - £1000000

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1.00 % p.a Gross

$5000 & above

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1 Year Fixed Deposit

4.45 % p.a Gross

£1000 - £1000000

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4.00 % p.a Gross

$5000 & above

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18 Months Fixed Deposit

4.10 % p.a Gross

£1000 - £1000000

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4.00 % p.a Gross

$5000 & above

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2 Years Fixed Deposit

4.00 % p.a Gross

£1000 - £1000000

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4.00 % p.a Gross

$5000 & above

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3 Years Fixed Deposit

3.00 % p.a Gross

£1000 - £1000000

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4.00 % p.a Gross

$5000 & above

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4 Years Fixed Deposit

4.00 % p.a Gross

£1000 - £1000000

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4.00 % p.a Gross

$5000 & above

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5 Years Fixed Deposit

4.00 % p.a Gross

£1000 - £1000000

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4.00 % p.a Gross

$5000 & above

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Above rates are for retail and Business accounts deposit.

(per annum abbreviated as p.a)

For Fixed Deposit above 1 million in GBP and USD currencies, please contact us on info@unionbankofindiauk.co.uk / 02073324250

We are pleased to announce 'Union Bank of India - Renewal Bonus'. Existing Retail Term Deposit customer who renew their Deposits will receive a loyalty bonus of 0.10% above the current Interest Rate.

Bank has revised its interest rate offered on Saving Accounts (Easy Access Accounts) in GBP & USD currency from 0.50% P.A. to 0.30% P.A. w.e.f. 18th March 2021. Please click the below link for details:

COMMUNICATION ON CHANGE IN INTEREST RATE ON SAVINGS ACCOUNT

Interest is variable and we may withdraw the availability of Savings Deposits of GBP and USD at any time without notice.
 

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