City Union Bank is one of the oldest private sector banks. After this increase in FD rates, the bank is paying 5% to 6.90% interest on FDs of 7 days to 10 years to its general customers.
Private sector lender City Union Bank, which has completed 118 years of its establishment, has increased its Fixed Deposit (FD) rate. City Union Bank is one of the oldest private sector banks. After this increase in FD rates, the bank is paying 5% to 6.90% interest on FDs of 7 days to 10 years to its general customers.
Maximum 8% interest is available here
At the same time, the bank is giving 5% to 7.25% interest to its senior citizen customers on the same time period. On the other hand, the bank is paying a maximum interest of 7.75% to its general customers and 8% to its senior citizen customers on FDs of 444 days. According to the information received from the official website of the bank, the increased new interest rates are applicable from January 18.
Increased FD rates of City Union Bank
After this increase in the interest rate, the bank will pay 5% on FDs of 7 days to 14 days, 5.50% on FDs of 15 days to 45 days, 5.75% on FDs of 46 days to 90 days and 6% on FDs of 91 days to 180 days. Paying percent interest. At the same time, the bank is paying 6.25% on FDs of 181 days to 270 days, 6.50% on FDs of 271 days to 364 days, 6.75% on FDs of 365 days to 443 days and a maximum of 7.75% on FDs of 444 days.
7% interest received on tax saver FD
While the bank is paying 6.95% on FDs of 445 days to 699 days, 7.10% on FDs of 700 days, 7.25% on FDs of 701 days to 3 years and 6.90% on FDs of 3 years to 10 years. Apart from this, City Union Bank is giving 7% interest on 5 years tax saver deposit. Let us tell you that City Union Bank has a total of 727 branches in 16 states and 3 union territories of the country.
