The additional rate on super senior term deposits would be applicable for the term deposits opened/renewed on or after ,' mentioned Union Bank of India on its website.įor the quarter ended March 31, 2023, Union Bank of India reported a 61.18 percent increase in net profit to ₹1,440 crore.
The additional rate component applicable to resident super senior citizens is 0.75% over and above the normal rate displayed above (0.25% over and above rate applicable to resident senior citizen). The additional rate component, applicable to resident senior citizen deposits is 0.50% over and above the normal rates displayed above. 5.00 Crores in all of its domestic term deposits scheme. “Union Bank of India offers an additional rate component to resident senior and super senior citizens on term deposits up to Rs.
