Union Bank of India FD Rates 2025

Updated on August 28, 2025 , 38597 views

Union Bank of India fixed deposit is a great way to save money for a period of time, if you are looking at getting your invested money safely along with good returns on your investment, then fixed deposit is the way to go.

Checking the Union Bank of India fixed deposit interest rate and making the decisions is now very easy.

Union Bank of India Fixed Deposit Interest Rates (Deposits <INR 2 Cr)

Here's the list of Union Bank FD Rates, applicable for deposits of

Tenure	Interest Rates (p.a.)
7-14 Days	3.00
15 -30 Days	3.00
31-45 Days	3.00
46 -90 Days	4.05
91-120 Days	4.30
121-180 Days	4.40
181 Days to <1 Year	5.25
1 Year	6.30
>1 Year to 398 Days	6.30*
399 Days	7.00
400 Days to 2 years	6.30*
>2 years to less than 3 years	6.30*
>3 years	6.50
> 3 years to 5 years	6.70
5 years to 10 years	6.70

*Interest rates are subject to change. Therefore the depositor website will ensure the rates up to the date of deposit

Documents Required to Open FD Account in Union Bank of India

aadhaar card
PAN Card
Form 60 (Mandatory Document)
Other Identity Proof
Address Proof
Photograph

Any other document that proves the identity and address of the applicant

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Investors Looking for Alternative to Banks Savings Account in Mutual Funds

Investors who are thinking of parking their money for the short term, you can also consider liquid Mutual Funds. Liquid Funds are an ideal alternative to FDs as they invest in low-risk debt and money market securities.

Here are some features of liquid funds you should know:

These funds come with no lock-in period
The money is invested in money Market instruments like a certificate of deposits, commercial papers, treasury bills, and term deposits
You can exit from the scheme anytime you want. Also, the funds have no entry load and exit loads
The Underlying assets have low maturity period and provide you low-interest rates
Most times, you may also get returns higher than bank Savings Account

Best Liquid Funds to Invest 2025

Fund	NAV	Net Assets (Cr)	1 MO (%)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2024 (%)
Indiabulls Liquid Fund Growth	₹2,548.77 ↑ 0.39	₹393	0.5	1.5	3.3	7	6.9	5.5	7.4
PGIM India Insta Cash Fund Growth	₹343.079 ↑ 0.06	₹513	0.5	1.5	3.3	7	7	5.6	7.3
JM Liquid Fund Growth	₹71.898 ↑ 0.01	₹3,225	0.5	1.5	3.2	6.8	6.9	5.6	7.2
Axis Liquid Fund Growth	₹2,934.48 ↑ 0.45	₹36,757	0.5	1.5	3.3	7	7	5.6	7.4
Invesco India Liquid Fund Growth	₹3,622.32 ↑ 0.57	₹14,240	0.5	1.5	3.3	7	7	5.6	7.4
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 29 Aug 25

Research Highlights & Commentary of 5 Funds showcased

Commentary	Indiabulls Liquid Fund	PGIM India Insta Cash Fund	JM Liquid Fund	Axis Liquid Fund	Invesco India Liquid Fund
Point 1	Bottom quartile AUM (₹393 Cr).	Bottom quartile AUM (₹513 Cr).	Lower mid AUM (₹3,225 Cr).	Highest AUM (₹36,757 Cr).	Upper mid AUM (₹14,240 Cr).
Point 2	Established history (13+ yrs).	Established history (17+ yrs).	Oldest track record among peers (27 yrs).	Established history (15+ yrs).	Established history (18+ yrs).
Point 3	Top rated.	Rating: 5★ (upper mid).	Rating: 5★ (lower mid).	Rating: 4★ (bottom quartile).	Rating: 4★ (bottom quartile).
Point 4	Risk profile: Low.	Risk profile: Low.	Risk profile: Low.	Risk profile: Low.	Risk profile: Low.
Point 5	1Y return: 6.98% (upper mid).	1Y return: 6.96% (lower mid).	1Y return: 6.84% (bottom quartile).	1Y return: 6.99% (top quartile).	1Y return: 6.95% (bottom quartile).
Point 6	1M return: 0.47% (top quartile).	1M return: 0.47% (bottom quartile).	1M return: 0.46% (bottom quartile).	1M return: 0.47% (upper mid).	1M return: 0.47% (lower mid).
Point 7	Sharpe: 3.05 (bottom quartile).	Sharpe: 3.30 (lower mid).	Sharpe: 2.80 (bottom quartile).	Sharpe: 3.64 (top quartile).	Sharpe: 3.63 (upper mid).
Point 8	Information ratio: -1.37 (bottom quartile).	Information ratio: -0.82 (lower mid).	Information ratio: -2.27 (bottom quartile).	Information ratio: 0.00 (top quartile).	Information ratio: 0.00 (upper mid).
Point 9	Yield to maturity (debt): 5.77% (bottom quartile).	Yield to maturity (debt): 5.81% (upper mid).	Yield to maturity (debt): 5.77% (bottom quartile).	Yield to maturity (debt): 5.85% (top quartile).	Yield to maturity (debt): 5.78% (lower mid).
Point 10	Modified duration: 0.11 yrs (lower mid).	Modified duration: 0.13 yrs (bottom quartile).	Modified duration: 0.10 yrs (top quartile).	Modified duration: 0.12 yrs (bottom quartile).	Modified duration: 0.11 yrs (upper mid).

Indiabulls Liquid Fund

Bottom quartile AUM (₹393 Cr).
Established history (13+ yrs).
Top rated.
Risk profile: Low.
1Y return: 6.98% (upper mid).
1M return: 0.47% (top quartile).
Sharpe: 3.05 (bottom quartile).
Information ratio: -1.37 (bottom quartile).
Yield to maturity (debt): 5.77% (bottom quartile).
Modified duration: 0.11 yrs (lower mid).

PGIM India Insta Cash Fund

Bottom quartile AUM (₹513 Cr).
Established history (17+ yrs).
Rating: 5★ (upper mid).
Risk profile: Low.
1Y return: 6.96% (lower mid).
1M return: 0.47% (bottom quartile).
Sharpe: 3.30 (lower mid).
Information ratio: -0.82 (lower mid).
Yield to maturity (debt): 5.81% (upper mid).
Modified duration: 0.13 yrs (bottom quartile).

JM Liquid Fund

Lower mid AUM (₹3,225 Cr).
Oldest track record among peers (27 yrs).
Rating: 5★ (lower mid).
Risk profile: Low.
1Y return: 6.84% (bottom quartile).
1M return: 0.46% (bottom quartile).
Sharpe: 2.80 (bottom quartile).
Information ratio: -2.27 (bottom quartile).
Yield to maturity (debt): 5.77% (bottom quartile).
Modified duration: 0.10 yrs (top quartile).

Axis Liquid Fund

Highest AUM (₹36,757 Cr).
Established history (15+ yrs).
Rating: 4★ (bottom quartile).
Risk profile: Low.
1Y return: 6.99% (top quartile).
1M return: 0.47% (upper mid).
Sharpe: 3.64 (top quartile).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 5.85% (top quartile).
Modified duration: 0.12 yrs (bottom quartile).

Invesco India Liquid Fund

Upper mid AUM (₹14,240 Cr).
Established history (18+ yrs).
Rating: 4★ (bottom quartile).
Risk profile: Low.
1Y return: 6.95% (bottom quartile).
1M return: 0.47% (lower mid).
Sharpe: 3.63 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 5.78% (lower mid).
Modified duration: 0.11 yrs (upper mid).

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.