Union Bank of India FD Rates 2024

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

*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

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 2024