This article offers a brief summary of the key aspects of the Union Bank Of India’s Deposit Re-Investment Certificate schemes. Since these details are subject to frequent updates, please refer to the bank’s official website for the most current information on features and interest rates.
Union Bank Of India – Deposit Re-Investment Certificate Features:
- Minimum Period: 6 Months
- Maximum Period: 120 Months
- Minimum Deposit Amount: Rs.1000/-
- Maximum Deposit: No Limit TDS: Deductions will adhere to established guidelines.
- Automatic Renewal: Deposits will be automatically renewed for the same duration at the prevailing interest rate upon maturity in the absence of specific instructions.
- Interest Payment: Interest will be paid for the running period at the applicable rate, and any applicable penalties will be applied.
How to invest?
Click here to invest in the Union Bank Of India’s Deposit Re-Investment Certificate schemes.
Note: The information presented here is sourced from publicly available data. We cannot be held responsible for any inaccuracies in the details. For the most current and accurate information, please visit the official website of the respective bank/institution.