Union Bank of India is one of the leading banks in India which provide a variety of saving bank products to different types of customers based on the individual needs. The Union Bank saving products renders various terminal benefits that satisfy the financial and investment needs of the customers.
Interest rate applicable for the saving accounts of the bank is 4% per annum on daily products basis which is credited generally credited twice a year (Feb and Aug).
1. Basic saving bank deposit account:
2. Regular saving bank account:
For all the categories of accounts in UBI (Regular, Basic or Flexi deposit) debit card issuance is done free of cost. Account closing within 14 days has also been exempted from any charges, however different may be levied on various categories depending upon the scheme detail if account is being closed after a period of 14 days.
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