Union Sumvridhi 333: Union Bank of India has introduced Union Sumvridhi 333, a special fixed deposit with higher interest rates

FD rate up to 8.15%: Union Bank of India launches Union Sumvridhi 333 special FD with higher interest rates

Union Bank of India has launched a special fixed deposit termed Union Sumvridhi 333, offering higher interest rates.

#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}

What is the tenure Union Sumvridhi 333

The tenure of the fixed deposit is 333 days

Deadline to invest in these two SBI special FDs with higher interest rates is in September

Minimum and maximum deposit: Rs 1,000 up to Rs 3 crore

Premature withdrawal

This term deposit under Rs. 3 crores is closed early after running for at least 7 days the interest paid will be 1.00% less than the applicable rate at the time of deposit or the contracted rate, whichever is lower.).
GrowfastJava Programming with ChatGPT: Learn using Generative AI
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By - Metla Sudha Sekhar, Developer and Lead Instructor
Basics of Generative AI : Unveiling Tomorrow's Innovations
Artificial Intelligence(AI)
Basics of Generative AI : Unveiling Tomorrow's Innovations
By - Metla Sudha Sekhar, Developer and Lead Instructor
Generative AI for Dynamic Java Web Applications with ChatGPT
Artificial Intelligence(AI)
Generative AI for Dynamic Java Web Applications with ChatGPT
By - Metla Sudha Sekhar, Developer and Lead Instructor
Mastering C++ Fundamentals with Generative AI: A Hands-On
Artificial Intelligence(AI)
Mastering C++ Fundamentals with Generative AI: A Hands-On
By - Metla Sudha Sekhar, Developer and Lead Instructor
Master in Python Language Quickly Using the ChatGPT Open AI
Artificial Intelligence(AI)
Master in Python Language Quickly Using the ChatGPT Open AI
By - Metla Sudha Sekhar, Developer and Lead Instructor
Zero to Hero in Microsoft Excel: Complete Excel guide 2024
Office Productivity
Zero to Hero in Microsoft Excel: Complete Excel guide 2024
By - Metla Sudha Sekhar, Developer and Lead Instructor
Vastu Shastra Course
Astrology
Vastu Shastra Course
By - Sachenkumar Rai, Vastu Shashtri
SQL for Data Science along with Data Analytics and Data Visualization
Data Science
SQL for Data Science along with Data Analytics and Data Visualization
By - Metla Sudha Sekhar, Developer and Lead Instructor
A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024
Web Development
A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024
By - Metla Sudha Sekhar, Developer and Lead Instructor
Mastering Microsoft Office: Word, Excel, PowerPoint, and 365
Office Productivity
Mastering Microsoft Office: Word, Excel, PowerPoint, and 365
By - Metla Sudha Sekhar, Developer and Lead Instructor
Digital marketing - Wordpress Website Development
Marketing
Digital marketing - Wordpress Website Development
By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert
Financial Literacy - TDS, Budget, Income Tax Act, GST, Indirect tax
Finance
Financial Literacy - TDS, Budget, Income Tax Act, GST, Indirect tax
By - CA Rahul Gupta, CA with 10+ years of domain experience, trainer
Business Storytelling Masterclass
Leadership
Business Storytelling Masterclass
By - Ameen Haque, Founder of Storywallahs
Future of Marketing & Branding Masterclass
Future of Marketing & Branding Masterclass
By - Dr. David Aaker, Professor at Haas School of Business
Human Potential and the Future of Employment
HR & People Management
Human Potential and the Future of Employment
By - Lynda Gratton, Co-chair of the World Economic Forum Council on Work, Wages and Job Creation, Professor of Management Practice
ESG and Business Sustainability Strategy
Strategy
ESG and Business Sustainability Strategy
By - Vipul Arora, Partner, ESG & Climate Solutions at Sattva Consulting Author I Speaker I Thought Leader
Financial Reporting and Analytics
Finance
Financial Reporting and Analytics
By - Dr. C.P. Gupta, Professor: Department of Finance and Business Economics, University of Delhi
Digital Marketing
Marketing
Digital Marketing
By - Zafer Mukeri, Founder- Inara Marketers

What is the interest rate for Union Sumvridhi 333 FD

The interest rate for this scheme is as follows:
General customers: 7.40%Senior citizens: 7.90%Super senior citizens: 8.15%
You can apply for this scheme online through the Union Bank of India website or the VYOM app.

You can also take a loan under this scheme.

According to the Union Bank of India website, “The additional rate component, applicable to resident senior citizen deposits is 0.50% over and above the normal rates displayed above.

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 on super senior term deposits would be applicable for the term deposits opened/renewed on or after 01.12.2022.”

Union Bank of India FD interest rates

According to the Union Bank website, the new interest rates are effective from July 5, 2024.
Period

Rates in % per annum



7-14 Days

2.48

15-30 Days

3.48

31-45 Days

3.50

46-90 Days

4.50

91-120 Days

4.80

121-180 Days

5.00

181 Days to
6.35

1 year

6.80

>1 year to 398 Days

6.80

399 Days

7.25

400 Days to 2 year

6.60

> 2 year to 996 days

6.60

997 days

6.40

>998 days to less than 3 Years (except for 999 days @ 6.40)

6.60

3 years

6.70

> 3 Year to 5 years

6.50

>5 Years to 10 Years

6.50


Source: Union Bank of India website; Effective interest rates (Rates in % per annum) from 05th July 2024


#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}
This story originally appeared on: India Times - Author:Faqs of Insurances