Union Bank Of India Interest Rates On Saving Account

Union Bank Of India Interest Rates On Saving Account 6,0/10 2693 reviews

In Union Bank Of India Fixed Deposit account, a fixed sum of money is deposited for fixed tenure usually for a period from 7 days to 10 years. A higher interest rate is offered on fixed deposits which vary from bank to bank according to the amount deposited and duration of investment. The rate is applicable to the BOI savings account prduct which has a free Internet Banking facility with free funds transfer through internet banking. It has unlimited Internet & ATM transactions however you will be charged Rs.20/- per month if you do not maintain the minimum balance per month.

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Union Bank Of India Interest Rates On Saving Account

NRO SAVINGS ACCOUNT


Union Bank Of India Interest Rates On Saving Account

Union Bank Of India Nre Saving Account Interest Rates

Union Bank Of India Interest Rates On Saving Account

Bank Rates On Savings Accounts

Account Type

NRO Savings Bank Account(NRO SB)

Type of Accounts

Savings Deposit

Opening of Accounts/Sources of Funding The Accounts

  1. On receipt of duly completed account opening form(AOF) along with the documents specified there in.
  2. Re-designating existing resident SB account.
  3. Fresh remittances by way of TT/MT/DD/IMO/FCTC/FC
  4. Transfer from existing NRO/NRE/FCNR(B)
  5. Out of legitimate dues of the NRIs in India.
  6. Operation allowed through PA Holder for domestic payments.

Caution::
7.Accept of FCTC/FC subject to CDF(Beyond Limit)
8.Third Party FCTC will not be accepted.

ROI

Rate of interest applicable to these accounts and guidelines
for opening, operating and maintenance of such accounts
shall be in accordance with directives/instructions issued by Reserved Bank from time to time.

Who Can Open

Any Person resident outside India(as per regulation 2 of FEMA),may open NRO account with an authorized dealer or an authorized bank for the purpose of putting through bonafide transactions dominated in Rupees, not involving any violation of the provision of the FEMA rules, regulations made there under. Opening of accounts by individual/entities of Bangladesh/Pakistan nationality/ownership requires prior approval from RBI.

Tax on Interest Income

Tax will be deducted as per guidelines

Loan Facility

Available

ATM Cash Withdrawal Limit

Rs. 25,000/- per day

ATM POS Limit

Rs.50,000/- per day

Personalized cheque Leaves

40 leaves per year FREE

Union Bank Of India Interest Rates On Saving Account 2021

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