Union Bank of India has introduced a new Fixed Deposit scheme with a 375-day tenure, offering customers one of the most attractive interest rates currently available in the market. This special deposit plan aims to provide guaranteed growth with safe and assured returns, making it an appealing option for both regular investors and senior citizens.
High Interest Rate on 375-Day Deposit
The freshly launched 375-day FD scheme offers a significantly higher interest rate compared to traditional deposits. Investors can benefit from boosted returns within a little over a year, making this FD ideal for short-term financial planning. The interest rate is structured to maximize the maturity amount through effective compounding.
Better Returns for Senior Citizens
Union Bank is also extending additional interest benefits to senior citizens. Their deposits under the 375-day scheme will earn a higher rate than general customers, ensuring a more rewarding return on their savings. This makes the scheme especially beneficial for retirees seeking low-risk but profitable investment options.
Safe, Secure, and Suitable for All Investors
As a reliable public-sector bank, Union Bank continues to focus on secure financial products. The new FD scheme assures guaranteed returns without any exposure to market volatility. Customers looking for short-term savings with high returns can consider this special fixed deposit for its safety and predictable income.
Ideal for Short-Term Financial Goals
Whether planning for upcoming expenses, building an emergency fund, or simply growing savings efficiently, the 375-day FD scheme provides a balance of safety and profitability. The limited-term nature of the scheme also makes it easier for customers to time their investments strategically.
