Union Bank Hikes Interest Rates On FD; Get Upto 7%

Union Bank is a popular nationalised bank in India with millions of customers across the country. Recently, Union Bank has announced an increase in the interest rates for fixed deposits (FDs) under ₹2 crore. As per the official website of Union Bank, the interest rates would become effective from October 17, 2022. Moreover, senior citizens will get an additional 0.5% over and above the regular FD interest rates that have just been ra…