UBI FD Calculator | United Bank of India FD Interest Rates

The Candidates those who want to know their FD Amount instantly, then you can use the online United Bank of India FD Calculator. So, that you can easily know your Fixed Deposit Amount. Also, you can check for Latest UBI FD Interest Rates from our site. Based on the United Bank of India FD rates you can know Fixed Deposit Amount. Thus, for more details about United Bank of India FD Calculator, you can refer to the below sections.

United Bank of India FD Calculator

It is an online calculator by which you can know your Maturity amount. We have provided this online United Bank of India FD Calculator on our site. Also, the official site is also providing the Online Calculator. So, you can know your FD Amount by using either ours or by following the official site. By using this online FD Calculator, you can know your total amount after the completion of tenure period easily. There is also a formula for calculating the FD Amount. By using formula also you can calculate, but some may feel difficult in calculating large values. i.e. if you want to know your FD Amount instantly, then this online United Bank of India FD calculator is very useful.

Along with this, you have to know the latest United Bank of India FD interest rates and should know how this online United Bank of India FD Calculator works. So, we have provided the list below check once before calculating your Total amounts.

Click here for UBI FD Calculator

How to use UBI FD Calculator work?

The online United Bank of India FD calculator mainly requires on four things which are below.

  • Principal Amount (in Rupees)
  • Rate of Interest (%)
  • Frequency (Compound/Simple)
  • FD Tenure Period (months/years)

We have mentioned detailed steps to use the online FD Calculator. So, follow the steps which have given below.

  1. Click the FD Calculator which is available on our site or visit the official website to get the calculator.
  2. Then you have to enter the values like Principal amount, Rate of Interest, FD Rates, and tenure period on the UBI FD Calculator.
  3. After that, once again check the values that you have entered. Then click on Calculate Button.
  4. lastly, you can know your Fixed Amount.

United Bank of India FD Calculator

United Bank of India FD Rates – Deposits < Rs.1 Crore

Tenure Period w.e.f 13.02.17
Deposit amount up to Rs.1 Crore
7 days – 14 days 4.00%
15 days – 29 days 4.00%
30 days – 45 days 4.00%
46 days – 60 days 4.00%
61 days – 90 days 4.50%
91 days – 180 days 5.00%
181 days – 269 days 5.75%
270 days to less than 1 years 6.00%
1 year 6.50%
Above 1 year to less than 2myears 6.25%
2 years to less than 3 years 6.25%
3 years to less than 5 years 6.25%
5 years and above 6.25%

UBI FD Rates – Deposits > Rs.1 Crore

Tenure Period w.e.f 13.02.17
Deposit amount above Rs.1 Crore
7 days – 14 days 4.00%
15 days – 29 days 4.00%
30 days – 45 days 4.00%
46 days – 60 days 4.00%
61 days – 90 days 4.50%
91 days – 180 days 4.50%
181 days – 269 days 4.50%
270 days to less than 1 years 4.25%
1 year 4.75%
Above 1 year to less than 2myears 4.50%
2 years to less than 3 years 4.50%
3 years to less than 5 years 4.50%
5 years and above 4.50%

These are the latest and updated FD Interest rates provided here. We have also provided UBI FD Rates for the deposits less than Rs.1 Crore and above Rs.1 Crore.

The FD interest Rates for Senior citizens have listed below:

  • The FD Interest Rates applicable on Deposits up to Rs. 1 Crore for all Senior citizens is 0.50% over & above term deposit of more than 1 year tenors.
  • Rates are applicable on fixed deposit up to Rs.1 Crore for United Bank of India Staff and retired Staff is 1% over and above the applicable rate of interest on term deposit.
  • Ex-employees who are dismissed, compulsorily retired, or even removed from bank’s services as a measure of disciplinary actions will not be eligible to take above benefits. But the Ex-employees who opted for VR/VRS can eligible to get all the benefits which are above.

The rules of premature Withdrawal of Retail Fixed Deposit is as follows:

  • Prematurely the Fixed deposit account is closed within 7 days from the date of opening, then there is no interest.
  • Prematurely if the Fixed Deposit account is closed beyond 7 days also the deposit is withdrawn then the penalty is 1% on the rate of Interest applicable for the deposit remained in the bank.
  • There is no waiver of penalty or discretion of reduction for premature withdrawal of a fixed deposits.

Premature Penalty for Bulk or large fixed deposits

The Premature Penalty for bulk or large fixed deposits is 1%. Also, there is no waiver of penalty or discretion of reduction for premature withdrawal of a fixed deposits.

The FD Interest Rates on fixed Deposits of Rs.1 Crore and above

The candidates who want to make a single deposit of Rs.1 Crore. Then for accepting such bulk amount the RO should take approval or clearance from GM.

United Bank of India Fixed Deposit

Nowadays everyone is showing interest in saving money to secure future. It is very good idea. As banks are providing various FD schemes. So, those who are interested in depositing money in various Fixed Deposit Schemes can choose one Fixed Deposit Scheme. The United Bank of India is proving more FD Schemes with high-interest rates.  Thus, those who have an interest in depositing money in the United Bank of India FD Schemes can enjoy with high-interest rates providing by the UBI. After that, you have to open United Bank of India FD Account. For that you have to check the eligible criteria, required documents list and FD Account opening online/offline process. Therefore for all these details, you have to refer the below sections.

Check for United bank of India Fixed Deposit

Eligibility Criteria to open UBI FD Account

The Candidates need to check the eligibility criteria before opening FD Account. We have listed the suitable conditions below. So, check it ones before opening Fixed Deposit Account.

  • Any individual can open FD Account in United Bank of India
  • HUF
  • Educational Institutions and Trust
  • Minor Jointly with the Major
  • Hindu Unified Company
  • Club
  • NRI

List of Documents – Opening Fixed Deposit Account

There is some list of documents that are to be submitted along with the FD Account opening Application form. So, we have listed them below.

  • Documents for Identity Proof
    • Passport
    • Aadhaar Card
    • Driving License
    • Voter ID card
    • PAN Card
    • Identity Card issued by the reputed Employer
  • List of Documents for Address Proof
    • Aadhaar Card
    • Telephone Bill
    • Salary Slip
    • Bank Account Statement
    • Electricity Bill
    • Wealth Tax / Income Tax Assesment order

United Bank of India FD Account Opening – Offline procedure

We have provided both online and offline process to open FD Account In UBI. So, you can choose any of the processes to complete the Account opening Process.

  1. Visit the official website to download United Bank of India Fd Account opening for Residentials. For non -residentials click here.
  2. After completing the download process fill the details without any mistakes.
  3. Then attach the documents along with FD Application form which have to submit in the bank.
  4.  Later Submit the Application form with the Documents in any UBI Branch.
  5. Finally, your FD Account will be opened in United Bank of India

Online FD Account Opening Process

  1. Visit the official Website www.unitedbankofindia.com
  2. Then download the FD Account Opening Application Form from the official site.
  3. Later Fill the details correctly and after filling the details. Once again check the form.
  4. After that submit the Application form with the required documents.
  5. Finally, after the verification process, your FD Account will be opened in United Bank of India.

Click here to know FD Account Opening

Benefits and Features of United Bank of India Fixed Deposit

In united Bank of India, you can open Fixed Deposit account for a particular period of time. So, on these Fixed Deposits, you can earn interests monthly, quarterly, half-yearly and yearly based on the Account that yu have selected. Thus, we have mentioned befits of UBI Fixed Deposit.

  • If you have opened a fixed Deposit account then the minimum period is 7 days and the maximum period is 5 to 10 years.
  • There is a penalty for Premature withdrawal of retail fixed deposits.
  • Auto renewal of FD is available.
  • The minimum amount required for UBI’s United Bonanza savings schemes is 10,000/-
Updated: March 20, 2017 — 11:18 am

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