Rates verified from official source

Union Bank of India NRE Fixed Deposit interest rates · October 2026

As of 5 Oct 2026, Union Bank of India offers up to 6.55% p.a. on its NRE fixed deposit (555 Days) for general customers. Rates below are as published by the bank — confirm with Union before investing.

NRE Fixed Deposit rates

Rates for deposits below ₹3 crore · general vs senior citizen · trend over time

TenureGeneralSeniorTrendApplies toAs ofSource
1 Yr to 399 days
6.20% 6.20% Any amount
5 Oct 2026
official
fetched 3 Oct 2026
✓ verified 5 Oct 2026
400 Days
6.25% 6.25% Any amount
5 Oct 2026
official
fetched 3 Oct 2026
✓ verified 5 Oct 2026
401 to 443 days
6.25% 6.25% Any amount
5 Oct 2026
official
fetched 3 Oct 2026
✓ verified 5 Oct 2026
444 day
6.50% 6.50% Any amount
5 Oct 2026
official
fetched 3 Oct 2026
✓ verified 5 Oct 2026
445 Days to 554 Days
6.15% 6.15% Any amount
5 Oct 2026
official
fetched 3 Oct 2026
✓ verified 5 Oct 2026
555 Days
6.55% 6.55% Any amount
5 Oct 2026
official
fetched 3 Oct 2026
✓ verified 5 Oct 2026
556 Days to 996 days
6.15% 6.15% Any amount
5 Oct 2026
official
fetched 3 Oct 2026
✓ verified 5 Oct 2026
997 days
6.10% 6.10% Any amount
5 Oct 2026
official
fetched 3 Oct 2026
✓ verified 5 Oct 2026
998 days to 3 Yrs
6.10% 6.10% Any amount
5 Oct 2026
official
fetched 3 Oct 2026
✓ verified 5 Oct 2026
> 3 Yrs to 10 Yrs
6.00% 6.00% Any amount
5 Oct 2026
official
fetched 3 Oct 2026
✓ verified 5 Oct 2026
Source ↗

Union NRE FD: frequently asked questions

What is the highest Union NRE FD interest rate?

As of 5 Oct 2026, Union Bank of India offers up to 6.55% p.a. on its NRE fixed deposit (555 Days) for general customers. Rates below are as published by the bank — confirm with Union before investing.

Do senior citizens get higher NRE FD rates at Union?

Union Bank of India does not publish a separate senior citizen premium for these deposits in our data. Check the bank's official rate card for any senior-citizen offers.

Is interest on Union NRE FDs taxable in India?

Interest on NRE deposits is generally exempt from income tax in India for eligible Non-Resident Indians. Tax rules depend on your residential status and the country you live in, so confirm with a tax advisor.

Is my NRE fixed deposit with Union insured?

Deposits with Union Bank of India are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).

How current are these Union rates?

RateScan.in refreshed this dataset on 5 Oct 2026; the bank's rates shown here are effective 5 Oct 2026. Rates can change without notice, so verify on the official Union website before investing.

Good to know

Deposits with Union Bank of India are insured by DICGC up to ₹5,00,000 per depositor (principal + interest). Senior citizens (60+) typically earn an extra 0.50% p.a. over the published general rates.

Informational only — always confirm the current rate on the official Union website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.