As of 5 Oct 2026, Union Bank of India offers up to 6.55% p.a. on its recurring deposit (RD) (555 days) for general customers and 7.05% p.a. (555 days) for senior citizens. Rates below are as published by the bank — confirm with Union before investing.
Rates for deposits below ₹3 crore · general vs senior citizen · trend over time
| Tenure | General | Senior | Trend | Applies to | As of | Source |
|---|---|---|---|---|---|---|
1 year to 399 days |
6.20% | 6.70% | Any amount | 4 Aug 2026 |
official fetched 26 Sept 2026 ✓ verified 5 Oct 2026 |
|
400 days |
6.25% | 6.75% | Any amount | 4 Aug 2026 |
official fetched 26 Sept 2026 ✓ verified 5 Oct 2026 |
|
401 to 443 days |
6.25% | 6.75% | Any amount | 4 Aug 2026 |
official fetched 26 Sept 2026 ✓ verified 5 Oct 2026 |
|
444 days |
6.50% | 7.00% | Any amount | 4 Aug 2026 |
official fetched 26 Sept 2026 ✓ verified 5 Oct 2026 |
|
445 to 554 days |
6.15% | 6.65% | Any amount | 4 Aug 2026 |
official fetched 26 Sept 2026 ✓ verified 5 Oct 2026 |
|
555 days |
6.55% | 7.05% | Any amount | 4 Aug 2026 |
official fetched 26 Sept 2026 ✓ verified 5 Oct 2026 |
|
556 to 996 days |
6.15% | 6.65% | Any amount | 4 Aug 2026 |
official fetched 26 Sept 2026 ✓ verified 5 Oct 2026 |
|
997 days |
6.10% | 6.60% | Any amount | 4 Aug 2026 |
official fetched 26 Sept 2026 ✓ verified 5 Oct 2026 |
|
998 days to 3 years |
6.10% | 6.60% | Any amount | 4 Aug 2026 |
official fetched 26 Sept 2026 ✓ verified 5 Oct 2026 |
|
above 3 years to 10 years |
6.00% | 6.50% | Any amount | 4 Aug 2026 |
official fetched 26 Sept 2026 ✓ verified 5 Oct 2026 |
As of 5 Oct 2026, Union Bank of India offers up to 6.55% p.a. on its recurring deposit (RD) (555 days) for general customers and 7.05% p.a. (555 days) for senior citizens. Rates below are as published by the bank — confirm with Union before investing.
Yes. Senior citizens (60+) earn up to 0.50% p.a. more than general customers at Union Bank of India, depending on the tenure.
Deposits with Union Bank of India are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).
RateScan.in refreshed this dataset on 5 Oct 2026; the bank's rates shown here are effective 4 Aug 2026. Rates can change without notice, so verify on the official Union website before investing.
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.
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