FD calculators give instant and accurate estimates of your returns, making them a crucial part of your investment process. Most issuers offer FD calculators online for free. So, if you are investing in a Union Bank FD, you should use the Union Bank FD calculator before doing so.

 

With this calculator, you can make well-informed decisions and ensure you leverage the latest FD rates and get the best returns. Moreover, it is a simple and easy tool as you need to submit only the basic details about your investment terms.

 

Read on to understand the FD calculator’s benefits and the latest Union Bank FD rates.

Union Bank Fixed Deposit Calculator

To use the Union Bank Fixed Deposit calculator, enter your investment amount, tenor, and interest rate. Once done, submit the details, and you will instantly get the estimates of your returns.

Deposit Amount
Tenure
Months
Interest Rate
%
Interest Payout
Your Total Maturity Amount is
Your Total Maturity Amount is
Total Investment
Total Interest Earned

Interest Rates for Union Bank FD

Check the latest FD rates of Union Bank FD before investing to ensure you choose the best terms: 

Tenor

General Public (p.a.)

Senior Citizens (p.a.)

Super Senior Citizens (p.a.)

7 Days - 10 years

3.00% - 7.00%

3.50% - 7.50%

3.75% - 7.75%

Disclaimer: The above rates are as of October 2023 and are subject to change at the bank’s discretion.

Benefits of the Union Bank FD Calculator

Here are some of the benefits you can enjoy with a Union Bank FD calculator:

1. Accurate and Instant Results

While you can manually calculate the estimates, it can be time-consuming, and there is a risk of human errors. However, the Union Bank FD calculator can give the estimates instantly and accurately. 

2. Available Without Any Restrictions

Most FD issuers offer the FD calculator on their website for free, without any restrictions. You can use the calculator as many times as you want and invest smartly.

3. Determine Ideal Investment Terms

When it comes to investment, choosing the right terms is crucial in ensuring you get the desired returns. You can use the Union Bank FD calculator to try as many permutations and combinations as needed to find the ideal investment terms.

4. Easy Comparison

Given the number of FD issuers and options available in the market, you can easily compare the returns they provide by using the Union Bank FD calculator. Doing so helps ensure you choose the one that offers the best returns. 

 

Now that you know the benefits of the Union Bank of India FD calculator, be sure to use it before you invest. Remember to consider your goals and current finances while assessing the ideal investment terms for your FD

 

On Bajaj Markets, you can start your savings journey right away and choose from a variety of FD options from top issuers. With a 100% digital investment process, you can secure great returns in just a few minutes.

Disclaimer

The information provided by BFDL herein above is related to the Non-Partnered Banks/ NBFCs and is just for the purpose of information and under no circumstances the information provided hereinabove is intended to be source of advice or recommending any financial investment advice or endorsement of any sort. 

The information including interest rates with regard to fixed deposit, provided on this website is gathered through publicly available sources over the internet and is considered as accurate and reliable to the best of our knowledge. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers by the Non-Partnered Banks. The use of information set out is entirely at the User’s own risk and User should exercise due care prior taking of any decision, on the basis of information mentioned hereinabove. You are advised to visit/ contact the respective Banks/ NBFCs to verify the information before making any investment or opening an account. Further, BFDL does not undertake any responsibility or liability to update this information. YOU ARE SOLELY RESPONSIBLE FOR ANY LIABILITY OR DAMAGE YOU INCUR THROUGH ACCESS TO OR USE OF THE SITE OR SUCH INFORMATION OR MATERIALS EXCEPT WHERE THE LAWS AND REGULATIONS OF A PARTICULAR JURISDICTION CONCERNING WARRANTIES CANNOT BE WAIVED. Additionally, display of any trademarks, tradenames, logo and other subject matters of intellectual property owners. Display of such Intellectual Property along with the related product information does not imply BFDL’s partnership with the owner of the Intellectual Property of such products. 

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FAQs on the Union Bank FD Calculator

No, you can use the calculator online for free without any restrictions. 

To use the Union Bank FD interest calculator, you need basic investment details. This includes investment amount, tenor, interest rate, and FD type. You can feed these details into the calculator and submit it to get instant estimates of your returns.

Yes, Union Bank offers additional interest rates for senior citizens and super senior citizens. Senior citizens get 0.50% and super senior citizens get 0.75% over and above the FD rates set for non-senior citizens.You can use a Union Bank FD calculator to understand how this difference in rates affects your returns.

Yes, you can make a premature withdrawal from your Union Bank FD. However, the bank will levy a penalty, which can affect your returns. To avoid this, use the Union Bank of India FD calculator and ensure you invest as per your current and future needs. You can also opt for a loan against FD and get the funds without making a premature withdrawal.

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