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