Union Bank Special FD Schemes

What are Union Bank Special FD Schemes 2025 ?

Union Bank of India offers special fixed deposit schemes for different tenures with better Union Bank of India FD rates and additional tenure-based benefits. Among the popular options are the 333 Days FD Union Bank of India and the 444 Days FD in Union Bank of India, both designed to provide higher returns than regular deposits. These short- to medium-term deposits suit individuals looking for steady returns and capital safety over a fixed tenure, offering a reliable way to grow savings with predictable earnings.

Key Features of Union Bank Special FD Schemes

Union Bank Special FD Schemes come with tenure-specific benefits and flexible features designed to meet various financial needs.

• Fixed Tenures: Special durations such as 333 days and 444 days ensure stable returns and clear maturity timelines for investors.
• Minimum Deposit: You can start investing with as little as ₹1,000, making these FDs suitable for both beginners and small savers.
• Loan Facility: Customers can avail loans or overdrafts up to 90% of their FD value, ensuring liquidity without breaking the deposit.
• Interest Payout Options: Investors can choose from monthly, quarterly, half-yearly, annual, or at-maturity interest payout modes.
• Auto-Renewal Option: Depositors can opt for automatic renewal on maturity, enabling uninterrupted compounding and steady capital growth.

Union Bank Special FD Schemes Rates 2025

Union Bank of India offers competitive interest rates across its special fixed deposit schemes. Below are the latest FD interest rates for deposits below ₹3 crore.

Union Bank of India 333 Days FD Interest Rate 2025

The 333 Days FD Union Bank of India provides short-term stability with assured returns.

*Union Bank of India FD Rates – 333 Days w.e.f. August 20, 2025

Union Bank 444 Days FD Interest Rate 2025

The 444 Days FD in Union Bank of India is a mid-term plan offering better returns than regular deposits.

*Union Bank of India 444 Days FD Interest Rates w.e.f. August 20, 2025

Union Bank 997 Days FD Interest Rate 2025

The 997 Days FD offered by Union Bank of India is a medium-term deposit scheme that provides higher interest rates and better returns compared to regular fixed deposits.

*Union Bank of India 997 Days FD Interest Rates w.e.f. August 20, 2025

Illustrations for Union Bank Special FDs

To help you understand how these special deposits work, here are illustrations for two key Union Bank of India FD schemes with sample maturity calculations.

Illustration 1: Union Bank of India 333 Days FD

The 333 Days FD offers short-term stability with quick liquidity.

If a depositor invests ₹1,00,000 at 6.15% p.a. (general citizen):

Simple Interest: 

(₹1,00,000 × 6.15 × 0.91) / 100 = ₹5,597

Maturity Value: ₹1,00,000 + ₹5,597 = ₹1,05,597

Compound Interest (Quarterly):

A = ₹1,00,000 × (1 + 0.0615 / 4)^(4 × 0.91)

A ≈ ₹1,05,620

Compound Interest Earned: ₹5,620

Illustration 2: Union Bank of India 444 Days FD

The 444-day FD is designed for customers seeking short-to-medium-term growth with flexibility. If a depositor invests ₹1,20,000 at 6.50% p.a. (general citizen):

Simple Interest: 

(₹1,20,000 × 6.50 × 1.22) / 100 = ₹9,516

Maturity Value: ₹1,20,000 + ₹9,516 = ₹1,29,516

Compound Interest (Quarterly):

A = ₹1,20,000 × (1 + 0.065 / 4)^(4 × 1.22)

A ≈ ₹1,29,580

Compound Interest Earned: ₹9,580

Senior Citizen (7.00%) Maturity: ≈ ₹1,30,500

Super Senior Citizen (7.15%) Maturity: ≈ ₹1,30,850

Taxation on Union Bank Special FD Schemes

Interest earned on Union Bank of India Fixed Deposits is taxable under “Income from Other Sources” as per the Income-tax Act, 1961. Tax Deducted at Source (TDS) applies when the total FD interest exceeds ₹50,000 in a financial year for general depositors and ₹1,00,000 for senior citizens. PAN submission ensures TDS deduction at 10%; without PAN, 20% is deducted.

Key Takeaways

Union Bank of India Special FD Schemes offer exclusive tenures such as 333 days and 444 days, and 997 days. These schemes provide competitive Union Bank of India FD rates, delivering better yields than standard deposits. Senior and super senior citizens enjoy additional interest benefits, making these FDs suitable for different investment goals. Customers can use the Union Bank of India FD calculator to plan deposits and estimate maturity values. With features like loan against FD, auto-renewal, and premature withdrawal, these deposits ensure a secure, flexible, and rewarding savings experience.