UBI revises interest rates on FCNR and NRE deposits

Kolkata, Mar 04 (UNI) United Bank of India (UBI) has announced a downward revision of interest rates on NRE and FCNR Deposits (new and renewed deposits) with effect from March one.

For NRE Term deposit investment for one year to less than two years will attract 5.74 per cent from 5.93 per cent, two years to less than three years will attract from 5.55 from 5.85 per cent and three years to five years will attract 5.48 from 5.80 per cent.

UNI