Union Bank of India has recently revised its interest rates on fixed deposits and now it offers a special interest of 7.4 percent to regular citizens on term deposits of 333-day tenure.Senior citizens, meanwhile, are entitled to an extra 50 basis points i.e., 7.9 percent on the term deposit of same tenure, while super senior citizens are given an extra 75 basis points i.e., 8.15% per annum.
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