Ubi Revises Interest Rates

The United Bank of India (UBI) has announced the revision of interest rates on all its domestic term deposits with effect from today. While 15 to 29 day deposits will now earn 5 per cent per annum, deposits for 30 to 45 days, 46 to 90 days and 91 to 179 days would earn six, 7.5 and eight per cent per annum respectively. While one year deposit would now earn 9.5 per cent, deposits for two years, three years and above three years duration would be given annualised interest of 10.5, 11 and 12 per cent respectively.