Union Bank FD Scheme 2026 : If you are planning to invest your money in a Fixed Deposit (FD) scheme, Union Bank of India is offering an attractive option. The bank’s 456-day FD scheme provides higher interest rates along with guaranteed returns, making it a safe and reliable investment choice.
In this article, we will explain Union Bank’s 456-day FD scheme, applicable interest rates for different categories of investors, and how much maturity amount you can expect if you invest ₹5,00,000.
Union Bank FD Scheme 2026 – Overview
Union Bank of India offers multiple FD schemes with different tenures and interest rates. Each bank fixes its own interest rates based on tenure and customer category. Among these, the 456-day FD scheme stands out due to its higher interest rates compared to regular FDs.
This scheme is suitable for investors looking for short-to-medium-term safe investment with assured returns. Fixed deposits in Union Bank are considered secure, as they come with guaranteed maturity benefits.
Key Features of Union Bank 456 Days FD Scheme
Here are the five important highlights of this FD scheme:
- Investors can choose a fixed tenure of 456 days.
- This scheme offers higher interest rates compared to many standard FD plans.
- Senior citizens receive an interest rate of 7.80% per annum.
- General customers earn an interest rate of 7.30% per annum.
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Super senior citizens get the highest interest rate of 8.15% per annum.
Interest Rates on Union Bank 456 Days FD (2026)
Union Bank provides different interest rates based on investor categories:
- General Citizens: 7.30% per annum
- Senior Citizens: 7.80% per annum
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Super Senior Citizens: 8.15% per annum
These rates make the 456-day FD scheme one of the most attractive short-term deposit options in 2026.
Maturity Amount on ₹5,00,000 Investment for 456 Days
If you invest ₹5,00,000 in Union Bank’s 456-day FD scheme, here is the estimated maturity amount:
For General Citizens (7.30% Interest)
- Investment Amount: ₹5,00,000
- Tenure: 456 days
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Maturity Amount: ₹5,47,293 (approx.)
For Senior Citizens (7.80% Interest)
- Investment Amount: ₹5,00,000
- Tenure: 456 days
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Maturity Amount: ₹5,50,659 (approx.)
(Actual returns may vary slightly depending on compounding method and bank policies.)
Is Union Bank 456 Days FD Scheme Worth It?
Yes, this scheme is ideal for investors who want:
- Safe and guaranteed returns
- Higher interest rates for short-term investment
- Additional benefits for senior and super senior citizens
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A trusted public sector bank investment option
Conclusion
Union Bank of India’s 456-day FD scheme in 2026 is a strong investment option for both regular and senior investors. With interest rates going up to 8.15%, this FD offers stable returns without market risk. If you are looking to invest ₹5 lakh for a little over one year, this scheme can deliver attractive and secure returns.