Union Bank of India: Union Bank of India has launched a new retail FD scheme. The UBI has named the Residential Term Deposit Scheme Union Wellness Deposit. These investors will get the benefits of fixed deposits as well as benefits of health insurance and lifestyle benefits.
Union Bank of India’s FD Scheme
The scheme of Union Bank of India is 375 days. In this, general investors will get an annual annual interest of 6.75% and 0.50% interest to the sanierian citizens. Customers can invest at least Rs 10 lakh and a maximum of Rs 3 crore in it. The plan also has a loan facility on premature closure and FD.
375 days FD scheme
The biggest feature of this scheme is that a 375-day super top-up health insurance cover of Rs 5 lakh, which includes cashless hospitalization facility. Apart from this, lifestyle benefits will also be given to investors through Rupay Select Debit Card.
Who can take the scheme
Residents of the ages of 18 to 75 years can take advantage of this scheme. This facility is available in both single and joint accounts, but only primary account holder will get health insurance cover in joint account. Fixed deposit is a safe investment option, in which customers can deposit money simultaneously in a fixed time.
Digital Form 16: If you know about digital form 16, you will be able to file ITR yourself