Looking for a safe investment option that also protects your health? Union Bank of India has launched a unique fixed deposit scheme that not only offers attractive interest rates but also includes health insurance coverage. Named the Union Wellness Deposit, this scheme combines financial growth with medical security — making it one of the most innovative FD options in the market today.

The Union Wellness Deposit is a special term deposit scheme offered by Union Bank of India. It has been designed to offer a dual benefit:

• Attractive interest rates on fixed deposits

• Super top-up health insurance with cashless hospitalization

This makes it ideal for individuals seeking both financial stability and health protection in a single product.

• Tenure: 375 days only

• Interest Rate for General Customers: 6.75% per annum

• Interest Rate for Senior Citizens: 7.25% per annum (extra 0.50%)

✅ Note: Interest is compounded and paid as per the bank’s FD payout option.

What sets the Union Wellness Deposit apart is its health coverage benefit:

• A 375-day super top-up health insurance plan

• Includes cashless hospitalization facility

• Covers unexpected medical expenses without disrupting your savings

This insurance is provided alongside the FD investment, making your money work both for your wealth and your wellness.

Depositors also get access to lifestyle benefits through a RuPay Select Debit Card, which includes:

• Complimentary lounge access

• Health check-up benefits

• Wellness offers on gyms, spas, etc.

So it’s not just a deposit — it’s a total lifestyle and security package.

• Minimum Investment: ₹10 lakh

• Maximum Investment: ₹3 crore

This scheme is tailored more toward high-value investors, offering a solid return with added health protection.

• Age Limit: 18 to 75 years

• Eligible Account Types: Individual and joint accounts

  • In joint accounts, insurance coverage is available only to the primary holder

This scheme is ideal for:

• Professionals and businesspersons with large savings

• Retirees looking for secure investments with health coverage

• Anyone seeking a tax-efficient, worry-free deposit

• Premature withdrawal allowed (as per bank rules)

• Loan facility against FD available

• Scheme is available at all Union Bank branches

The Union Wellness Deposit Scheme is more than just a fixed deposit — it's a complete financial and health solution. With assured returns, top-up health insurance, and exclusive lifestyle benefits, it is ideal for individuals who want more from their investment than just interest.

If you're looking to secure your savings and your health, this is one of the best FD schemes to consider in 2025.