UCO Bank FD Calculator can be an ideal tool for those who want to tailor their fixed deposits as per their needs.
The UCO Bank FD Calculator is present on the bank’s website. Periods can range from as low as 7 days and go above 5 years as well. There is a wide variance in rates depending on the amount invested too. Therefore, depending on the needs of an individual one can build a suitable fixed deposit portfolio. The UCO Bank FD Calculator is a steady companion when creating this investment basket.
As mentioned before, UCO bank has a wide variety of fixed deposits that cater to a range of individual preferences. The UCO Bank FD Rates Calculator gives the rates that apply for different amounts and periods. It is critical to learn these rates to come to an informed decision.
Note that all the rates that are given below are of domestic term deposits only. They do not apply for NRIs, for which there are different interest rates. Individuals are requested to check with bank representatives directly in case such special considerations apply to them. There may be special rates and schemes for senior citizens too. The UCO Bank FD Rates Calculator charts follow:
Interest rates for Domestic Fixed Deposits <2 Crore w.e.f. 16/12/2020 (in %) 

Period 
General 
Seniors 

Interest Rate Per Annum 
Annualized Yield 
Interest Rate Per Annum 
Annualized Yield 

7 D – 14 D 
2.75 
2.75 
3.00 
3.00 
15 D – 29 D 
2.75 
2.75 
3.00 
3.00 
30 D – 45 D 
3.00 
3.00 
3.25 
3.25 
46 D – 60 D 
3.75 
3.75 
4.00 
4.00 
61 D – 90 D 
3.75 
3.75 
4.00 
4.00 
91 D – 120 D 
3.90 
3.90 
4.15 
4.15 
121 D – 150 D 
3.90 
3.91 
4.15 
4.16 
151 D – 180 D 
3.90 
3.91 
4.15 
4.16 
181 D – 364 D 
4.70 
4.73 
4.95 
4.98 
1 Y 
4.90 
4.99 
5.15 
5.25 
1 Y – 2 Y 
5.00 
5.09 
5.50 
5.61 
2+ Y – 3 Y 
5.00 
5.22 
5.50 
5.77 
3+ Y – 5 Y 
5.00 
5.36 
5.50 
5.94 
5+ Y 
5.00 
5.64 
5.50 
6.28 
Legend: D = days Y = years 

Disclaimer 
The rates are subject to change without any prior notice. 
Interest rates for Domestic Fixed Deposits 2  5 Crore w.e.f. 11/01/2021 (in %) 

Period 
Interest Rate Per Annum 
7 D – 14 D 
2.50 
15 D – 30 D 
2.50 
31 D – 45 D 
2.50 
46 D – 90 D 
2.50 
91 D – 180 D 
2.50 
181 D – 210 D 
2.75 
211 D – 270 D 
2.75 
271 D – 1 Y 
2.75 
1+ Y – 2 Y 
2.75 
2+ Y – 3 Y 
3.00 
3+ Y – 5 Y 
3.00 
5+ Y 
3.00 
Legend: D = days Y = years 

Disclaimer 
The rates are subject to change without any prior notice. 
Interest rates for Domestic Fixed Deposits >5 Crore w.e.f. 11/01/2021 (in %) 

Period 
<25 Crore 
>25 Crore <100 Crore 
>100 Crore 
7 D – 14 D 
2.50 
2.50 
2.50 
15 D – 30 D 
2.50 
2.50 
2.50 
31 D – 45 D 
2.50 
2.50 
2.50 
46 D – 90 D 
2.50 
2.50 
2.50 
91 D – 180 D 
2.50 
2.50 
2.50 
181 D – 210 D 
2.75 
2.75 
2.75 
211 D – 270 D 
2.75 
2.75 
2.75 
271 D – 1 Y 
2.75 
2.75 
2.75 
1+ Y – 2 Y 
2.75 
2.75 
2.75 
2+ Y – 3 Y 
3.00 
3.00 
3.00 
3+ Y – 5 Y 
3.00 
3.00 
3.00 
5+ Y 
3.00 
3.00 
3.00 
Legend: D = days Y = years 

Disclaimer 
The rates are subject to change without any prior notice. 
The charts above show that the major factors that affect the interest rate are the time period for maturity and the term deposit amount. In addition, compounding frequency also affects the yields. The UCO Bank FD Calculator takes all these different considerations into account so that an individual does not have to take the hassle themselves.
As is visible from the charts above, for 120 days and more the yield is different from the interest rate. This happens because instead of simple interest, the interest is compounded. To understand the difference, one must first know what interest means.
Interest is the amount over and above the principal that is due to the deposit holder. One accrues this depending on the amount and period. In these, there are two different types of interests: simple and compound. The definitions and differences are given below:
The UCO Bank FD Rates Calculator comes in handy when the above interests become tough to calculate. It is an automated system and therefore it is easy to calculate. The UCO Bank FD Calculator can determine the amount that they need to invest and the time period they need to invest to get the desired return. It removes all the hassles so that even a layperson can use it. Some of the steps to use the tool are given below:
The best part is that a person can run the calculations as many times as they want.
There are multiple benefits to using the UCO Bank FD Rates Calculator. They have been enumerated in the sections above. However, the benefits of the UCO Bank FD Calculator are given below in summary:
UCO Bank is one of the most wellknown banks in the industry. There are a lot of options available for fixed deposits. However, it can be confusing for people to choose among so many options. Therefore, one must take the time to understand the nature of the fixed deposits and the interest rates that they are offering for various time periods and investment values. It is always better to choose a higher interest rate if a person can keep their funds for that period of time.
The UCO Bank FD Rates Calculator is a good tool to find the interest rates and the final value on the maturity of the fixed deposit. It is a tool that helps people make a better choice on how they want to invest. They can come to know the total funds on maturity and if that will match what they want at that stage of their lives. The UCO Bank FD Rates Calculator makes all of this much easier. The rates for the various amounts and periods are given in subsequent paragraphs.
A1. Anyone can open a fixed deposit as long as they are approved by the bank. They must submit an Account Opening Form that an officer of the bank must witness.
A2. Two passport photographs are mandatory. In addition, for amounts exceeding 50000 INR, a PAN number is needed. The PAN Card is a requirement for an aggregate of 5 lakhs INR in a year.
A3. Organizations such as Joint Stock Companies, Clubs, Societies, Associations, Institutions, Trusts, Proprietorships and Partnerships can open fixed deposits.
A4. Yes, one can take a loan against a fixed deposit but rules and regulations of the bank apply in all cases and can change from time to time.
A5. A fixed deposit receipt contains the following details:
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*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C apply.
**Tax benefit is subject to changes in tax laws. Standard T&C apply.