The Fixed Deposit scheme by UCO Bank offers multiple benefits.The UCO Bank FD Rates differ for the amount of principal invested and its tenure. Another reason for the fluctuation of UCO Bank FD Rates is the nature of the account holder. Senior citizens get a higher interest rate when compared to the other cadre of citizens.
Save upto ₹46,800 in tax under Sec 80C
Inbuilt Life Cover
Tax Free Returns Unlike FD
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
BANKS | GENERAL CITIZENS | SENIOR CITIZEN |
UCO Bank FD Rates | 2.55% - 5.05% | 3.80% - 6.30% |
Axis Bank FD Rates | 2.50% - 5.75% | 2.50% - 6.50% |
Bandhan Bank FD Rates | 3.00% - 5.00% | 3.75% - 5.75% |
Bank of Baroda FD Rates | 2.80% - 5.25% | 3.30% - 6.25% |
Bank of India FD Rates | 2.85% - 5.05% | 3.35% - 5.55% |
Canara Bank FD Rates | 2.90% - 5.40% | 2.90% - 5.90% |
Central Bank of India FD Rates | 2.75% - 5.00% | 2.90% - 3.25% |
DBS Bank FD Rates | 2.50% - 5.50% | 3.50% - 6.00% |
HDFC Bank FD Rates | 2.50% - 5.60% | 3.00% - 6.35% |
IDFC Bank FD Rates | 2.50% - 6.00% | 3.00% - 6.50% |
Indian Bank FD Rates | 2.90% - 5.15% | 3.40% - 5.65% |
Indian Overseas Bank FD Rates | 3.40% - 5.20% | 3.90% - 5.70% |
IndusInd Bank FD Rates | 2.50% - 6.00% | 3.00% - 6.50% |
Punjab National Bank FD Rates | 2.90% - 5.25% | 3.50% - 5.75% |
SBI FD Rates | 5.30% - 5.40% | 5.80% - 6.20% |
Yes Bank FD Rates | 3.25% - 6.25% | 3.75% - 7.25% |
The FD scheme is available in two modes:
Quarterly pay-out: the interest generated every month can be withdrawn each quarter from the start date of the investment
Month pay-out: the customer can withdraw the interest every month
The FD maturity calculator available on the bank’s website helps choose the right Fixed Deposit Scheme to suit the customer’s needs.
UCO Bank Fixed Deposit calculator is an easy-to-use, hassle-free tool that helps in quick calculation of the maturity amount and the interest earned receivable at the end of the policy tenure. By entering some basic details, you can calculate the correct FD amount. Here are the steps that an investor needs to follow to calculate Fixed Deposit rates on the FD Calculator:
The amount that is invested
The Rate of Interest offered
The tenure of the Fixed Deposit Account
The compounding period, that is, yearly, half-yearly, quarterly, or monthly
The FD Amount
Once entered the following details, an investor will come to know:
The maturity value of the FD
The total interest earned during the complete tenure
One of India’s premier financial Institutions, the UCO Bank is known for its qualitative deposit schemes.
Originated in 1943, the United Commercial Bank has a user-friendly net banking service with a detailed preview of the various schemes and services offered by this bank.
The two kinds of deposits offered by the UCO bank that are exceedingly popular among its customers are:
Fixed deposit
Recurring deposit
It is advisable to reconfirm the FD interest rate from the bank before making any decision.
Tenure | Regular interest rate | Senior citizen interest rate |
7 days to 14 days | 2.55% | 2.80% |
15 days to 30 days | 2.55% | 2.80% |
31 days to 45 days | 2.80% | 3.05% |
46 days to 90 days | 3.55% | 3.80% |
91 days to 180 days | 3.70% | 3.95% |
181 days to 364 days | 4.40% | 4.65% |
1 year | 5.10% | 5.35% |
1 year 1 day to 2 years | 5.10% | 5.60% |
2 years 1 day to 3 years | 5.10% | 5.60% |
3 years 1 day to 4 years 364 days | 5.30% | 5.80% |
5 years to 10 years | 5.10% | 5.60% |
Tenure | Interest rate |
7 days to 14 days | 3.05% |
15 days to 30 days | 3.25% |
31 days to 45 days | 3.25% |
46 days to 90 days | 3.25% |
91 days to 180 days | 3.05% |
181 days to 210 days | 3.05% |
211 days to 270 days | 3.05% |
271 days to 1 year | 3.65% |
> 1 year to 2 years | 3.65% |
> 2 years to 3 years | 3.00% |
> 3 years to 5 years | 3.00% |
5 years above | 3.00% |
Note: Interest rates mentioned here are for single term deposits of Rs 2 to 5 crores. For non-callable bulk term deposits, contact your bank representative.
Tenure | Interest rate |
7 days to 14 days | 3.05% |
15 days to 30 days | 3.25% |
31 days to 45 days | 3.25% |
46 days to 90 days | 3.25% |
91 days to 180 days | 3.05% |
181 days to 210 days | 3.05% |
211 days to 270 days | 3.05% |
271 days to 1 year | 3.90% |
> 1 year to 2 years | 3.90% |
> 2 years to 3 years | 3.00% |
> 3 years to 5 years | 3.00% |
5 years above | 3.00% |
Tenure | Interest rate |
7 days to 14 days | 3.05% |
15 days to 30 days | 3.25% |
31 days to 45 days | 3.25% |
46 days to 90 days | 3.25% |
91 days to 180 days | 3.05% |
181 days to 210 days | 3.05% |
211 days to 270 days | 3.05% |
271 days to 1 year | 3.90% |
> 1 year to 2 years | 3.90% |
> 2 years to 3 years | 3.00% |
> 3 years to 5 years | 3.00% |
5 years above | 3.00% |
Deposit Period | INTEREST RATE |
1 Year | 5.10% |
Above 1 year up to 2 years | 5.10% |
Above 2 years up to 3 years | 5.10% |
Above 3 years up to 5 years | 5.30% |
5 years and above | 5.10% |
Deposit Period | INTEREST RATE |
1 Year | 3.90% |
Above 1 year up to 2 years | 3.90% |
Above 2 years up to 3 years | 3.00% |
Above 3 years up to 5 years | 3.00% |
5 years and above | 3.00% |
Deposit Period | INTEREST RATE |
1 Year | 3.90% |
Above 1 year up to 2 years | 3.90% |
Above 2 years up to 5 years | 3.00% |
5 years and above | 3.00% |
Deposit Period | INTEREST RATE |
1 Year | 3.90% |
Above 1 year up to 2 years | 3.90% |
Above 2 years up to 5 years | 3.00% |
5 years and above | 3.00% |
Note: All interest rates mentioned here are subject to change at the sole discretion of the bank. Please confirm the rates with your bank or relationship manager before making the final decision.
MATURITY PERIOD | DEPOSIT AMOUNT | INTEREST RATE (p.a.) | |
General | Senior Citizen | ||
UCO Tax Saver Deposit Scheme 2006 | up to Rs. 1 lakh | 6.3% | 6.8% |
The amount invested in Fixed Deposit with a tenure of 5 years with UCO Bank is eligible for tax deduction under IT section 80C, whereas the interest earned on the investment is taxable.
The applicable tax will be deducted at source, i.e. UCO Bank, in case the annual interest earned crosses Rs. 10,000.
Note: Tax benefit is subject to changes in tax laws