UCO Bank FD Interest Rates

UCO bank FD rate ranges from 2.9% to 7.15% for different tenures. 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.

Read more
Best Investment Plans
  • Save upto ₹46,800 in tax under Sec 80C

  • Inbuilt Life Cover

  • Tax Free Returns Unlike FD+

Buy Online & Get upto 4% extra#
Get Guaranteed returns upto 7.5%*
Invest in 100% Guaranteed Return Plans with Tax benefits under sec 80C & No Tax on returns*
+91
Secure
We don’t spam
View Plans
Please wait. We Are Processing..
Your personal information is secure with us
Plans available only for people of Indian origin By clicking on "View Plans" you agree to our Privacy Policy and Terms of use #For a 55 year on investment of 20Lacs Tax benefit is subject to changes in tax laws
Get Updates on WhatsApp

Features of IDFC Bank Fixed Deposit

Investment Amount  Minimum - Rs.10,000 Maximum- No Maximum Limit
Tenure  Minimum - 7 daysMaximum- 10 Years
Interest Rate  Minimum - 4.00 %Maximum- 8.00%

UCO Bank FD Interest Rates in India (Domestic) 2023 – W.e.f. 09.01.2023

The following rates are for depositors of age 60 years and below (regular citizens).

Maturity Period Rate of Interest (%)
7-14 days 2.90
15-29 days 2.90
30-45 days 3.00
46-60 days 4.00
61-90 days 4.00
91-120 days 4.50
121-150 days 4.50
151-180 days 5.00
181-364 days 6.00
1 Year 6.75
Above 1 year up to 443 days 6.50
Above 445 days and up to 665 days 6.50
Above 667 days and up to 2 years 6.50
Above 2 Years and up to 3 years 6.30
Above 3 years and below 5 years 6.20
5 years and above 6.10
444 days 7.00
666 days 7.15

Note: Interest rates are subject to change.

Additional interest is payable on the deposits made by senior citizens/staff/ex-staff/ex-staff senior citizens. These rates are in addition to the regular rates for specified categories of individuals.

Category Tenure up to 1 Year Tenure Above 1 Year
Staff 1.00% 1.00%
Senior Citizens 0.25% 0.50%
Retired Staff Senior Citizens 1.25% 1.50%

UCO Bank Fixed Deposit

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

Domestic Bulk Term Deposit for 2 to 10 crores 2023 (w.e.f. 28.11.2022)

Tenure  Regular Rate of Interest (%)
7 days to 14 days 5.90
15 days to 30 days 5.90
31 days to 45 days 6.15
46 days to 90 days 6.15
91 days to 180 days 6.15
181 days to 210 days 6.15
211 days to 270 days 6.15
271 days to 1 year 7.20
More than 1 year to 2 years 7.20
More than 2 years to 3 years 5.50
More than 3 years to 5 years 5.50
5 years and above 5.50

Allahabad Bank FD Interest Rates

Allahabad Bank FD Interest Rates

Andhra Bank FD Interest Rates

Andhra Bank FD Interest Rates

Assam Gramin Vikash Bank FD Interest Rates

Assam Gramin Vikash Bank FD Interest Rates

AU Small Finance Bank FD Interest Rates

AU Small Finance Bank FD Interest Rates

Axis Bank FD Rates

Axis Bank FD Rates

Bajaj Finance FD Interest Rates

Bajaj Finance FD Interest Rates

Bandhan Bank FD Interest Rates

Bandhan Bank FD Interest Rates

Bangiya Gramin Vikash Bank FD Interest Rates

Bangiya Gramin Vikash Bank FD Interest Rates

Bank of Baroda FD Interest Rates

Bank of Baroda FD Interest Rates

Bank of Ceylon FD Interest Rates

Bank of Ceylon FD Interest Rates

Bank of India FD Interest Rates

Bank of India FD Interest Rates

Bank of Maharashtra FD Interest Rates

Bank of Maharashtra FD Interest Rates

Baroda Gujarat Gramin Bank FD Interest Rates

Baroda Gujarat Gramin Bank FD Interest Rates

Canara Bank FD Interest Rates

Canara Bank FD Interest Rates

Capital Small Finance Bank FD Interest Rates

Capital Small Finance Bank FD Interest Rates

Central Bank of India FD Interest Rates

Central Bank of India FD Interest Rates

Citibank FD Interest Rates

Citibank FD Interest Rates

City Union Bank FD Interest Rates

City Union Bank FD Interest Rates

Corporation Bank FD Interest Rates

Corporation Bank FD Interest Rates

Dakshin Bihar Gramin Bank FD Interest Rates

Dakshin Bihar Gramin Bank FD Interest Rates

DBS Bank FD Interest Rates

DBS Bank FD Interest Rates

Dena Bank FD Interest Rates

Dena Bank FD Interest Rates

Dhanlaxmi Bank FD Interest Rates

Dhanlaxmi Bank FD Interest Rates

Equitas Small Finance Bank FD Interest Rates

Equitas Small Finance Bank FD Interest Rates

ESAF Small Finance Bank FD Interest Rates

ESAF Small Finance Bank FD Interest Rates

HDFC Bank FD Interest Rates

HDFC Bank FD Interest Rates

HSBC FD Interest Rates

HSBC FD Interest Rates

ICICI Bank FD Interest Rates

ICICI Bank FD Interest Rates

IDBI Bank FD Interest Rates

IDBI Bank FD Interest Rates

IDFC First Bank FD Interest Rates

IDFC First Bank FD Interest Rates

Indian Bank FD Interest Rates

Indian Bank FD Interest Rates

Indian Overseas Bank FD Interest Rates

Indian Overseas Bank FD Interest Rates

IndusInd Bank FD Interest Rates

IndusInd Bank FD Interest Rates

Jana Small Finance Bank FD Interest Rates

Jana Small Finance Bank FD Interest Rates

Karnataka Bank FD Interest Rates

Karnataka Bank FD Interest Rates

Kerala Gramin Bank FD Interest Rates

Kerala Gramin Bank FD Interest Rates

Kotak Mahindra Bank FD Interest Rates

Kotak Mahindra Bank FD Interest Rates

Lakshmi Vilas Bank FD Interest Rates

Lakshmi Vilas Bank FD Interest Rates

Muthoot Capital

Muthoot Capital

Nainital Bank FD Interest Rates

Nainital Bank FD Interest Rates

Odisha Gramya Bank FD Interest Rates

Odisha Gramya Bank FD Interest Rates

Paschim Banga Gramin Bank FD Interest Rates

Paschim Banga Gramin Bank FD Interest Rates

Paytm Payments Bank FD Interest Rates

Paytm Payments Bank FD Interest Rates

PNB FD Interest Rates

PNB FD Interest Rates

Prathama UP Gramin Bank FD Interest Rates

Prathama UP Gramin Bank FD Interest Rates

RBL Bank FD Rates

RBL Bank FD Rates

Saurashtra Gramin Bank FD Interest Rates

Saurashtra Gramin Bank FD Interest Rates

SBI FD Interest Rates

SBI FD Interest Rates

Shriram Finance FD Interest Rates

Shriram Finance FD Interest Rates

State Bank of Hyderabad FD Interest Rates

State Bank of Hyderabad FD Interest Rates

State Bank of Mysore FD Interest Rates

State Bank of Mysore FD Interest Rates

State Bank of Travancore FD Interest Rates

State Bank of Travancore FD Interest Rates

Syndicate Bank FD Interest Rates

Syndicate Bank FD Interest Rates

Tamil Nadu Grama Bank FD Interest Rates

Tamil Nadu Grama Bank FD Interest Rates

Telangana Grameena Bank FD Interest Rates

Telangana Grameena Bank FD Interest Rates

Tripura Gramin Bank FD Interest Rates

Tripura Gramin Bank FD Interest Rates

Ujjivan Small Finance Bank FD Interest Rates

Ujjivan Small Finance Bank FD Interest Rates

Union Bank of India FD Interest Rates

Union Bank of India FD Interest Rates

Uttar Bihar Gramin Bank FD Interest Rates

Uttar Bihar Gramin Bank FD Interest Rates

Uttarakhand Gramin Bank FD Interest Rates

Uttarakhand Gramin Bank FD Interest Rates

Vijaya Bank FD Interest Rates

Vijaya Bank FD Interest Rates

Yes Bank FD Interest Rates

Yes Bank FD Interest Rates

Expand

UCO Bank FD Interest Rates in India (Non-Resident Indian)

  1. NRE Term Deposits of up to 2 crores 2023 – w.e.f. 09.01.2023

    Tenure  General Rate of Interest (%)
    1 Year 6.75
    Above 1 year to 2 years 6.50
    Above 2 years to 3 years 6.30
    Above 3 years to 5 years 6.20
    5 years and above 6.10
  2. Bulk NRE Term Deposit from 2 crores to 10 crores 2023 – w.e.f. 10.03.2023

    Tenure Regular FD rates (p.a.) (%)
    1 year 7.10
    More than 1 year to 2 years 7.10
    More than 2 years to 3 years 5.50
    More than 3 years to 5 years 5.50
    Above 5 years 5.50
  3. Bulk NRE Term Deposit 10 crores to 100 crores – w.e.f. 10.03.2023

    Tenure  General Rate of Interest (%)
    1 year 7.10
    Above 1 year up to 2 years 7.10
    Above 2 years up to 5 years 5.50
    Above 5 years 5.50

    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. 

    Customers should also contact the nearest UCO Bank branch to make deposits of 10 crores and above.

FD interest rates India have fallen consistently over the last 10 years.
Invest in Plans that offer Guaranteed Returns for over 25 Years

Features of UCO Bank Fixed Deposit

  1. Investment Amount

    One should invest a minimum of INR 1,000 in opening an FD account in UCO bank. However, there is no limit to the maximum amount. The investor can allocate any amount in multiples of 1,000 thereafter to receive higher interest rates. 

  2. Tenure

    7 days is the minimum tenure of the UCO Bank FD deposit. The maximum tenure is regarded as 10 years by the bank. 

  3. Interest Rate

    One can fetch 2.75% as the minimum interest rate. The maximum interest rate for FD deposits is 7.15%.

Types of UCO Bank FDs

The FD schemes of UCO Bank are available with two payout modes:

  • Monthly pay-out: Under this mode, the investor may withdraw the interest amount he generates on a monthly basis.

  • Quarterly pay-out: Under this mode, the investor is likely to withdraw the income quarterly. However, the interest keeps accumulating on a monthly basis. 

All investors can use the FD calculator available on the bank’s website that helps choose the right Fixed Deposit Scheme to suit customized needs or goals.

About UCO Bank Fixed Deposit Interest Rate Calculator

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:

  • Amount that is invested

  • Rate of Interest offered

  • Tenure of the Fixed Deposit Account

  • Compounding period, that is, yearly, half-yearly, quarterly, or monthly

  • FD Amount

Once entered the following details, an investor will come to know:

  • Maturity value of the FD

  • Total interest earned during the complete tenure

Tax Implications

  • The amount invested in Fixed Deposit with 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.

FAQ's

  • What are the required documents to open an FD account?

    The following documents are required for opening an FD account:
    • FD application form
    • Proof of Identity
    • Proof of address
    • Two passport-size color photographs
  • Who are eligible to open an account in UCO Bank?

    The following types of individuals are eligible to open an FD account with the bank:
    • Resident Indian
    • Partnership firms
    • Joint-stock companies
    • Educational institutions and trusts
    • Executors and administrators
  • Is premature withdrawal allowed in UCO Bank fixed deposits?

    Premature withdrawal of funds is allowed with a penalty of 1% on the interest of FD.
  • Is a PAN card mandatory to open an FD account in UCO Bank?

    A PAN card is not mandatory. However, the bank is entitled to deduct 20% TDS instead of 10%.
  • Am I allowed to make an additional payment in the existing FD?

    Additional payment is not allowed. However, the depositor may open a new FD account.

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
+ Trad plans with a premium above 5 lakhs would be taxed as per applicable tax slabs post 31st march 2023

FD Calculator

Total Investment

₹500 ₹30L
Enter Total Investment

Rate of Interest (Yearly)

1% 15%
Rate of Interest (Yearly)

Time Period

1 Year 15 Years
Enter Time Period
Interest Earned
Maturity Amount

FD Rates articles

Recent Articles
Popular Articles
Monthly FD Interest on ₹1 Crore

15 Apr 2024

A Fixed Deposit (FD) scheme helps to earn monthly FD interest on
Read more
Monthly FD Interest on ₹50 Lakh

11 Apr 2024

This article will help you to explore the potential returns of
Read more
How to Make the Most of Your Fixed Deposits with a Fixed Deposit Calculator in 2024

08 Jan 2024

Fixed deposits, with their guaranteed returns and relative
Read more
Mistakes To Avoid While Choosing Corporate Fixed Deposit

08 Jan 2024

When it comes to choosing Corporate Fixed Deposits, steering
Read more
How Does an FD Calculator Help Select the Right FD Scheme in 2024?

08 Jan 2024

In 2024, the role of Fixed Deposit calculators becomes
Read more
Application for Withdrawal of Fixed Deposit
Fixed Deposits are the safest investment instruments. You invest the amount of your choice as the fixed deposit
Read more
Which Bank has the Highest Interest Rate for Fixed Deposit?
The Small Finance Banks offer the highest FD interest rates for a tenure between 7 days to 10 years. Unity Small
Read more
SBI Fixed Deposit Monthly Income Scheme
Fixed deposits are the safest investment vehicles for Indian financial planners. You can open a fixed deposit
Read more
Nominee Vs Legal Heirs for Fixed Deposits
Fixed deposits are a popular investment option for individuals who wish to earn a stable rate of interest on
Read more
SBI Fixed Deposit Double Scheme
The SBI Fixed Deposit Double Scheme is named Special Term Deposit to cater to investors looking to double their
Read more

top
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL