UCO Bank FD Interest Rates 2025

Top Guaranteed Return Plans 

Guaranteed return plans are an excellent choice for risk-averse investors. They offer the dual benefit of a fixed, assured return on your investment and life insurance coverage. Because they are not linked to the stock market, these plans provide stability and are unaffected by market fluctuations, giving you peace of mind and helping you achieve your long-term financial goals.

What is a UCO Bank Fixed Deposit?

UCO Bank Fixed Deposit is a financial instrument through which you can invest a certain sum of money for a predetermined period and earn guaranteed returns. The minimum deposit amount for UCO Bank FD is ₹1,000. UCO bank pays interest on different options, such as cumulative, monthly, or quarterly basis. Some of the most common FD products offered by UCO Bank include regular term deposits, UCO 444, UCO Green Deposit, Kuber Yojana, and monthly income schemes.

Information About FDs & Other Options 

It is always important to know what you have to choose when you are deciding on what to invest in. Fixed deposits are secure and give guaranteed returns, whereas products such as guaranteed return plans and mutual funds have varied growth and risk.

UCO Bank Fixed Deposit: Key Highlights 

UCO Bank FD: Latest Updates 

UCO Bank, Bank of Maharashtra, HDFC Bank, and North East Small Finance Bank, among others, reviewed and lowered their interest rates on their fixed deposits (FDs) in the week ending June 28, 2025. It is the final week of the quarter, and small savings deposit rates are also to be reviewed.

UCO Bank FD Interest Rates 2025

Revised rates below ₹ 3 Crore 

*UCO Bank FD interest rates w.e.f. August 26, 2025. 

Revised rates above ₹ 3 Crore

Note: UCO Bank FD interest rates w.e.f. September 17, 2025. TThe above interest rates are for general citizens and apply to deposit amounts from ₹3 crore to ₹10 crore.

Types of UCO Bank FD Schemes 

1. UCO 444 Days Fixed Deposit Scheme 

   A special fixed deposit for particular days, applicable on domestic retail term deposit below Rs 3 crore, including NRE/NRO, with interest rates of 6.60% pa for the general citizens and 7.10% for Senior Citizen.

   • Tenure - 444 days 
   • Minimum Deposit Amount -  Rs 10,000
   • Maximum Deposit Amount - Less than Rs. 3 crore
   • Interest Payout Options - monthly, quarterly, or at maturity
   • Senior Citizens Benefits - an additional 0.50% p.a.

2. UCO Monthly Income Scheme 

    It is a five-year fixed deposit designed to provide a regular monthly income.

   • Tenure - 5-year plan 
   • Minimum Deposit Scheme - Rs 50,000
   • Loan Facility - Yes, available 
   • Nomination Facility - Yes allowed

3. UCO Green Deposits 

   A fixed deposit designed to fund environmentally friendly projects.

   • Additional Benefit - 0.20% p.a. on regular FD rates
   • Tenure - 12 months, 1000 days, or 2000 days
   • Interest Payout Options - Monthly and Quarterly 
   • Nomination Facility - Allowed 
   • Premature Withdrawal - Permitted 

4. UCO Flexible Fixed Deposit Scheme 

   It is a reinvestment plan that allows you to withdraw a portion of your deposit before maturity.

   • Premature Withdrawal - Allowed in multiples of Rs 5,000
   • Auto-Renewal - Yes, available 
   • Investment Option - Flexible 
   • Process - Easy online process 

5. UCO Tax Saver Deposit Scheme – 2006 

   It is a five-year fixed deposit that helps you save on taxes.

   • TDS - Deductible up to ₹1.5 lakhs under Section 80C
   • Minimum deposit - ₹100
   • Nomination facility -  Available
   • Transferability or Loans - The deposit is not transferable or eligible for loans.

Key Benefits of UCO Bank Fixed Deposits

UCO Bank offers multiple FD schemes, each with its features. Here are the common benefits across most fixed deposit options:

• Higher Interest for Senior Citizens: Senior citizens depositing with UCO Bank receive additional interest benefits,0.25% extra for tenures up to 1 year and 0.50% extra for tenures exceeding 1 year, across all eligible FD schemes.
• Premature Withdrawal Facility: UCO Bank permits early withdrawal of fixed deposits before the maturity date. However, a penalty is applicable as per the bank’s predefined rates policy.
• Loan Against FD: UCO Bank offers a loan or overdraft facility of up to 90% of the fixed deposit amount, allowing customers to meet emergency financial needs without breaking their FD. The bank will levy applicable interest or charges.
• Different FD Options: UCO Bank offers various types of fixed deposits, including UCO Tax Saver Deposit Scheme and the Flexible Fixed Deposit Scheme, each tailored to suit different financial objectives.
• Auto Sweep Facility: UCO Bank provides an auto sweep for select savings accounts. This feature helps you earn better interest on surplus funds while maintaining liquidity.
• Nomination Facility: Under this scheme, the nomination facility is available, where you can add the details of your nominee of your choice in the FD.

How to Open a UCO Bank FD

You can open a UCO Bank FD through two convenient methods, online and offline. Below are the steps mentioned - 

 Online FD Account Opening

If you are an existing customer, you can easily open a UCO Bank FD online through the UCO mBanking Plus app or UCO Bank's NetBanking portal.

• Log in to the App/NetBanking: Open the UCO mBanking Plus app or log in to the NetBanking portal.
• Navigate to Deposits: Go to the 'Online Deposit' or 'Fixed Deposits' section.
• Fill in Details: Enter the deposit amount and choose your preferred tenure.
• Select Scheme & Payout: Select your desired FD scheme and choose a payout option.
• Review and Confirm: Review all the details, accept the terms and conditions, and submit your request.
• Get Confirmation: Your FD will be booked instantly, and you can download the FD receipt.

Offline FD Account Opening

For those who prefer a traditional banking experience, you can open a UCO Bank FD by visiting your nearest branch.

• Visit a UCO Bank Branch: Go to any UCO branch with the necessary documents.
• Fill the FD Form: Request and fill out the fixed deposit application form provided at the branch.
• Submit Documents: If you are a new customer, submit the required KYC documents such as your PAN and Aadhaar card.
• Deposit the Amount: Make the FD deposit using cash or a cheque.
• Choose Tenure & Payout: Specify your desired tenure and select your interest payout frequency.
• Receive the Receipt: The bank will process your request and issue a Fixed Deposit Receipt. 

Eligibility 

Individuals who fulfill the factors mentioned below are eligible to invest in UCO Bank FD schemes. - 

• Indian Citizen
• Member of HUF
• Companies, trusts, and societies 

Key Takeaways

UCO Bank Fixed Deposits offer returns across a variety of tenures, allowing individuals to choose investment durations that suit their financial plans. Features such as online and offline booking options, loan or overdraft facility against the deposit, nomination support, and additional interest for senior citizens add to the overall flexibility. Before investing, it's advisable to review and compare the best FD interest rates with those offered by other banks to make an informed decision.