UCO Bank is a leading public sector bank in India, known for its reliable financial services. It offers fixed deposits with competitive interest rates and flexible tenures, with higher rates for senior citizens. Use the calculator to easily estimate your potential interest earnings and maturity amounts, helping you plan your investments effectively.
Here is the interest rate table for fixed deposits of less than 3 crore:
| Tenure | General Customers (%) | Senior Citizen (%) |
|---|---|---|
| 7-14 days | 2.90 | 3.15 |
| 15-29 days | 2.90 | 3.15 |
| 30-45 days | 3.00 | 3.25 |
| 46-60 days | 3.50 | 3.75 |
| 61-90 days | 3.50 | 3.75 |
| 91-120 days | 4.50 | 4.75 |
| 121-150 days | 4.50 | 4.75 |
| 151-180 days | 5.00 | 5.25 |
| 181-364 days | 5.50 | 5.75 |
| 1 Year | 6.50 | 7.00 |
| Above 1Yr – 399 days | 6.50 | 7.00 |
| 400 days | 7.05 | 7.55 |
| Above 401 Days – 2 Yrs | 6.50 | 7.00 |
| Above 2yrs – 3yrs | 6.30 | 6.80 |
| Above 3yrs – 5yrs | 6.20 | 6.70 |
| Above 5 yrs | 6.10 | 6.60 |
Data last updated on 01/09/2024. Check latest interest rates here.
UCO Bank FD Calculator
UCO Bank FD FAQs
What is the minimum amount required to open a Fixed Deposit at UCO Bank?
The minimum amount required to open a Fixed Deposit is ₹1,000.
How is interest applied to UCO Bank Fixed Deposits?
Interest is compounded quarterly and the total amount of interest is paid at maturity.
Can I withdraw my Fixed Deposit prematurely?
Yes, you can withdraw prematurely, but penal charges apply. For deposits less than ₹15 lakhs and up to less than ₹1 crore, the penalty is 1% below the applicable rate. For deposits of ₹1 crore and above, the penalty is 2% below the applicable rate.