Interest Rate Deposit Account

Domestic Schemes

DOMESTIC DEPOSITS

Savings Bank Rate of Interest w.e.f 10.04.2022:-

 

Balance Rate of Interest
Upto Rs. 10 Lakhs 2.60%
Over Rs. 10 lakhs 2.75%

Rate(s) of Interest on Domestic Term Deposits less than Rs. 3 Crores (w.e.f 24-09-2024) as under:

Maturity Period ROI for General Customer Rate (%) Yield in (%)
7-14 days 2.90% 2.90%
15-29 days 2.90% 2.90%
30-45 days 3.00% 3.00%
46-60 days 3.50% 3.50%
61-90 days 3.50% 3.50%
91-120 days 4.50% 4.50%
121-150 days 4.50% 4.51%
151-180 days 5.00% 5.02%
181-332 days 5.50% 5.54%
333 days 7.30% 7.48%
334-364 5.50% 5.60%
1 year 6.50% 6.66%
Above 1 Yr-399 days 6.50% 6.66%
400 days 7.05% 7.27%
401 days to 2 yrs 6.50% 6.66%
Above 2 yrs - 3 yrs 6.30% 6.66%
Above 3 yrs - 5 yrs 6.20% 6.76%
Above 2 yrs - 3 yrs 6.10% 7.07%

Note : *400 Day Special Scheme is also valid for NRE Term Deposit Scheme.

The Additional Interest payable on deposits of Senior citizen/staff/ex staff /Ex staff. Sr. citizen above the “General Customer interest rate” is as under:

 

 

Tenor Up to One Year

Tenor above One Year

Staff

1.00%

Senior Citizen

0.25%

0.50%

Retired staff Senior Citizen

1.25%

1.50%

Rate of Interest for 'UCO Green Deposits' :

a) For Retail Deposits (Less than Rs. 3.00 Cr): Applicable Card Rate + 0.20%,

Tenor

Rate

Effective ROI%

12 Months

Applicable Card Rate for Retail Deposits + 0.20%

6.70% (Card Rate+20 bps)

1000 Days

6.50% (Card Rate+20 bps)

2000 Days

6.30% (Card Rate+20 bps)

Bulk Term Deposits Rs.3.00 Cr & above and up to & including Rs.10 Cr w.e.f. 24/09/2024

Sl. No.

Deposit period

Single Term Deposit Rs. 3 Cr and above  and upto & including Rs. 10.00 Cr

Single Non- Callable Bulk Term Deposit Rs. 3 Cr & above upto and including Rs. 10.00 Cr

Existing

Revised

Existing

Revised

1

7 - 14 Days

5.90

5.75

5.90

5.75

2

15 - 30 Days

5.90

5.90

5.90

5.90

3

31 - 45 Days

6.15

6.00

6.20

6.00

4

46 - 90 Days

6.15

6.15

6.20

6.20

5

91 - 180 Days

6.15

6.15

6.20

6.20

6

181 - 210 Days

6.15

6.15

6.20

6.20

7

211 days to 270 days

6.15

6.15

6.20

6.20

8

271 days to 1 year

6.75

6.75

6.80

6.80

9

>1 year to 2 year

6.50

6.50

6.55

6.55

10

>2 year to 3 year

6.00

6.00

6.05

6.05

11

>3 year to 5 year

5.50

5.50

5.55

5.55

12

Above 5 years

5.50

5.50

-

-

 

Rate of Interest for 'UCO Green Deposits' :

For Bulk Deposits i.e Rs. 3.00 Cr and above: Rate of Interest will be 0.10% less than applicable card rate.

Domestic Bulk Deposit above Rs. 10 Crores :

A) Single Domestic Term Deposit above Rs. 10 Crs :

Customer are requested to contact the nearest branch for interest rate of bulk deposit above Rs. 10 Crs.

B) Non-Callable Bulk Term Deposit above Rs. 10 Crs :

Customer are requested to contact the nearest branch for interest rate of bulk deposit above Rs. 10 Crs.

 

Note :

*** If the deposit has actually remained with the Bank for a period less than 6 months the interest thereon shall be paid at simple rate.

*** If the fixed deposit has actually remained with the Bank for a minimum period of six months, then the interest on deposit will be compounded on quarterly rests.

"UCO Bank is adopting the method of reckoning the year at 366 days in a Leap year and 365 days in other years."

 

top

Fixed deposit carousel

bottomslider_wc