UCO Bank FD Interest Rates

UCO Bank also offers attractive fixed deposit interest rates. UCO Bank FD interest rates vary according to tenure and schemes. However, in our Previous, articles we compared all banks Fixed Deposits interest rates for the year 2023 which helps readers to decide which bank they should open their term deposit account. Basically, UCO Bank offers FD interest rates not only for the general public but also for senior citizens of India. In this article we are going to discuss in detail about the latest UCO Bank revised FD Interest Rates for 2023.

UCO Bank Fixed Deposit Rate (Less than Rs 2 crores w.e.f. 12.06.2023)

Tenure	For General Public	For Senior Citizens
7 days -14 days	2.90%	3.15%
15 days -29 days	2.90%	3.15%
30 days -45 days	3.00%	3.25%
46 days-60 days	4.00%	4.25%
61 days-90 days	4.00%	4.25%
91 days-120 days	4.50%	4.75%
121 days-150 days	4.50%	4.75%
151 days-180 days	5.00%	5.25%
181 days-364 days	6.00%	6.25%
1 year	6.50%	6.75%
Above 1 Year – 443 days	6.50%	7.00%
445 days -2 Years	6.50%	7.00%
2 years – 3 years	6.30%	6.80%
Above 3 years – 5 years	6.20%	6.70%
Above 5 years	6.10%	6.60%
444 days	7.05%	7.55%

Note: The rate of interest for term deposits in the case of NRO is the same as the rate in the case of Domestic term deposits.

UCO Bank also offers an additional Interest rate for Senior citizens/staff/ex-staff/ex-staff. Sr. citizen on deposit up to 1 year and above is as under:

	Tenor Up to One Year	Tenors above One Year
Staff	1.00%	1.00%
Senior Citizen	0.25%	0.50%
Retired Staff Senior Citizen	1.25%	1.50%

UCO Bank Domestic/NRO FD Interest rates ( Above 2 Cr to Rs.10 Cr w.e.f. 28.11.2022)

Tenure	Single Term Deposit	Single Non-Callable Bulk Term Deposit
7 Days- 14 Days	5.90	5.95
15 Days- 30 Days	5.90	5.95
31 Days- 45 Days	6.15	6.20
46 Days- 90 Days	6.15	6.20
91 Days- 180 Days	6.15	6.20
181 Days – 210 Days	6.15	6.20
211 days to 270 days	6.15	6.20
271 days to 1 year	7.20	7.25
1 year to 2 year	7.20	7.25
2 year to 3 year	5.50	5.55
3 year to 5 year	5.50	5.55
Above 5 years	5.50	–

Note: For Domestic Term Deposits and Non-Callable Bulk Term Deposits for above Rs. 10 Crore Customers should contact the nearest UCO bank branch for more information about interest rates.

UCO Non-Resident External (NRE) Fixed Deposits Interest Rates (less than Rs 2 crore w.e.f 13.06.2023)

Tenure	Revised Rate of NRE Term Deposits from Less than Rs 2 Cr
1 Year	6.50%
1 Year – 443 days	6.50%
445 days -2 Years	6.50%
Above 2 Years – 3 Years	6.30%
Above 3 Years – 5 Years	6.20%
5 Years and above	6.10%
444 days	7.05%

 

UCO NRE Term Deposit Rates (Rs 2 Cr to Rs.10 Crore w.e.f. 10.03.2023)

Tenure	Single NRE Term Deposit Rs. 2 Cr to Rs. 10.00 Crore
1 year	7.10
Above 1 year to 2 years	7.10
2 years but less than 3 years	5.50
3 years but less than 5 years	5.50
5 years & above	5.50

 

UCO NRE Term Deposit Rates (above Rs.10. Crore w.e.f. 10.03.2023)

Tenure	Above Rs. 10 Cr to Rs. 50 Cr	Above Rs. 50 Cr to Rs.100 Cr	Above Rs.100 Cr
1 year	7.10	7.10	7.10
1 year to 2 years	7.10	7.10	7.10
2 years to 5 years	5.50	5.50	5.50
5 years & above	5.50	5.50	5.50

Note:- Click Here, for more information about the latest UCO bank FD interest rate.