For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

UCO Bank Makes Interest Revision On Fixed Deposits (W.e.f. 10.05.2022)

|

UCO Bank, a public sector lender, has revised interest rates on fixed deposits of less than Rs 2 crore. The new rates go into effect today, May 10th, 2022, and the bank now promises a rate of 2.55 per cent to 6.02 per cent to both normal and senior persons as a result of the modification.

 
UCO Bank Makes Interest Revision On Fixed Deposits (W.e.f. 10.05.2022)

UCO Bank FD Rates 2022

The bank pays 2.55 per cent interest on deposits maturing in 7 to 29 days to both regular and elderly residents. On deposits maturing in 30 - 45 days, UCO Bank is now giving a 2.80 per cent interest rate to both regular and senior citizens, whereas on deposits maturing in 46 - 90 days, both customer categories will receive a 3.55 per cent interest rate. Regular customers and elderly citizens can now get 3.70 per cent and 3.71 per cent on deposits maturing in 91-120 days and 121-180 days, respectively. UCO Bank is currently giving the general public and senior citizens a 4.42 per cent interest rate on deposits maturing in 181 to 364 days.

On deposits maturing in one to two years, UCO Bank gives a standard rate of 5.20 per cent, with senior people receiving a rate of 5.41 percent. Regular customers will now get a 5.33 per cent interest rate on term deposits maturing between two and three years, while senior citizens will receive a 5.55 per cent interest rate. On fixed deposits maturing in above 3 Years and less than 5 Years, UCO Bank will offer a regular rate of 5.70% and senior citizens will get an interest rate of 6.05%, whereas on deposits maturing in 5 years and above both regular customers and senior citizens will receive an interest rate of 6.02%.

Time PeriodGeneral (Non-Staff, Non-Senior Citizen)General (Non-Staff, Senior Citizen
7 - 14 Days2.55%2.55%
15 - 29 Days2.55%2.55%
30 - 45 Days2.80%2.80%
46 - 60 Days3.55%3.55%
61 - 90 Days3.55%3.55%
91 - 120 Days3.70%3.70%
121 - 150 Days3.71%3.71%
151-180 Days3.71%3.71%
181 to 364 days4.42%4.42%
1 year5.20%5.41%
More than 1 year but upto 2 Years5.20%5.41%
Above 2 Years upto 3 Years5.33%5.55%
Above 3 Years and less than 5 Years5.70%6.05%
5 years and above6.02%6.02%
Source: Bank Website. W.e.f. 10.05.2022

UCO Bank FD Rates For Ex-Staff (Senior Citizens)

Time PeriodEx-Staff (Senior Citizen) Existing RateEx-Staff (Senior Citizen) Revised Rate
7 - 14 Days2.80%2.80%
15 - 29 Days2.80%2.80%
30 - 45 Days3.05%3.05%
46 - 60 Days3.80%3.80%
61 - 90 Days3.80%3.80%
91 - 120 Days3.95%3.95%
121 - 150 Days3.96%3.96%
151-180 Days3.96%3.96%
181 to 364 days4.68%4.68%
1 year5.46%5.67%
More than 1 year but upto 2 Years5.72%5.93%
Above 2 Years upto 3 Years5.88%6.10%
Above 3 Years and less than 5 Years6.29%6.64%
5 years and above6.67%6.67%
Source: Bank Website. W.e.f. 10.05.2022

Story first published: Tuesday, May 10, 2022, 14:43 [IST]
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X