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 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 Period | General (Non-Staff, Non-Senior Citizen) | General (Non-Staff, Senior Citizen |
---|---|---|
7 - 14 Days | 2.55% | 2.55% |
15 - 29 Days | 2.55% | 2.55% |
30 - 45 Days | 2.80% | 2.80% |
46 - 60 Days | 3.55% | 3.55% |
61 - 90 Days | 3.55% | 3.55% |
91 - 120 Days | 3.70% | 3.70% |
121 - 150 Days | 3.71% | 3.71% |
151-180 Days | 3.71% | 3.71% |
181 to 364 days | 4.42% | 4.42% |
1 year | 5.20% | 5.41% |
More than 1 year but upto 2 Years | 5.20% | 5.41% |
Above 2 Years upto 3 Years | 5.33% | 5.55% |
Above 3 Years and less than 5 Years | 5.70% | 6.05% |
5 years and above | 6.02% | 6.02% |
Source: Bank Website. W.e.f. 10.05.2022 |
UCO Bank FD Rates For Ex-Staff (Senior Citizens)
Time Period | Ex-Staff (Senior Citizen) Existing Rate | Ex-Staff (Senior Citizen) Revised Rate |
---|---|---|
7 - 14 Days | 2.80% | 2.80% |
15 - 29 Days | 2.80% | 2.80% |
30 - 45 Days | 3.05% | 3.05% |
46 - 60 Days | 3.80% | 3.80% |
61 - 90 Days | 3.80% | 3.80% |
91 - 120 Days | 3.95% | 3.95% |
121 - 150 Days | 3.96% | 3.96% |
151-180 Days | 3.96% | 3.96% |
181 to 364 days | 4.68% | 4.68% |
1 year | 5.46% | 5.67% |
More than 1 year but upto 2 Years | 5.72% | 5.93% |
Above 2 Years upto 3 Years | 5.88% | 6.10% |
Above 3 Years and less than 5 Years | 6.29% | 6.64% |
5 years and above | 6.67% | 6.67% |
Source: Bank Website. W.e.f. 10.05.2022 |