UCO Bank Unveils Special Term Deposit Plans, Raises FD Interest Rates

For 7 – 14 days: The existing interest rate calculated was at 2.55% per annum and got revised to 2.90% per annum. For senior citizens, the existing interest rate was at 2.80%, which got revised to 3.15% per annum for the same tenure.

For 15 – 29 days: The existing interest rate calculated was at 2.55% per annum and got revised to 2.90% per annum. For senior citizens, the existing interest rate was at 2.80%, which got revised to 3.15% per annum for the same tenure.

For 30 – 45 days: The existing interest rate calculated was at 2.80% per annum and got revised to 3% per annum. For senior citizens, the existing interest rate was at 3.05%, which got revised to 3.25% per annum for the same tenure.

For 46 – 60 days: The existing interest rate calculated was at 3.55% per annum and got revised to 3.50% per annum. For senior citizens, the existing interest rate was at 3.80%, which got revised to 3.75% per annum for the same tenure.

For 61 – 90 days: The existing interest rate calculated was at 3.55% per annum and got revised to 3.50% per annum. For senior citizens, the existing interest rate was at 3.80%, which got revised to 3.75% per annum for the same tenure.

For 91 – 120 days: The existing interest rate calculated was at 3.70% per annum and got revised to 3.75% per annum. For senior citizens, the existing interest rate was at 3.95%, which got revised to 4% per annum for the same tenure.

For 121 – 150 days: The existing interest rate calculated was at 3.70% per annum and got revised to 3.75% per annum. For senior citizens, the existing interest rate was at 3.95%, which got revised to 4% per annum for the same tenure.

For 151 – 180 days: The existing interest rate calculated was at 3.70% per annum and got revised to 3.75% per annum. For senior citizens, the existing interest rate was at 3.95%, which got revised to 4% per annum for the same tenure.

For 181 – 364 days: The existing interest rate calculated was at 4.40% per annum and got revised to 4.65% per annum. For senior citizens, the existing interest rate was at 4.65%, which got revised to 4.90% per annum for the same tenure.

For 1 year: The existing interest rate calculated was at 5.30% per annum and got revised to 5.75% per annum. For senior citizens, the existing interest rate was at 5.55%, which got revised to 6% per annum for the same tenure.

For more than a year but up to 2 years: The existing interest rate calculated was at 5.30% per annum and got revised to 5.75% per annum. For senior citizens, the existing interest rate was at 5.80%, which got revised to 6.25% per annum for the same tenure.

For above 2 years and up to 3 years: The existing interest rate calculated was at 5.30% per annum and got revised to 5.60% per annum. For senior citizens, the existing interest rate was at 5.80%, which got revised to 6.10% per annum for the same tenure.

For above 3 years and less than 5 years: The existing interest rate calculated was at 5.60% per annum and got revised to 5.60% per annum. For senior citizens, the existing interest rate was at 6.10%, which got revised to 6.10% per annum for the same tenure.

For 5 years and above: The existing interest rate calculated was at 5.30% per annum and got revised to 5.50% per annum. For senior citizens, the existing interest rate was at 5.80%, which got revised to 6% per annum for the same tenure.

Moreover, UCO Bank is also offering an additional interest rate of 1.00% to staff and ex-staff, and an additional interest rate of 1.50% to ex-workers who are senior citizens.