Many investors prefer fixed deposits (FDs) to avoid market risks. FDs provide safe and guaranteed returns, making them popular among people seeking secure income.
Among the options available, UCO Bank’s FD scheme stands out, offering attractive interest and long-term benefits.
Earn Big with Just ₹1 Lakh
By depositing ₹1 lakh in UCO Bank’s FD, investors can earn up to ₹21,879 in interest at maturity, making it one of the most profitable FD options compared to other banks.
UCO Bank offers FD tenures from 7 days to 10 years, allowing investors to choose according to their convenience.
Interest rates range from 2.90% to 7.95%, with higher rates for senior citizens and bank staff. This scheme ensures stable, risk-free income.
Special Interest Rates for UCO Bank FD
UCO Bank has introduced a special 444-day FD offering high returns.
General citizens: 6.45%
Senior citizens: 6.95%
Retired senior citizen staff: 7.95%
Additionally, retired employees get extra interest: 1.25% on FDs less than 1 year and 1.50% on FDs over 1 year, ensuring better returns.
Example: Investment of ₹1 Lakh
A 3-year FD investment of ₹1 lakh offers:
| Category | Interest Rate (%) | Investment Amount | Duration | Maturity Amount | Fixed Interest | Additional Info |
|---|---|---|---|---|---|---|
| Ordinary Citizens | 6.45% | ₹1,00,000 | 3 years | ₹1,20,093 | ₹20,093 | Safe and assured returns |
| Senior Citizens | 6.95% | ₹1,00,000 | 3 years | ₹1,21,879 | ₹21,879 | Safe and assured returns |
| Retired Senior Citizen Staff | 7.95% | ₹1,00,000 | 444 days | – | – | +1.25% (<1 year), +1.50% (>1 year) |
This FD ensures guaranteed returns, making it ideal for investors looking for secure, long-term wealth growth.
Safe and Risk-Free Investment
UCO Bank’s FD provides a fixed interest rate with no hidden conditions, guaranteeing the full principal and interest upon maturity. This makes it a highly secure investment option.
