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The bank also offers various fixed deposit products for NRIs, such as NRE, RFC and FCNR (B) fixed deposits. UCO Bank accepts FCNR (B) fixed deposits and RFC fixed deposits in US Dollars (USD), British Pound Sterling (GBP), Euro (EUR), Japanese Yen (JPY), Canadian Dollar (CAD), Australian Dollar (AUD), Singapore dollar (SGD) and Hong Kong dollar (HKD).
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UCO Bank FD Interest Rates (p.a.) Highlights |
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| Highest slab rate | 6.45% (for 444 days) |
| For 1 year | 6.10% (6.30% p.a. if UCO Green Deposit account is opened) |
| For 2 years | 6.10% |
| For 3 years | 6.00% |
| For 4 years | 6.00% |
| For 5 years | 6.00% |
| Tax-Saving FD | 6.00% |
The interest rates are updated as of 27 January 2026
Book FDs at Interest rate upto 8.00% p.a
Manage all FDs in one place
No Bank A/C Required
UCO Bank FD Rates
Fixed Deposit Rates on Domestic deposits of less than Rs 3 crore w.e.f. 11 December 2025
| Tenure | Interest Rates (% p.a.) | |
| Regular Citizens | Senior Citizens | |
| 7 days to 14 days | 2.90 | 3.15 |
| 15 days to 29 days | 2.90 | 3.15 |
| 30 days to 45 days | 3.00 | 3.25 |
| 46 days to 60 days | 3.50 | 3.75 |
| 61 days to 90 days | 3.50 | 3.75 |
| 91 days to 120 days | 4.25 | 4.50 |
| 121 days to 150 days | 4.25 | 4.50 |
| 151 days to 180 days | 4.75 | 5.00 |
| 181 days to 332 days | 5.00 | 5.25 |
| 333 days | 6.30 | 6.55 |
| 334 days to 364 days | 5.00 | 5.25 |
| 1 year | 6.10 | 6.35 |
| Above 1 year to 443 days | 6.10 | 6.60 |
| 444 days | 6.45 | 6.95 |
| 445 days to 2 years | 6.10 | 6.60 |
| Above 2 years to 3 years | 6.00 | 6.50 |
| Above 3 years to 5 years | 6.00 | 6.50 |
| Above 5 years | 6.00 | 6.50 |
Note: UCO Bank offers an additional 0.25% interest rate to senior citizens on deposits up to 1 year and a 0.50% interest rate on deposits above 1 year.
Want to know the expected returns on your FD? Click here
Comparison of Top 20 Scheduled Banks based on FD Rates
Banks | Highest FD rate (% p.a.) | 1-year FD rate (% p.a.) | 3-year FD rate (% p.a.) | 5-year FD rate (% p.a.) | Additional interest rate for senior citizens (% p.a.) |
| Suryoday Small Finance Bank | 8.00 | 7.25 | 7.25 | 8.00 | 0.20 |
| Jana Small Finance Bank | 7.77 | 7.00 | 7.50 | 7.77 | 0.50 |
| ESAF Small Finance Bank | 7.60 | 4.75 | 6.00 | 5.75 | 0.50 |
| Utkarsh Small Finance Bank | 7.50 | 6.00 | 7.50 | 7.00 | 0.50 |
| Ujjivan Small Finance Bank | 7.45 | 7.25 | 7.20 | 7.20 | 0.50 |
| Equitas Small Finance Bank | 7.30 | 7.00 | 7.00 | 7.00 | 0.50 |
| Shivalik Small Finance Bank | 7.30 | 6.00 | 7.00 | 6.50 | 0.50 |
| Bandhan Bank | 7.20 | 7.00 | 7.00 | 5.85 | 0.50-0.75 |
| DCB Bank | 7.15 | 6.90 | 7.00 | 7.00 | 0.25-0.50 |
| RBL Bank | 7.20 | 7.00 | 7.20 | 6.70 | 0.50 |
| Capital Small Finance Bank | 7.15 | 7.00 | 7.00 | 6.90 | 0.50 |
| SBM Bank | 7.30 | 7.00 | 7.10 | 7.00 | 0.50 |
| AU Small Finance Bank | 7.10 | 6.35 | 7.10 | 6.75 | 0.50 |
| Central Bank of India | 6.75 | 6.40 | 6.25 | 6.25 | 0.50 |
| YES Bank | 7.00 | 6.65 | 7.00 | 6.75 | 0.50-0.75 |
| Induslnd Bank | 7.00 | 6.75 | 6.90 | 6.65 | 0.50 |
| Unity Small Finance Bank | 6.75 | 6.50 | 6.75 | 6.75 | 0.50 |
| Federal Bank | 6.75 | 6.25 | 6.75 | 6.50 | 0.50 |
| Bank of India | 6.70 | 6.25 | 6.25 | 6.00 | 0.50 |
UCO Bank Tax Saver Deposit (UCO Tax Saver Scheme)
| Tenure | Interest Rate (% p.a.) | |
| Regular Citizens | Senior Citizens | |
| 5 years | 6.00 | 6.50 |
Explore Investment Options:
| Bonds in India | Types of Bonds | Bonds vs FD |
| Corporate Bonds | Tax Free Bonds | Capital Gain Bonds |
| Government Bonds | Zero Coupon Bonds | Floating Rate Bonds |
UCO Green Fixed Deposit Rates on deposits of less than Rs 3 crore
| Tenure | Interest Rates (% p.a.) | |
| General Public | Senior Citizens | |
| 12 months | 6.30 | 6.55 |
| 1000 days | 6.20 | 6.70 |
| 2000 days | 6.20 | 6.70 |
| 3000 days | 6.20 | 6.70 |
Interest rates on Non-Resident External (NRE) Fixed Deposits of less than Rs 2 crore w.e.f. 11 December 2025
| Tenure | Interest Rates (% p.a.) |
| 1 year | 6.10 |
| Above 1 year to 443 days | 6.10 |
| 444 days | 6.45 |
| 445 days to 2 years | 6.10 |
| Above 2 years to 3 years | 6.00 |
| Above 3 years to 5 years | 6.00 |
| Above 5 years | 6.00 |
Interest rates on FCNR (B) deposits w.e.f. 11 March 2024
| Currency | Interest Rates (% p.a.) | ||||
| 1 year to less than 2 years | 2 years to less than 3 years | 3 years to less than 4 years | 4 years to less than 5 years | 5 years only | |
| USD | 5.10 | 3.75 | 3.00 | 3.65 | 3.65 |
| GBP | 3.50 | 2.80 | 2.30 | 2.30 | 2.30 |
| EUR | 2.00 | 1.30 | 0.50 | 0.50 | 0.50 |
| JPY | 0.11 | 0.13 | 0.13 | 0.14 | 0.17 |
| CAD | 4.00 | 3.80 | 2.80 | 2.80 | 2.80 |
| AUD | 3.30 | 3.00 | 2.10 | 2.20 | 2.25 |
| CHF | 0.00 | 0.02 | 0.07 | 0.07 | 0.07 |
| SGD | 0.75 | 0.90 | 1.90 | 0.90 | 0.90 |
| HKD | 0.75 | 0.85 | 0.85 | 0.85 | 0.85 |
Interest rates on RFC Deposits w.e.f. 11 March 2024
| Currency | Interest Rates (% p.a.) | ||||
| 1 year to less than 2 years | 2 years to less than 3 years | 3 years to less than 4 years | 4 years to less than 5 years | 5 years only | |
| USD | 5.10 | 3.75 | 3.00 | 3.65 | 3.65 |
| GBP | 3.50 | 2.80 | 2.30 | 2.30 | 2.30 |
| EUR | 2.00 | 1.30 | 0.50 | 0.50 | 0.50 |
| JPY | 0.11 | 0.13 | 0.13 | 0.14 | 0.17 |
| CAD | 4.00 | 3.80 | 2.80 | 2.80 | 2.80 |
| AUD | 3.30 | 3.00 | 2.10 | 2.20 | 2.25 |
| CHF | 0.00 | 0.02 | 0.07 | 0.07 | 0.07 |
| SGD | 0.75 | 0.90 | 0.90 | 0.90 | 0.90 |
| HKD | 0.75 | 0.85 | 0.85 | 0.85 | 0.85 |
Types of UCO Bank FD Schemes
Kuber Yojana (Regular Fixed Deposit with reinvestment of interest component)
- This is a long-term fixed deposit in which the interest component is reinvested and thereby, helps in deriving the power of compounding
- Minimum amount of deposit: Rs 1,000
- Tenure: 6 months – 10 years
- The interest is compounded at quarterly intervals
UCO 400 Days Fixed Deposit Scheme
- Minimum amount of deposit: Rs 5,000 (in multiples of Rs 1,000 thereafter)
- FD Interest rate: 7.05% p.a.
- Depositors can either opt for interest pay-out at quarterly rests (QIS) or monthly rests (MIS).
- Depositors also have the option of receiving interest payout at maturity. The interest is compounded quarterly.
- The scheme offers additional senior citizen FD rates of up to 0.50% p.a. over and above regular FD rates offered to resident individuals.
- Nomination and loan/overdraft against deposit facilities are available
- Auto-renewal facility is not allowed for this scheme
UCO Monthly Income Scheme
- Deposit amount: Minimum: Rs. 50,000 (in multiples of Rs 10,000 thereafter); Maximum: Rs 1 crore
- Tenure: 5 years
- The simple interest rate will be paid without discounting and credited on the first day of the month following the month in which the account was opened
- Nomination facility is available
- Loan/Overdraft facility against the deposits is permitted
- In case of premature withdrawals, interest will be paid at 1% below the applicable card rate if the regular fixed deposit remains with the bank as on the date of the deposit, and not at the contractual rate
- This scheme is not transferable
UCO Green Deposits
- UCO Green Deposit scheme is geared towards financing green activities and projects to develop a green finance ecosystem in the country.
- Minimum deposit amount: Rs 10,000
- Tenure: 12 months; 1000 days; 2000 days
- An additional 0.20% p.a. on regular FD rates is offered under this scheme
- Monthly interest and quarterly interest payout options are available
- Nomination and premature withdrawal of fixed deposit facilities are also available to depositors
Flexible Fixed Deposit Scheme
- In this scheme, deposits are taken under a reinvestment plan, which means that a portion of the deposit can be withdrawn early without affecting the remainder of the account, which continues to earn interest at the agreed rate
- Withdrawal is permitted in multiples of Rs 5,000
UCO Tax Saver Deposit Scheme – 2006
- Deposits are eligible for deduction of up to Rs 1.5 lakhs under section 80C of the Income Tax Act
- Deposit amount: Minimum- Rs 100; Maximum- Rs 1.5 lakhs in a year (1st April- 31st March)
- Tenure: 5 years
- Nomination facility is available
- Transfer from one branch to another is allowed
- Loan against deposit and pledging of deposit receipt is not permitted
MACTDA (Motor Accident Claim Term Deposit Account)
- Type of Account: A new menu option, “TERMDEP,” has been created for opening a fixed deposit account. Depending on the tenure, the FD will be automatically opened with one of the following scheme codes: Scheme Code-178 (for tenure above 6 months) and Scheme Code-179 (for tenure up to 6 months).
- Eligibility: Beneficiaries/Victims of Motor Accidents
- Minimum deposit: As per court order
- Simple interest will be paid for the first 6 months, after which compound interest will be paid for the remaining months
- Transfer of deposit account and premature closure is not permitted
- Loan/advance is not allowed
- Nomination facility is available
Foreign Currency Non-resident (FCNR-B) Deposits
- Depositors can hold deposits in any of the 9 foreign currencies: US dollar (USD), Pound sterling (GBP), Euro (EUR), Japanese Yen (JPY), Canadian Dollar (CAD), Australian Dollar (AUD), Swiss franc (CHF), Singapore dollar (SGD) and Hong Kong dollar (HKD)
- Minimum amount of deposit: USD 2,000 or it’s equivalent in any of the hard currencies
- Tenure: 1 year – 5 years
- The principal, as well as interest earned, are fully repatriable
- An automatic renewal and nomination facility is available
- Loans against deposits are permitted
Resident Foreign Currency (RFC) Deposits
- Depositors can hold deposits in any of the 9 foreign currencies: US dollar (USD), Pound sterling (GBP), Euro (EUR), Japanese Yen (JPY), Canadian Dollar (CAD), Australian Dollar (AUD), Swiss franc (CHF), Singapore dollar (SGD) and Hong Kong dollar (HKD)
- Minimum amount of deposit: USD 2,000 or its equivalent in any of the hard currencies
- The deposits can be transferred into an FCNR (B) or NRE account
Premature Closure Of Fixed Deposits-Penalty Charges
| S. No. | Term Deposits | Penal Charges |
| 1 | Less than Rs. 15 lakhs | 1% less than the applicable interest rate for the period of deposit at the time of FD opening or the current interest rate for the period during which the FD remained with the bank, whichever is lower |
| 2 | Rs. 15 lakhs to less than Rs. 1 crore | 1% less than the applicable interest rate for the period of deposit at the time of FD opening or the current interest rate for the period during which the FD remained with the bank, whichever is lower |
| 3 | Rs. 1 crore and above | 2% less than the applicable rate for which the deposit of Rs. 1 crore and above remained with the bank as on the date of deposit or the current rate for the same period as on the date of premature closure, whichever is lower |
UCO Bank FD Calculator
Investors can check the maturity amount of their UCO Bank Fixed Deposits using FD Calculator. The investors need to enter the amount they wish to deposit, preferred tenure of investment, and the rate of interest to know how much their investment will be worth at maturity. Alternatively, customers can check the interest and maturity amount for reinvestment schemes using Paisabazaar’s compound interest calculator.
FAQs
Q. What is the highest UCO Bank FD interest rate?
A. The highest fixed deposit rate for UCO Bank is 6.45% for general citizens for a tenure 444 days.
Q. What is the minimum & maximum period for the UCO Bank Fixed Deposit account?
A. The minimum & maximum period for UCO Bank Fixed Deposit account is 7 days & 10 years, respectively.
Q. What is the minimum deposit amount under UCO fixed deposit scheme?
A. The minimum deposit amount under UCO fixed deposit scheme is Rs. 1,000.
Q. What are the various types of UCO Bank fixed deposit schemes?
A. The various types of UCO Bank fixed deposit schemes are:
- UCO Bank Fixed Deposit Account
- Kuber Yojna
- UCO Monthly Income Scheme
- UCO Tax Saver Deposit Scheme
- Flexible Fixed Deposit Scheme
Q. Can an account holder close his/her UCO Bank FD anytime?
A. Yes, an account holder can close his/her UCO Bank FD anytime except for the UCO Tax Saver Deposit Scheme which comes with a lock-in period of 5 years.
Q. Is there a penalty for premature withdrawal?
A. Yes, UCO Bank charges a maximum of 2% as a premature withdrawal penalty. The premature withdrawal penalty will be deducted from the applicable rate for which the term deposit was held by the branch as on the date of deposit or the prevailing rate of interest as on the date of premature closure whichever is lower.
Q. Can an account holder avail loan against FD in UCO Bank?
A. Yes, an account holder can easily avail loan against FD in UCO Bank.