UCO Bank Savings Account

Account Balance	Interest Rate
Up to Rs. 10 lakh	2.50%
Above Rs. 10 lakh	2.50%

Note: The above-mentioned interest rates are updated as on 8th December 2025 and w.e.f. 26 August 2025

Also Read: Best Savings Account Interest Rates 2025

No-Frills Savings Bank Account (Zero Balance)	UCO Suvidha Salary Account (UCSSA)
UCO Smart Kids Savings Bank Scheme	UCO Saral Savings Deposit Scheme

 

No-Frills Savings Bank Account (Zero Balance)

UCO Bank offers No-Frills Savings Bank Account which is a zero balance savings account in order to provide a savings account to a larger section of the society. This savings account ensures that no individual goes without having a savings account. This savings account provides below-mentioned features:

• The account can be opened with an initial deposit of Rs. 5. However, if the account holder wants to avail cheque book facility then the minimum deposit needs to be Rs. 250
• No minimum balance needs to be maintained
• The account holder can make up to 25 debit entries in a half-year
• If the account holder has availed for cheque book facility, he/she needs to maintain minimum balance of Rs. 250. If the account holder fails to do so then charges for not maintaining minimum balance will be levied

UCO Suvidha Salary Account (UCSSA)

UCO Suvidha Salary Account comes in four variants namely: Classic, Silver, Gold and Platinum. Individuals can open this savings account under following varinats:

Variant	Gross Monthly Salary	Daily Cash Limit	POS Limit
Classic	Up to Rs. 25,000	Rs. 25,000	Rs. 50,000
Silver	Above Rs. 25,000 – Rs. 60,000	Rs. 50,000	Rs. 1,00,000
Gold	Above Rs. 60,000 – Rs. 1,25,000	Rs. 50,000	Rs. 1,00,000
Platinum	Above Rs. 1,25,000	Rs. 75,000	Rs. 2,00,000

UCO Smart Kids Savings Bank Scheme

UCO Smart Kids Savings Bank Scheme is a savings account for minors who are above the age of 10 years who can read and write. There is no need to maintain any minimum balance in this savings account by UCO Bank. This savings account offers below-mentioned features and benefits:

• 2 cheque books are provided for free every year
• A personalised debit card is provided with a photograph on it having withdrawal and shopping limit of Rs. 3,000 and overall limit of Rs. 15,000 in a month
• No charges on closing the account within 12 months
• Joint account cannot be opened in this savings account

UCO Saral Savings Deposit Scheme

UCO Saral Savings Deposit Scheme varies from category to category. Below-mentioned are the features provided to different categories:

• The account holder needs to maintain minimum balance with chequebook facility as under:

Category	Metro	Urban	Semi-Urban	Rural
Individual	Rs. 1,000	Rs. 1,000	Rs. 500	Rs. 500
Others	Rs. 1,500	Rs. 1,500	Rs. 1,000	Rs. 250
Pensioners	Rs. 250	Rs. 100	Rs. 100	Rs. 100

• The account holder needs to maintain minimum balance without chequebook facility as under:

Category	Metro	Urban	Semi-Urban	Rural
All other depositors	Rs. 500	Rs. 500	Rs. 250	Rs. 100
Pensioners	Rs. 50	Rs. 50	Rs. 50	Rs. 50

• One cheque book having 20 cheque leaves will be provided per half year, thereafter, Rs. 3 will be charged per cheque leaf
• A Visa debit card is provided for free
• Net banking and mobile banking facility is available
• 100 will be charged for closing the account within 12 months for rural branches
• 200 will be charged for closing the account within 12 months for other branches

If an individual wants to open a savings account in UCO Bank, the individual needs to present below-mentioned documents:

• Aadhaar card
• PAN card/Form 60
• Passport
• Driving license
• Voter’s identity card issued by Election Commission of India
• Job card issued by NREGA duly signed by an officer of the State Government
• Letter issued by the National Population Register containing details of name and address

Individuals need to fulfill the below-mentioned eligibility criteria to be open a savings account in UCO Bank:

Account Type	Eligibility Criteria
UCO Suvidha Salary Account	Indian citizen Minimum age should be 21 years
No-Frills Savings Bank Account (Zero Balance)	Individuals above 10 years and below 18 years of age can also open this savings account Should be an Indian citizen
UCO Smart Kids Savings Bank Scheme	Minors who are above the age of 10 years and can read and write
UCO Saral Savings Deposit Scheme	Should be an Indian citizen 18 years of age and above

Category	Charges
Issuance/Revalidation/Cancellation of Demand Draft	Rs. 130 per instrument
Account closing within 14 days	No charges
Account closing after 14 days but before 12 months	Without cheque book  – Rs. 180 With cheque book – Rs. 240
Attestation of customer’s signature on documents (per occasion)	Rs. 180
Issuance of new ATM card/PIN/Add on	Visa and RuPay are free Rs. 105 for Visa Gold Rs. 130 for Visa Platinum Rs. 155 for Visa Signature
Cash withdrawal through Visa Networked ATMs	Rs. 110 + 2% of the currency conversion charges per transaction

To open an online savings account in UCO Bank, the applicant can refer to the following steps:

Step 1: Go to UCO Bank’s official website and navigate towards ‘Savings Account’ on the main page

Step 2: Click on ‘Savings Account’, you will be redirected to a new page

Step 3: On the next page, click on ‘Apply Now’ option

Step 4: You will be directed to an application form, fill that form

Step 5: Upon filling the form, click on the provided box and provide your consent to the bank to call you

Step 6: Once you give authorization to the bank to call or SMS you, the bank will assign a representative to assist you further

If the applicant wants to open an offline savings account in UCO Bank, he/she needs to follow the below-mentioned steps:

Step 1: Visit UCO Bank’s nearest branch and fill out the savings account application form

Step 2: Provide all your basic details as asked in the application form

Step 3: Provide your self-attested PAN and Aadhaar card

Step 4: Choose the type of savings account you want to open as per your requirements

Step 5: Collate all your documents with your proof of identity and submit the documents

Step 6: Once you provide all the details, the bank will verify the details and open your account

The bank will provide a welcome kit with all essential documents to help you operate the account.

UCO Bank Personal Loan	UCO Bank Fixed Deposit
UCO Bank Credit Card	UCO Bank Balance Enquiry
UCO Bank Mobile Banking	UCO Bank Net Banking
UCO Bank Customer Care

Q. What should I do if during the cash withdrawal process, cash is not disbursed and the amount is debited from my account in UCO Bank?
Ans. In such a case, you should call the customer care of UCO Bank immediately or lodge a complaint.

Q. What is the process to hotlist or block my UCO Bank’s debit card?
Ans. Customers of UCO Bank can call on the toll-free number 1800-103-0123 and email at uco.custcare@ucobank.in to hotlist or block their debit card.

Q. What is UCOPAY+?
Ans. UCOPAY+ is UCO Bank’s mobile wallet application. It can be used to transfer money to other wallet users and bank accounts.

Q. How can I open an instant account in UCO Bank?
Ans. You can open an instant account in UCO Bank through UCOPAY+. UCO Bank has introduced feature of instant account opening through this app.

Q. What is the name of UCO Bank’s mobile banking app?
Ans. UCO mBanking Plus is the name of UCO Bank’s mobile banking app.

Q. Are there any charges to process UPI payments in UCO Bank?
Ans. No. UCO Bank doesn’t levy any charges to process UPI payments right now.

Q. What are the IMPS charges in UCO Bank?
Ans. UCO Bank’s IMPS charges are as follow:

• Up to Rs. 10,000 – Rs. 3
• 10,001 – Rs. 1,00,000 – Rs. 6
• 1,00,001 to Rs. 2,00,000 – Rs. 17

Note: The information on this page may not be updated. Kindly refer to the bank website to check the latest information.