UCO Bank Savings Scheme: The Reserve Bank of India reduced the repo rate by a total of 1.25 percent in the year 2025. On one hand, due to reduction in repo rate by RBI, common people have got a lot of relief due to reduction in loan interest rates, on the other hand, due to reduction in repo rate, FD interest rates have also reduced, due to which common investors have been disappointed. However, despite the cut in interest rates, FDs are still giving attractive returns. Today we will learn about an FD scheme of UCO Bank, in which if you deposit only Rs 1 lakh, you can get fixed interest up to Rs 21,341 on maturity.
UCO Bank gives 1.50% additional interest to its retired senior citizen staff.
Public sector UCO Bank is giving interest ranging from 2.90 percent to 7.95 percent to its customers on FD accounts. This government bank is giving the highest interest to its customers on FD scheme of 444 days. UCO Bank is offering the highest interest rate of 6.45 percent to general customers, 6.95 percent to senior citizens, 7.45 percent to its staff and 7.95 percent to its retired senior citizen staff on its 444 days special FD scheme. This bank is giving 6.00 percent interest to general citizens and 6.50 percent interest to senior citizens on 3 year FD.
On depositing Rs 1 lakh, you will get fixed interest up to Rs 21,341
If you are a normal citizen and deposit Rs 1 lakh in a 3-year FD in UCO Bank, then you will get a total of Rs 1,19,562 on maturity, which also includes fixed interest of Rs 19,562. If you are a senior citizen and deposit Rs 1 lakh in a 3-year FD in UCO Bank, then you will get a total of Rs 1,21,341 on maturity, which also includes fixed interest of Rs 21,341. Let us tell you that under the FD scheme, you get a fixed amount of interest along with the principal amount after a fixed period of time and there are no pros and cons.
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