Udaipur, 1 September (Kiran News). UCO Bank, a leading public sector bank, is offering attractive returns to its customers through its fixed deposit (FD) schemes. One such special scheme allows you to earn up to ₹28,200 as fixed interest by depositing ₹2 lakh for a specific period, with guaranteed returns.
Highest Interest on 444-Day Special FD
UCO Bank’s 444-day Special FD scheme offers the highest rates:
Regular citizens earn 6.45% interest.
Senior citizens get 6.95%.
Retired senior citizen staff can avail an even higher 7.95% interest on the same tenure.
UCO Bank provides FDs for periods ranging from 7 days to 10 years. The interest rates on FDs range from 2.90% to 7.95% (the latter only for retired senior citizen staff).
Returns on a ₹2 Lakh Deposit
Regular Citizens:
Deposit ₹2 lakh for 2 years and get a maturity amount of ₹2,25,965, which includes ₹25,965 as fixed interest.Senior Citizens:
Deposit ₹2 lakh for 2 years and get a maturity amount of ₹2,28,200, including ₹28,200 as interest.Retired Senior Citizen Staff:
UCO Bank offers an additional 1.25% interest on FDs below 1 year and 1.50% more than the normal rate for FDs above 1 year.
Key Features:
FD tenure ranges from 7 days to 10 years.
Assured and fixed returns, with no risk.
Flexible interest rates for different customer categories.
Guaranteed payout at maturity, making it ideal for risk-averse savers and retirees.
UCO Bank’s FD schemes are safe and reliable options for earning steady returns over a fixed period.
Leave a Comment