|Benefits||Senior Citizens, staff working in UCO bank, Ex-Staff who worked in UCO bank, Senior Citizen Ex-staff Of Uco Bank shall gain special benefits of earning incentives as per the existing norms.|
|Eligibility||Individuals (sole or jointly)|
· Proof of Identification.
· Proof of Residence
is required to fulfill the KYC norms.
|Tenure||The time period of deposit is up to 5 years.|
|Minimum Amount||The minimum amount of deposit is Rs 50,000 and thereafter multiples of Rs 10,000 must be paid.|
|Maximum Amount||The maximum amount of deposit is up to Rs 1 lac.|
|Payment of Interest||The interest is compounded on a monthly interest plan.|
|Premature withdrawal||Available, although if you withdraw the amount before the time of maturity then interets will be calculated at 1% below the rate applicable for the card rate under the normal fixed deposit has remained with the bank as on the date of deposit and not the contractual rate.|
|Loan/Overdraft Facility||Available , as per the rules and regulation of the bank.|
|TDS||Tax is deducted at souce as per the rules and regulations of the Income Tax.|
However, the deposit is transferable within the same name and the same branch.
Other Scheme of Union Bank
UCO Bank Sowbhagya Recurring Deposit Scheme
Uco Bank Kuber Yojna – Schemes & Interest Rates
UCO Bank Smart Kids Smart Saving Bank Scheme
UCO Bank Saral Saving Deposit Scheme – Features & Interest Rates
UCO Bank Basic Current Account – Features & Interest Rates