Uco Bank Savings Account Interest Rate
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UCO Bank FD Rates. The Fixed Deposit scheme is UCO Bank is exceptional. The UCO Bank FD Rates differ for the amount of principal invested and the tenure that it is invested for. Another reason for the fluctuation of UCO Bank FD Rates is the nature of the account holder. Senior citizens get a higher interest rate when compared to the other cadre. As per the decision taken by the Competent Authority rate of interest on Bulk Term deposit of Rs. 2 Cr and above upto & including Rs. 5.00 Crore stands revised as below w.e.f.
Uco Bank Savings Account Interest Rate Best
UCO Bank provides the best value to its customers by way of attractive interest rates and a lot of benefits to individual, business, corporate customers. Its assorted financial solutions satisfies/caters the need for all age-groups of people and segments. Other than this only following 5 banks offer higher than 3.5% interest rate: Bandhan Bank, Kotak Mahindra Bank, Lakshmi Vilas Bank, Ratnakar Bank and Yes Bank. The good news is most new age Small Finance Banks offer interest rate of 4% or higher on their savings account. Suryoday Small Finance Bank offers 7.25% for balance between Rs 1 to 10 Lakh. In the year 1952, UCO Bank was the first Indian commercial Bank to set up a Branch at Hong Kong. In fact, the Bank got the Certificate of commencement of business and registered as a Fully Licensed Bank in Hong Kong with effect from 18/3/1952.