UCO Bank FD Calculator

UCO Bank Fixed Deposits Explained

This UCO Bank FD calculator reproduces the quarterly compounding UCO applies to term deposits, so the maturity value above is the one a branch will confirm. Founded in Kolkata in 1943 as the United Commercial Bank and nationalised in 1969, UCO retains a branch network weighted towards eastern India alongside overseas operations in Singapore and Hong Kong that few comparably-sized public sector banks maintain. UCO FD interest rates are set per tenure slab and revised as policy and funding needs change.

UCO Bank FD Schemes You Can Open

The UCO Bank fixed deposit scheme range separates deposits by how interest is treated and who holds the account:

• •UCO Fixed Deposit (non-cumulative) — Interest is paid out at monthly or quarterly intervals rather than reinvested, for depositors who want the income as it accrues.
• •Reinvestment (cumulative) deposit — Interest compounds quarterly and is paid with the principal at maturity. This is the structure the calculator above models, and the one that returns most at a given rate.
• •Tax-saving deposit (5-year) — The five-year lock-in deposit qualifying for deduction under Section 80C, within the ₹1,50,000 annual ceiling.
• •Senior citizen and staff variants — The rate premium UCO extends to resident depositors aged 60 and above, applied on top of the card rate for eligible tenures.

UCO Bank FD Tenure Slabs and Deposit Rules

Tenure decides how the interest is worked out, not just how long the money is tied up. Below roughly six months there is no completed quarter, so interest is simple; past that it compounds quarterly.

How to Check UCO Bank FD Interest Rates

UCO Bank FD rates are quoted per tenure slab and revised as policy and funding needs shift, so a one-year and a three-year deposit opened on the same morning can price differently.

UCO publishes its domestic term deposit card on ucobank.com and inside UCO mBanking Plus, quoted per tenure slab with a separate senior citizen column. Special-tenure buckets are issued periodically and withdrawn again, so confirm a bucket is currently open rather than relying on an older listing.

Take the current UCO Bank fixed deposit rates for your exact tenure from the official card, then enter that number above.

What Is Specific to a UCO Bank FD

• •The eastern India branch concentration, particularly across West Bengal and the north-east, is the densest of any comparably-sized public sector bank.
• •Overseas branches in Singapore and Hong Kong make UCO practical where a deposit is funded from abroad into a resident account.
• •UCO stayed out of the 2019 and 2020 public sector amalgamations, so its IFSC codes and deposit terms were not disturbed by a merger transition.
• •Senior citizens receive the standard increment on eligible tenures.
• •A loan or overdraft against the deposit is available after the qualifying period, priced above your own deposit rate.

Take the rate UCO Bank currently quotes for your chosen tenure and enter it above to see the exact maturity value and the year-by-year interest build-up.

Compare lenders on the master FD calculator, or a monthly commitment on the RD calculator.