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UCO Bank offers special deposit scheme ‘UCO 400’

The scheme is applicable on domestic retail term deposits including NRE/NRO rupee term deposits below Rs 2 crore.

UCO Bank offers special deposit scheme ‘UCO 400’

The UCO Bank has launched a special fixed deposit scheme ‘UCO 400’for a period of 400 days which will come into effect on October 8 and will remain valid till December 31, 2023.

The scheme is applicable on domestic retail term deposits including NRE/NRO rupee term deposits below Rs 2 crore.

The scheme offers higher rate of interest (ROI%) than the Bank’s normal card rate and this will benefit the resident as well as NRE/NRO customers to earn higher rate of return in their investment. It also offers the special incentive rate for resident senior citizens.

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 The facility of opening of new special deposit scheme and loan/OD against the deposit scheme is also available through digital channels.

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