Uco Tax Saver Deposit Scheme is a type of Term Deposit Scheme which allows you to deposit with maturity of not less than 5 years subject to lock-in period of 5 years.
Features
| Eligibility | · Individual (sole or jointly)
· Hindu Undivided Family |
| Amount of Deposit | The minimum amount of Deposit is Rs 100 and the maximum amount of deposit is Rs 1.5 lacs in a year. |
| Period of Deposit | The period of deposit must not be less than 5 years. |
| Rate of Interest | · Pre Revised Rate
a) General Public : 7.50% b) Senior Citizen ; 8.00% c) Staff/Ex-staff/Sr.Citizen Ex-staff : 8.00% · Revision Rate w.e.f. 08/01/2016 a) General Public : 7.25% b) Senior Citizen : 7.75% c) Staff/Ex-staff/Sr. Citizen Ex-staff : 7.75% |
| Nomination Facility | Available |
Other Scheme of Union Bank
UCO Bank Sowbhagya Recurring Deposit Scheme
UCO Bank Monthly Income Scheme – Interest Rates
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
