Features
Benefits | · Get personalised ATM cards with photographs.
· Enjoy Net Banking with transaction facility. · Minimum Balance : Nil. · Cheque Book facility with 2 cheque book free per year. · Concession in education loan : no processing charges in future education loan. · Attractive Passbook. |
Eligibility | · Minors
· Age above 10. |
Cheque Book Facility | 2 cheque book per year |
Net Banking | Available, limit Rs 3000 per day transaction, overall limit of Rs 15,000 in a month. |
Closure Charges | There are no charges applicable for the closure of an account within 12 months. |
Minimum Balance | Nil |
ATM Card | Available |
Rate of Interest | 4.00% per annum per annum with normal Saving Bank account. |
Stop Payment Charges | Free |
Standing Instruction | Available and free from Savings Bank Account to Recurring Deposit or Fixed Deposit account in his/her name. |
Immediate Credit | Immediate Credit of outstation cheque up to Rs 25,000 per occasion. |
Transfer of Fund | Free from guardian or grandparents account |
Nomination Facility | Available, as per bank rules and regulations. |
Proof of Age | Birth Certificate issued by :
· Panchayat or · Municipality or · Corporation or · Declaration by natural guardian. |
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 Saral Saving Deposit Scheme – Features & Interest Rates
UCO Bank Basic Current Account – Features & Interest Rates