Interest rates on deposit schemes and NRI schemes, UCO bank

Loans & Advances Schemes :: Domestic Schemes :: NRI Schemes

Benchmark Prime Lending Rate
(BPLR w.e.f. 01.03.2009)

12.50% per annum

Rates of Interest on Domestic Term Deposits of less than Rs. 1 crore (w.e.f. 01.06.2009)

Maturity Period	General		For Senior Citizen
Maturity Period	Interest Rate in percentage p.a.	Annualised Yield in percentage	Interest Rate in percentage p.a.	Annualised Yield in percentage
14 Days @	2.00	2.00	2.75	2.75
15-45 Days	3.00	3.00	3.75	3.75
46-90 Days	4.00	4.00	4.75	4.75
91-179 Days	5.50	5.50	6.25	6.25
180-364 Days	6.50	6.55	7.25	7.32
1 Year to < 3 Years	7.00	7.19	7.50	7.71
3 Years to < 5 Years	7.50	8.32	8.00	8.94
5 Years and Above	7.50	9.00	8.00	9.72

NOTE 1	@ The bank will accept deposits for a minimum period of 7 days provided minimum deposit amount is Rs.15 lacs & above.
NOTE 2	The deposit rates on the above term slab shall be applicable for all deposits of less than Rs.1 crore, contracted afresh/renewal hereafter.
NOTE 3	The additional rate payable on the deposits of Staff/Ex-staff/Ex-Staff Sr. Citizens is as per the following :
	Category	Term	Additional Rate Payable
	Staff/Ex-Staff	All Terms	1.00%
	Ex-Staff Sr. Citizen	6 months to < 3 Years	1.25%
	Ex-Staff Sr. Citizen	3 Years and above	1.50%

BULK DEPOSITS (PPD)RS. 1 CRORE & ABOVE – RATES FROM 02/06/2009
TIME PERIOD	RATE OF INTEREST
15 – 29 days	1.00
30 – 45 days	2.00
46 – 60 days	2.00
61 – 90 days	3.00
91 – 120 days	3.00
121 – 179 days	4.00
180 – 269 days	4.00
270 days – <1 year	5.00
1 year & above	6.00

SAVINGS BANK DEPOSIT

Interest Rate payable on Savings Bank Deposit Accounts is @3.50% per annum with effect from 1st March, 2006.

NON-RESIDENT DEPOSIT SCHEMES

:: NRE Deposits :: FCNR Deposits :: RFC Deposits :: NRNR Deposits ::

NRE Term Deposits (w.e.f. 1^st July 2009)
A) NRE- Deposits.	Rate of interest per annum
NRE- Savings Bank Deposits (WEF 18.11.’05)	3.50 %
NRE-Term Deposits
Period	Rate of interest per annum
1 year to less than 2 years	3.36%
2 years to less than 3 years	3.28%
3 years and above	3.87%

FCNR (B) Deposits (Revised interest rates w.e.f. 1^st July 2009)

Period

USD
(%)

GBP
(%)

EURO
(%)
YEN
(%)
AUS$
(%)

CAN$
(%)

1 year to less than 2 years

2.61

2.70

2.50

1.87

5.28

2.55

2 years to less than 3 years

2.53

3.32

2.84

1.67

5.18

2.18

3 years to less than 4 years

3.12

4.02

3.30

1.73

5.88

2.87

4 years to less than 5 years

3.57

4.46

3.64

1.81

6.35

3.29

5 years Only

3.93

4.72

3.91

1.90

6.58

3.62

RFC Deposits (Revised interest rates w.e.f. 1^st July 2009)
	USD (%)	GBP (%)	EURO (%)	YEN (%)	AUS$ (%)	CAN$ (%)
Savings Bank	0.00	0.50	0.00	0.00	3.00	0.00
Period (Term Deposits)
1 year to less than 2 years	Same as FCNR(B)	Same as FCNR(B)	Same as FCNR(B)	Same as FCNR(B)	Same as FCNR(B)	Same as FCNR(B)
2 years to less than 3 years	Do	Do	Do	Do	Do	Do
3 years to less than 4 years	Do	Do	Do	Do	Do	Do
4 years to less than 5 years	Do	Do	Do	Do	Do	Do
5 years Only	Do	Do	Do	Do	Do	Do

NRNR and NRSR Deposits : Discontinued w.e.f. 01.04.02.The existing accounts under NRNR Deposit scheme may be continued only upto the date of maturity.
The existing NRSR accounts other than Term Deposits shall not be continued after 30.09.02

Dollar Deposit Account under EEFC Scheme

Type of Account : Only Current Account

Exchange Bureau :

We have forex counters at our following branches, viz.

a) Kolkata Main Branch, Kolkata

b) D N Road Branch, Mumbai

c) Pondicherry Main Branch

d) Mount Road Branch, Chennai

e) Parliament Street Branch, New Delhi

At these counters sales and purchases of foreign currency notes / travellers cheques are being undertaken at attractive rates.