Even after the RBI’s repo rate cut, UCO Bank is offering good returns on FDs. Senior citizens can earn up to ₹21,341 in fixed interest on a 3-year FD of ₹1 lakh. Interest rates up to 7.95% are available on a special FD of 444 days.
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Money Making FD Scheme: The Reserve Bank of India has cut the repo rate by a total of 1.25 percent for the year 2025. This reduction has directly impacted the financial lives of ordinary people. While lower interest rates on home loans, car loans, and personal loans have provided relief to borrowers, returns for those investing in fixed deposits (FDs) have declined compared to previous years. At such a time, investors are looking for safe options that offer a low risk and a reasonable interest rate. Therefore, UCO Bank’s FD scheme has emerged as a promising option for investors.
It’s worth noting that despite the repo rate cut, UCO Bank is still offering good returns on its FD schemes. A public sector bank, it currently offers its customers interest rates ranging from 2.90 percent to 7.95 percent.
How much return is being received on UCO Bank FDs?
- UCO Bank’s 444-day special FD is the most talked about.
- General customers will receive 6.45% interest on this.
- Senior citizens can earn 6.95% interest.
- Interest rates become more attractive depending on age and profile.
1-year return on a 3-year FD
- UCO Bank’s 3-year FD is a good option for long-term investments.
- General citizens earn 6.00% interest here.
- Senior citizens are offered 6.50% interest.
- The 3-year FD offers safe and fixed returns.
- So, you can earn good interest by depositing Rs 1 lakh.
Maturity Fund of ₹1 Lakh
- An investment of ₹1 lakh will yield a maturity amount of ₹1,19,562 for a general citizen.
- This includes a fixed interest of ₹19,562.
- Senior citizens can receive a total of ₹1,21,341.
- This also includes a fixed interest of ₹21,341.
- The return on a 3-year FD is pre-determined.
- It offers a safe income option without any risk.
You will become rich with an FD
- Investing in this FD is completely safe.
- The maturity amount is pre-determined.
- FDs are not affected by market fluctuations.
- There is no uncertainty regarding returns.
- This is the most reliable option for senior citizens.
- FDs are still a preferred investment for retirement planning.
UCO Bank FDs are the best investment options.
- FDs are ideal for those seeking low risk and fixed returns.
- Despite the repo rate cut, UCO Bank is offering excellent interest rates.
- You can start investing with even small amounts.
- Returns at this bank are completely safe and secure.
- This bank FD is helpful for future financial needs.
- UCO Bank’s FD schemes are a reliable option.
(Note: This news is based on general information; for more information, consult a financial advisor.)
