Tuesday, October 09, 2012

UCO 222 Fixed Deposit Scheme


Scheme Name : UCO 222 Fixed Deposit Scheme
Deposit Period : 222 Days
Minimum Amount of Deposit : Minimum Amount: Rs. 5000/-
Maximum Amount of Deposit : Maximum Amount: Rs. 5 crore.
Deposit Multiple : In multiples of Rs. 1000/- only
Rate of Interest : 9.00% p.a.
Foreclosure Interest : In case of pre-mature closure interest payable
1% below applicable rate under normal Fixed
Deposits for the period deposit remained with the Bank.
Validity Period of Scheme : From 01-10-2012 to 31-12-2012
Auto – Renewal : No Auto Renewal under this Scheme
Senior Citizen : Additional (0.75) i.e. @ 9.75%
Staff : Additional (1.00) i.e. @ 10.00%
Ex- Staff : Additional (1.00) i.e. @ 10.00%
Senior Citizen (Ex-Staff) : Additional (1.25) i.e. @ 10.25 %

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