If you are looking for a safe investment option with high returns in 2025, the fixed deposit offered under UCO Bank scheme is worth consideration. Known for its safety and trust, UCO Bank gives one out of the best interest rates on fixed deposits so as to guarantee safe and fixed return. Fixed deposits of an amount of ₹1,00,000 in the UCO Bank earn maximum fixed interest of ₹21,879, making it an ideal instrument for those who want to secure steady income without risk of market failure.
UCO Bank Fixed Deposit Scheme Overview
UCO Bank offers multiple FD tenures from 7 days to 10 years, so that investors choose depending on what their financial goals are. The present-day interest rate is competitive, with the bank giving a maximum of 7.15% per annum for regular customers and 7.65% per annum for senior citizens. Investors now earn significant returns while keeping their capital completely safe.
Interest of ₹21,879 for Deposit of ₹1 Lakh
If you have an investment of ₹1,00,000 in UCO Bank for 5 years, the total maturity value would be about ₹1,21,879, assuming an interest rate of 7.15%. That’s DEP ₹21,879 I earned by the time of expiry as fixed interest. The terms “compound interest” imply that the longer your money rests in your bank account, the better will be its growth.
| Deposit Amount | Tenure | Interest Rate | Maturity Amount | Total Interest |
|---|---|---|---|---|
| ₹1,00,000 | 5 Years | 7.15% | ₹1,21,879 | ₹21,879 |
Special Benefit for Senior Citizens
Senior citizens have an added advantage of an interest rate uplift of 0.50%. Thus, a senior investor can earn 7.65% per annum on his FD. At new rates, deposit ₹1,00,000 for 5 years, which shall yield an amount of approximately ₹1,22,920, thus rendering an even higher and safer return. This, therefore, makes it a fine option for retirees who are praying on dependable post-retirement income.
How to Open a UCO Bank FD
A UCO Bank FD can be opened with ease. Customers can apply for one online through net banking or the UCO mBanking app or directly use a deposit slip at the nearest branch. The minimum deposit starts from ₹1,000 with no maximum deposit limit, making it suitable for all categories of investors.
Conclusion
The UCO Bank Fixed Deposit scheme thus offers a combination of safety, security, and assured income. Upon depositing ₹1,00,000, one may earn interest up to ₹21,879 on a fixed rate of interest for a term of five years. With guaranteed returns and easy liquidity, this FD scheme is one of the better low-risk investment opportunities come 2025.