UCO BANK EMPLOYEES' CO-OPERATIVE THRIFT AND CREDIT SOCIETY LTD.,
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Deposits and Interest Rates
‘A’ Class Members
In the event of unfortunate death of a Member a sum of Rs. 10000 is given to the kin of the family for immediate expenses.
| Type | Effective Date | Rate of Interest | Nature of Interest | Maturity |
| Thrift Deposit | 01-04-2023 | 7.25 | Monthly Balance | On Closure of membership |
| Fixed Deposit | 01-02-2023 | 7.75 | Simple Payable Quarterly | One year |
| SRF | NIL | NIL | On Closure |
| Surety Loan | 01.04.2023 | 9.25 | Monthly Diminishing balance |
| Festival Loan (Annual) | 01.04.2023 | 9.25 | Monthly Diminishing balance (Ten Instalments recovery) |
| Fixed Deposit Loan | 01.04.2021 | 1% more than the Deposit Rate | NA |
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CONTACT US
- No. 328, Thambu Chetty Street, Chennai - 600 001.
- ucosocietychennai@gmail.com
- +91 44 2533 1230