UCO bank's domestic term deposit revised from July one

Kolkata, Jun 30 (UNI) UCO Bank today announced revision on domestic term deposits effective from July one.

While the rate of interest for the period of one year to less than three years remained unchanged at 9.60 per cent, the rate for the period between three and five years and above was lowered to 9.25 per cent from 9.75 per cent, a bank release said.

Senior citizens would continue to enjoy a rate of interest of ten per cent for the period of one year to less than three years while the rate applicable for the period between three and five years and above would now be 9.75 per cent, it said.

The rate of interest under UCO Tax Saver Scheme for general customers would now be 9.25 per cent and for senior citizens it would be 9.75 per cent, the release said.

UNI