UCO Bank

UCO Bank is one of the old banks in India with a large customer base. To cater to this large customer base, UCO Bank offer various banking services which include UCO Bank net banking, ATMs, savings accounts, fixed deposits, debit cards, loans and what not.

To contact the customer support of UCO Bank, you may dial the toll-free number of 1800 103 0123 and register your queries or grievances.

Here, we have given the UCO Bank savings account interest rate and further, you may check about the UCO Bank mobile banking and netbanking services as well.

UCO Bank Savings Account Interest Rate, 2023

Disclaimer: The above-mentioned UCO Bank savings account interest rates are effective from 13^th March 2023 and are subject to change. Please check the bank website for further updates, if any.

Types of UCO Bank Savings Accounts

The following are some of the savings accounts offered by UCO Bank to Indian residents:

1. UCO Bank Suvidha Salary Account
2. UCO Saral Savings Deposit Scheme
3. No-Frills Savings Bank Account (Zero Balance)
4. UCO Smart Kids Savings Bank Account

For more, please visit UCO Bank Savings Accounts page.

UCO Bank Debit Cards

The following are the different kinds of debit cards offered by UCO Bank:

• RuPay Debit Card (Non-Personalised)
• RuPay Platinum International Debit Card (Personalised)
• RuPay NCMC Debit Card (Contactless)
• VISA Non-Personalised Debit card
• VISA Personalised Debit card

For more: Visit UCO Bank Debit Cards

UCO Bank Customer Care  

The following are the important customer care details to contact the UCO Bank customer support to register grievances, feedback or queries

UCO Toll-free number: 1800 103 0123

UCO Bank debit card hot-listing by SMS:

               HOT<space>last 4 digits of A/c number to 9230192301

Make sure to send these queries from your registered mobile number only.

UCO Bank ATM

The following are the various banking activities you may perfrom using your UCO Bank debit card at any UCO Bank ATM:

• Cash withdrawals
• Balance check
• Debit card PIN generation
• Mini statement generation
• Direct Tax Payment
• Mobile Banking Registration
• Depositing cash
• Regular bill payments and more

UCO Bank – NRI Services

The following NRI accounts can be opened in UCO Bank:

UCO Bank FCNR (B) Account

• Fully repatriable
  • Interest earned exempt from India’s Income Tax
  • No loss on account of Exchange rate fluctuation
  • Currencies accepted: USD, GBP, EUR, JPY, AUD, SEK, CHF, SGD, HKD & CAD
  • Minimum amount to be kept: USD 2,000 or its equivalent
  • Deposit tenure: 12 to 60 months
  • Automatic renewals

UCO RFC (Resident Foreign Currency) Account:

• For returning Indians
  • Can open savings account, current account or term deposits under this schemeEasy conversion to FCNR (B), when needed
  • Minimum deposit amount: USD 1,000 or its equivalent

UCO Bank NRE (Non-Resident External) Deposits and NRO (Non-Resident Ordinary) Deposits

• 4.00% interest on savings account
  • Up to 7.20% interest on FD
  • Can also open current account or recurring deposits
  • Interest earned exempt from Indian Income Tax and Deposit exempt from Indian Wealth Tax
  • Remittances accepted in any currency; bank will convert it to INR as per the current foreign exchange rates
  • Can be opened as a joint account as well (NRE and NRO accounts)

The following are the UCO Bank NRI Helplines:

• Email helpline : uconri@ucobank.co.in
• Contact helpline: +91-33-2234-1551
• WhatsApp helpline: +91-81300-53225

You can also write to the following address regarding any UCO Bank NRI services:

NRI Help-desk,
International Division,
6th Floor, Head Office,
UCO Bank, 10, B. T.M. Sarani
Kolkata- 700001

UCO Bank Net Banking

UCO Bank netbanking or e-banking is the online mode of doing banking. It offers the following features and benefits to its customers:

• 24×7 availability
• One-time registration
• Fund transfer modes such as NEFT, RTGS, etc.
• UCO Bank balance check
• UCO Bank mini statement

UCO Bank Mobile Banking

UCO Bank provides UCO mBanking Plus (for general banking requirements), UCOPAY+ (for bill payments and/or recharge requirements) and UCO M-Passbook (for availing of virtual UCO Bank passbook).  You can avail of the following banking services using relevant UCO Bank mobile banking apps:

• UPI Payments
• Avail of Pre-approved credit card(s)
• Avail of Pre-approved personal loan
• Check UCO Bank balance
• Track transactions
• Open fixed deposit and more
• UCO virtual passbook (to track transactions)

For more, kindly visit our UCO Bank Mobile Banking article.

How to Transfer Funds online from UCO Bank Savings Account?

Here, we are giving you a brief step-by-step guide following which you can easily transfer funds from your UCO Bank account via netbanking:

Step 1: Log into your UCO Bank netbanking account.

Step 2: Find ‘Payment and Transfer’.

Step 3: Select ‘Initiate NEFT/RTGS’ or ‘Initiate IMPS’, as per your requirement.

Step 3: Enter the details required such as the debit account, credit account, amount and remarks.

Step 4: Read and agree to the Terms and Conditions and hit the “Continue” button.

Step 5: Check and confirm the details you’ve entered by entering the OTP and finally clicking the ‘Submit’ button.

Online Payment Modes in UCO Bank

The following are the various modes via which one may transfer funds from their UCO Bank account to any other bank’s account:

NEFT

National Electronic Funds Transfer is an electronic way of sending money from your bank account to any other bank account. UCO Bank also offers the same service of UCO NEFT which is available round-the-clock, i.e. 24×7 via the digital mode. If you choose the physical mode of going to the bank for NEFT transfers, please do check the UCO Bank timings beforehand. Alongside, check the NEFT charges that you’ll be paying when submitting the NEFT form at the branch.

RTGS

Real Time Gross Settlement is a system via which you can transfer an amount of Rs 2 lakhs of more from your UCO Bank account using the UCO netbanking or mobile banking options. There are no charges on transferring funds via RTGS digitally. But if done at the branch, there will be certain RTGS charges applicable basis transaction amount.

IMPS

IMPS or Immediate Payments System, an online fuss-free way of transferring money within seconds is offered by UCO Bank, just like other banks. The process is the same as NEFT or RTGS, the online differences are IMPS charges and IMPS limit which should be taken into consideration, in prior.

UPI

Unified Payments Interface or UPI is a completely online mode of transferring funds without sharing account details. You may use UCO UPI app or any other UPI app to use this service. All you need is to create a UPI ID and set a password for the same.

Must Read: UPI Charges

Cheque

This is an age-old way of safely sending money to someone else’s account or even to your account, i.e. using cheque. It is suggested that your use an account bearer cheque only as it has the highest security. However, it is the slowest way of sending funds. 

Also Read: Demand Draft

UCO Bank: FAQs