Key Takeaways

You can earn a steady UCO Bank saving account interest rate 2025 of up to 2.50% per annum based on your daily closing balance.
You have the flexibility to choose between various schemes, including the convenient UCO Bank zero balance account opening online option.
You must maintain the UCO Bank minimum balance for savings account according to your branch location to avoid any unnecessary service penalties.
You can estimate your quarterly earnings accurately by using the UCO Bank savings account interest rate calculator.

Most of us treat our savings accounts as just for storing our money, but with a trusted bank like UCO Bank, those savings can become a productive asset.

A savings account is a deposit account held at a UCO bank that pays interest but cannot be used directly as money in the medium of exchange. It is a secure place to keep your liquid assets while earning a modest return on your investment.

I once kept ₹20,00,000 in my UCO Bank Savings account and noticed that the interest credited at the end of the quarter was significantly higher because I crossed the ₹10,00,000 limit. This money practically paid for my monthly grocery bill without any extra work.

Latest UCO Bank Savings Account Interest Rates 2025-26

The UCO bank calculates your interest on a daily basis and credits it to your balance every quarter.

Balance Slab	Interest Rate (per annum)
Balance up to ₹10,00,000	2.50%
Balance above ₹10,00,000	2.50%

You can use these rates to plan your monthly budget and savings goals with total precision.

Features & Benefits of UCO Bank Savings Account

You can use the UCO Bank savings account interest rate calculator on the official website to see how your savings can grow.

Category	Key Features & Benefits
Digital Access	UCO mBanking Plus app for 24/7 control. Instant IMPS/NEFT/RTGS fund transfers. Online bill payment and recharge facilities.
Banking Tools	Free passbook and personalized cheque book. Wide network of ATMs across India. SMS alerts for every transaction.
Security	Nomination facility for all account holders. Secure PIN and biometric login for mobile apps. Instant card blocking via SMS.

These features help you manage your money easily while keeping it safe.

Bonus Tip: Do you know? UCO Bank has recently integrated AI-driven insights into its mobile app to help you track spending patterns and save more effectively.

Minimum Balance & Charges of UCO Bank Savings Account

The UCO Bank minimum balance for savings account is set based on the geographical location of your specific branch.

Branch Category	With Cheque Book (Monthly)	Without Cheque Book (Monthly)
Metro Branches	₹1,000	₹500
Urban Branches	₹1,000	₹500
Semi-Urban Branches	₹500	₹250
Rural Branches	₹250	₹100

You won’t have to pay maintenance charges as long as you keep your account balance above the required limit.

Different Savings Account Types by UCO Bank

UCO Bank offers different savings account options for various age groups and professions. You can choose a regular account or complete a UCO Bank zero balance account opening online based on your needs.

Account Name	Features
UCO Saral	Easy UCO Bank savings account opening process. Standard interest rates applicable. No hidden restrictions on deposits.
UCO Suvidha	Designed for salaried professionals. Zero balance requirement. Free accidental insurance cover.
UCO Smart Kids	Available for children above 10 years. Special photo debit cards. Teaches financial literacy early.
BSBDA Account	Fully functional UCO Bank zero balance account opening online. No minimum balance required. Limited to 4 withdrawals per month.

The right account choice makes it easier to manage your banking needs according to your financial needs.

Conclusion

UCO Bank savings accounts offer a consistent interest rate, multiple account options, and useful digital tools to support everyday banking needs. Your savings keep earning interest with interest calculated daily and added to your account every quarter. Pick the type of UCO Bank savings account that fits your needs. You can avoid extra charges and manage your money better by maintaining the required minimum balance.

FAQs on UCO Bank Savings Account Interest Rate

1. How exactly does UCO Bank calculate the interest on my savings?

UCO Bank calculates interest on a daily product basis. The interest depends on the balance left at the end of each day, even if you withdraw and deposit quickly.

2. Is a UCO Bank savings account better than an IDFC First or HDFC FD for emergency funds?

A UCO Bank savings account offers high liquidity for emergency funds. UCO Bank provides a balance of safety and steady growth without the lock-in periods of an HDFC FD, while some banks like IDFC First offer 7% on higher balances.

3. How do you open an online savings account at UCO Bank?

You can complete the UCO Bank savings account opening by downloading the UCO mBanking Plus app. You will need your Aadhaar and PAN for the Video-KYC process, which activates your account instantly without a branch visit.

4. What is the difference between a bank account and a savings account in UCO Bank?

In UCO Bank, “bank account” is a general term, whereas a “savings account” is a specific interest-bearing deposit account. Other types include Current Accounts for business, which usually do not offer interest.

5. Does UCO Bank charge for SMS alerts on savings accounts?

Yes, UCO Bank charges ₹15 per quarter for SMS alert services. However, these alerts are vital for you to monitor your account activity and protect yourself against unauthorized transactions.