Bank FD Comparison Tool

Muthoot Capital Services Ltd vs UCO Bank Fixed Deposit Comparison 2026

Compare Fixed Deposit interest rates, maturity amounts, and features between Muthoot Capital Services Ltd (Private Sector) and UCO Bank (Public Sector). Analyze the security of public sector banking versus the convenience of private sector services.

Muthoot Finance

Private Sector

UCO Bank

Public Sector

Muthoot Finance: Min ₹1,000

UCO Bank: Min ₹1,000

Security vs Convenience

DICGC Insured up to ₹5 Lakhs

Compare Your FD Returns

Adjust the parameters below to see how returns compare between the two banks

Investment Amount

₹

Five Lakhs rupees

₹1,000₹20,00,000

Investment Period

years

1 year10 years

Customer Type

GeneralStandard interest rates

Senior Citizen (60+)Higher interest rates

Interest Rate Comparison

Interest Rates by Tenure

General rates across different tenures

Current selection: 3 years (1095 days) -Muthoot Finance: % |UCO Bank: %

Side-by-Side Rate Comparison

Direct comparison of general rates

Muthoot Finance

UCO Bank

Highlighted = Your selected tenure

Feature Comparison

Features	Muthoot Finance Private Sector	UCO Bank Public Sector
Minimum FD Amount	₹1,000	₹1,000
Current Interest Rate(Selected Tenure)	%	%
Premature Withdrawal Penalty	1%	1%
Official Rate Source	View Official Rates	View Official Rates

Muthoot Capital Services Ltd

Private Sector Bank

Key Advantages:

NBFC with attractive interest rates up to 9.20% p.a. for senior citizens (Maturity Scheme)

Senior citizens get +0.25% additional interest on all schemes

Maturity Scheme (Cumulative Deposits) with annualized yield up to 10.08%

Monthly Income Plan, Annual Scheme, and Maturity Scheme available

Flexible tenure from 12 to 60 months

Guaranteed returns

Easy documentation process

Minimum deposit: ₹1,000

Deposits accepted only in the state of Kerala

Rate of interest for deposits above ₹3 Crores may vary

Non-Resident Senior Citizens not eligible for additional 0.25% interest

UCO Bank

Public Sector Bank

Key Advantages:

Government-owned public sector bank

Established in 1943, nationalized in 1969

Wide branch network across India

Special 444 Days scheme with higher interest rates

UCO Green Deposit scheme for sustainable investments (12 months, 1000, 2000, 3000 days)

Senior citizens get +0.25% up to 1 year, +0.50% above 1 year

Online FD booking facility

Competitive interest rates up to 6.45% for general customers

Important: Fixed Deposit Safety & Insurance Coverage

₹5 Lakh Insurance Limit

The Deposit Insurance and Credit Guarantee Corporation (DICGC) provides insurance coverage of up to ₹5 lakhs per depositor per bank. This means if you deposit more than ₹5 lakhs in a single bank, only ₹5 lakhs is guaranteed by the government.

⚠️ Recommendation:

Never deposit more than ₹5 lakhs in a single bank. If you have larger amounts, distribute them across multiple banks to ensure full insurance coverage.

Smart Distribution Strategy

For ₹10 lakhs: Split between Muthoot Finance (₹5L) + UCO Bank (₹5L)

For ₹15 lakhs: Add a third bank to the mix

Best of Both: Combine Muthoot Finance (convenience) with UCO Bank (security)

💡 Pro Tip:

You can also open FDs in different family members' names in the same bank to get additional ₹5 lakh coverage for each account holder.

Key Insights & Recommendations

Choose Muthoot Finance If:

•Minimum amount: ₹1,000
•Private Sector banking preference
•NBFC with attractive interest rates up to 9.20% p.a. for senior citizens (Maturity Scheme)
•Senior citizens get +0.25% additional interest on all schemes
•Maturity Scheme (Cumulative Deposits) with annualized yield up to 10.08%

Choose UCO Bank If: