Bank FD Comparison Tool
UCO Bank vs Utkarsh Small Finance Bank Fixed Deposit Comparison 2026
Compare Fixed Deposit interest rates, maturity amounts, and features between UCO Bank (Public Sector) and Utkarsh Small Finance Bank (Private Sector). Analyze the security of public sector banking versus the convenience of private sector services.
UCO Bank
Public Sector
VS
Utkarsh SFB
Private Sector
UCO Bank: Min ₹1,000
Utkarsh SFB: 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
₹
Five Lakhs rupees
₹1,000₹20,00,000
years
1 year10 years
Interest Rate Comparison
Interest Rates by Tenure
General rates across different tenures
Current selection: 3 years (1095 days) -UCO Bank: % |Utkarsh SFB: %
Side-by-Side Rate Comparison
Direct comparison of general rates
UCO Bank
Utkarsh SFB
Highlighted = Your selected tenure
Feature Comparison
Features | UCO Bank Public Sector | Utkarsh SFB Private 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 |
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
Utkarsh Small Finance Bank
Private Sector Bank
Key Advantages:
Small Finance Bank with highest FD rates
Premium rates up to 8.75% for senior citizens (2-3 years)
Established in 2017 with strong track record
Digital banking services and mobile banking
Online FD booking available
Senior citizen benefits with +0.50% additional interest
Wide network across India
Minimum FD investment of ₹1,000
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 UCO Bank (₹5L) + Utkarsh SFB (₹5L)
For ₹15 lakhs: Add a third bank to the mix
Best of Both: Combine UCO Bank (security) with Utkarsh SFB (convenience)
💡 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 UCO Bank If:
- •Minimum amount: ₹1,000
- •Public Sector banking preference
- •Government-owned public sector bank
- •Established in 1943, nationalized in 1969
- •Wide branch network across India
Choose Utkarsh SFB If:
- •Minimum amount: ₹1,000
- •Private Sector banking preference
- •Small Finance Bank with highest FD rates
- •Premium rates up to 8.75% for senior citizens (2-3 years)
- •Established in 2017 with strong track record
Best Strategy:
- •Split large amounts across both banks
- •Keep ≤₹5L per bank for insurance
- •Use UCO Bank for stability
- •Use Utkarsh SFB for convenience
- •Review rates periodically
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