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UCO Bank

Public Sector

vs
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Indian Bank

Public Sector

UCO Bank vs Indian Bank Recurring Deposit Comparison2025

Compare interest rates, features, and returns between UCO Bank (Public Sector) and Indian Bank (Public Sector).

UCO Bank: Min ₹100
Indian Bank: Min ₹500
Compare Your RD Returns
₹

Five Thousand rupees

₹500₹50,000
years
1 year10 years

Interest Rate Comparison

RD Interest Rates by Tenure

General rates across different tenures

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

Side-by-Side Rate Comparison

Direct comparison of general rates

UCO Bank
Indian Bank

Feature Comparison

Features
UCO Bank
UCO Bank
Public Sector
Indian Bank
Indian Bank
Public Sector
Minimum RD Amount
₹100
₹500
Current Interest Rate (Selected Tenure)
%
%
Premature Withdrawal Penalty
1%
1%
Official Rate Source
View Official RatesView 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
Indian Bank
Public Sector Bank

Key Advantages:

Government-owned public sector bank
Established in 1907, nationalized in 1969
Wide network across India and abroad
Special Ind Secure FD scheme (444 days)
Ind Green Deposit for sustainable development
Senior citizens get +0.50% additional interest
Important: Recurring 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 includes both principal and accrued interest for RDs.

⚠️ Recommendation:

Keep your total deposits (RDs + FDs + Savings) under ₹5 lakhs per bank. If you need larger investments, distribute them across multiple banks.

Smart Distribution Strategy

Multiple RDs: Open RDs in both UCO Bank and Indian Bank

Family Accounts: Use different family members' accounts for additional coverage

💡 Pro Tip:

RDs are perfect for goal-based investing. You can open separate RDs for different financial goals across different banks to maximize returns and safety.

Key Insights & Recommendations

Choose UCO Bank If:
  • • Minimum amount: ₹100
  • • Public Sector banking preference
  • • Government-owned public sector bank
  • • Established in 1943, nationalized in 1969
  • • Wide branch network across India
Choose Indian Bank If:
  • • Minimum amount: ₹500
  • • Public Sector banking preference
  • • Government-owned public sector bank
  • • Established in 1907, nationalized in 1969
  • • Wide network across India and abroad
Best Strategy:
  • • Open multiple RDs for different goals
  • • Keep ≤₹5L per bank for insurance
  • • Compare rates before investing
  • • Consider branch convenience
  • • Review rates periodically

Explore more RD comparisons

Jump to other recurring deposit comparisons using these quick links.

Compare UCO Bank with other banks
UCO Bank vs SBI RD comparisonUCO Bank vs HDFC RD comparisonUCO Bank vs ICICI RD comparisonUCO Bank vs Axis RD comparisonUCO Bank vs Kotak RD comparisonUCO Bank vs PNB RD comparisonUCO Bank vs BOB RD comparisonUCO Bank vs IOB RD comparisonUCO Bank vs IndusInd RD comparisonUCO Bank vs Union Bank RD comparisonUCO Bank vs Canara Bank RD comparisonUCO Bank vs BOI RD comparisonUCO Bank vs Indian Bank RD comparisonUCO Bank vs Bank of Maharashtra RD comparisonUCO Bank vs IDFC First RD comparisonUCO Bank vs AU Bank RD comparisonUCO Bank vs Ujjivan SFB RD comparisonUCO Bank vs Equitas SFB RD comparisonUCO Bank vs ESAF SFB RD comparisonUCO Bank vs Jana SFB RD comparisonUCO Bank vs Suryoday SFB RD comparisonUCO Bank vs Utkarsh SFB RD comparisonUCO Bank vs TMB RD comparisonUCO Bank vs Bandhan RD comparisonUCO Bank vs City Union RD comparisonUCO Bank vs Central Bank RD comparison
Compare Indian Bank with other banks
Indian Bank vs SBI RD comparisonIndian Bank vs HDFC RD comparisonIndian Bank vs ICICI RD comparisonIndian Bank vs Axis RD comparisonIndian Bank vs Kotak RD comparisonIndian Bank vs PNB RD comparisonIndian Bank vs BOB RD comparisonIndian Bank vs IOB RD comparisonIndian Bank vs IndusInd RD comparisonIndian Bank vs Union Bank RD comparisonIndian Bank vs Canara Bank RD comparisonIndian Bank vs BOI RD comparisonIndian Bank vs Bank of Maharashtra RD comparisonIndian Bank vs IDFC First RD comparisonIndian Bank vs AU Bank RD comparisonIndian Bank vs Ujjivan SFB RD comparisonIndian Bank vs Equitas SFB RD comparisonIndian Bank vs ESAF SFB RD comparisonIndian Bank vs Jana SFB RD comparisonIndian Bank vs Suryoday SFB RD comparisonIndian Bank vs Utkarsh SFB RD comparisonIndian Bank vs TMB RD comparisonIndian Bank vs Bandhan RD comparisonIndian Bank vs City Union RD comparisonIndian Bank vs Central Bank RD comparisonIndian Bank vs UCO Bank RD comparison

Ready to Invest in Recurring Deposits?

Use our individual bank calculators for detailed planning

UCO Bank RD CalculatorIndian Bank RD Calculator