top of page
Product Details
Bank Name

UCO Bank

Account Name

Account Type

Motor Accident Claims Tribunal
SB Account (MACTSBA)
For crediting the maturity amount
f term deposit on monthly basis
two type of SB account can be
opened:
SB 136 To be credited monthly
installment amount in linked
operative SB account in our bank
SB 137 To be credited monthly
installment amount for the
purpose of transfer to other bank’s
SB account as mentioned in the
court order.

Interest Rate

Upto Rs 10 lakhs 2.60% (Linked with Repo)
over Rs 10 lakhs 2.75% (Not Linked with Repo)

Free Debit Card

By default, these facilities are not available in this product.
ATM Card or Cheque Book shall not be issued without the permission of the Court.

Motor Accident Claim Tribunal SB Account
Account Opening Fees

0

Annual Maintenance Fees

Nil

Minimum Account Balance

Zero Balance Account

Debit Card Charges

NEFT Charges

IMPS Charges

Fees and Charges

Motor Accident Claim Tribunal SB Account

Special Features
For Beneficiaries or victims of Motor Accidents
Eligibility Criteria
Beneficiaries or victims of Motor Accidents (as per court order).
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
Zero Balance account For victims of Motor Accident This account will be free from any type of service charges. To be used for crediting FD maturity amount (monthly).
Cons
ATM Card or Cheque Book shall not be issued without the permission of the Court. Only single operation (strictly)
Application Procedure

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add a Title

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Product Review
Account Opening and Procedure
How to open an Account?
Application Procedure
bottom of page