Product Details
Bank Name
UCO Bank
Account Name
UCO General Saving Scheme
Account Type
Savings.
Interest Rate
Upto Rs 10 lakhs: 2.60% and over Rs 10 lakhs: 2.75%.
Free Debit Card
VISA Debit Card
Account Opening Fees
Debit Card Charges
Free
Annual Maintenance Fees
Nil
NEFT Charges
Free if done online.
Minimum Account Balance
Metro-Rs. 1000, Urban-Rs1000, Semi Urban-Rs.500, Rural-Rs. 250
IMPS Charges
Free if done online.
Fees and Charges of
UCO General Saving Scheme
Special Features
- Low minimum balance requirements between INR 250 to INR 1500.
Eligibility Criteria
Benefits
Features, Eligibility and Benefits of
UCO General Saving Scheme
Pros & Cons of
Pros
- Users will get 1 booklet free (20 cheque leaves) per half year.
- Users will get a free debit card.
- Low minimum balance requirements between INR 250 to INR 1500.
Cons
- Low interest rate.
- Minimal value add features.
UCO General Saving Scheme
UCO General Saving Scheme Review
The account comes with low interest rate and offers minimal value add features.
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Review of
UCO General Saving Scheme
Account Opening and Procedure of
How to open an Account?
The UCO Saral Savings Deposit Scheme is likely a simplified savings account offered by UCO Bank. Here's how you can generally open such a basic savings account:
1. Visit your nearest UCO Bank branch.
2. Collect the account opening form.
3. Fill out the form accurately and completely.
- Provide your personal details, such as name, address, contact information, etc.
4. Submit the form and required documents.
- Proof of Identity: Aadhaar Card, PAN Card, Passport, Driving License, Voter ID
- Proof of Address: Recent utility bills, passport, driving license, voter ID
- Photographs: 2-3 recent photographs
5. Account Activation:
- The bank will verify your documents and process your application.
- Once approved, your UCO Saral Savings Account will be activated, and you'll receive your account details, including your account number, debit card, etc.
Application Procedure
UCO General Saving Scheme
About this content
Public source: Original MyRupaya page
Captured 2026-11-06T10:52:46Z. Public page text has been preserved and restyled. Historical financial/product information may be outdated. Embedded widgets and forms are not copied or connected to live services.
