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UCO Bank’s FD interest rates vary based on the deposit tenure and the type of depositor (regular or senior citizen). Typically, the rates range from 2.90% to 6.30% for regular depositors and slightly higher for senior citizens. For the latest rates, please check the official UCO Bank website or InsureMile.

InsureMile offers a comprehensive comparison tool that allows you to compare UCO Bank’s FD rates with those of other banks. You can enter your preferred deposit amount and tenure to see the interest rates offered by different banks and make an informed decision.

To buy a UCO Bank FD online through InsureMile, follow these steps:

1. Visit the InsureMile website and navigate to the Fixed Deposits section.
2. Select UCO Bank from the list of available banks.
3. Enter your deposit amount and tenure.
4. Fill  the required personal and financial details.
5. Complete the payment process to open your FD.

To open a UCO Bank FD online, you typically need the following documents:

• A valid government-issued ID (Aadhar Card, PAN Card, Passport, etc.)
• Address proof (Utility bill, Aadhar Card, Passport, etc.)
• Recent passport-sized photographs
• Bank account details for linking your FD

To renew your UCO Bank FD through InsureMile:

1. Log in to your InsureMile account.
2. Go to the ‘My Investments’ section and select your UCO Bank FD.
3. Choose the ‘Renew FD’ option.
4. Review and confirm the renewal details, including the tenure and interest rate.
5. Complete the renewal process by following the on-screen instructions.

Yes, premature withdrawal of UCO Bank FD usually incurs a penalty. The penalty rate varies depending on the remaining tenure and the bank’s policies. It’s typically around 0.5% to 1% of the interest rate applicable for the period the FD was held. It’s advisable to check the specific terms and conditions for premature withdrawal on the UCO Bank website or contact their customer service for detailed information.