Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
PARAMETER
1.
2.
Scheme Type
3.
Period of operation
of the Scheme
The scheme would be open for the general public from June 10th, 2013 and
will remain valid up to September 30th, 2013.
However, the Bank would reserve the right to modify, withdraw or extend the
scheme without any prior notice.
Eligibility to Open
Account
5.
KYC Norms for opening account are applicable for these accounts and
hence proof of residence and proof of identification will be required along
with recent photograph of the depositor/s.
6.
Period of Deposit
333 days
Amount of Deposit
7.
a) Minimum Amount
Rate of Interest
9.
Payment of Interest
Interest will be paid only at the time of maturity along with principal with
quarterly compounding effect.
10. Premature
Withdrawal
Loan/Overdraft
11. against the Deposits
12. Nomination
13. Payment to
Nominee/ Legal
Heirs
14. Participating
Branches
In the event of the death of the depositor, the deposit would be paid to the
nominee/legal heirs as per the existing rules.
The existing Application Form for Fixed Deposits is to be used for accepting
deposits under the Scheme.
Page- 1 - of -3-
The quarterly compounding would be done for the first three quarters and
simple rate of interest would be paid on the compounded amount after the
three quarters for the remaining number of days of the above deposit period.
However, the payment/credit of interest to the account will be subject to TDS
as applicable.
SN
PARAMETER
Tax would be deductible at source as per the prevailing Income Tax rules.
19. Transferability
Senior Citizen*
(*Incentive rate for Senior Citizen category is applicable only for deposits
less than ` 1 cr.)
The overall ceiling in amount for Ex-Staff/ Ex-Staff members for being eligible
for higher rate under the scheme shall be equal to the terminal benefits plus
Rs. 10 lac, as usual.
21. Acceptance of
Deposits under the
Scheme
Applicability of
normal Fixed
Deposit Rules
Other than the special terms and conditions of the scheme, the deposits
under the scheme would be governed as per the normal Fixed Deposit Rules
of the Bank.
A separate Product Code under the CBS system for the scheme would be
created by Head Office, DIT.
Further, Head Office, DIT would be circulating the Job Card for UCO DhanLaxmi Fixed Deposit Scheme containing the guidelines for the branches for
opening the required account in CBS for operationalizing the scheme.
22.
Page- 2 - of -3-
However, any existing Fixed Deposit maturing during the scheme period
would be eligible to enter into the scheme as it would be a fresh deposit for
the Bank under the Scheme.
ANNEXURE - II
/ UCO Bank
_______________________ Branch
___________________________________________________________________________________
Dated:
/ 2013
Name:
______________________________________
Address:
______________________________________
______________________________________
Mob No:
______________________________________
Page- 3 - of -3-
Signature 3: _____________________________________