Products
1) Investments
| Fixed Deposit |
| Fixed Deposit on Maturity |
| Fixed Deposit Quarterly |
| Fixed Deposit Quarterly Auto Renewal |
| Fixed Deposit Special |
| Fixed Deposit Special On Maturity |
| Fixed Deposit Quarterly Special |
| Fixed Deposit Special Yearly |
| Fixed Deposit Yearly |
| Recurring Deposit |
| Reinvestment Deposit |
| Reinvestment Deposit Auto Renewal |
| Members Personal Security Fund |
| Daily Deposit Scheme 3 months |
| Daily Deposit Scheme 1 year |
| ii) Current Deposits(Individuals) |
| (iii) Savings bank deposits |
2) Deposit Rate
A) Deposit Rates
| Duration |
Interest Rate (% pa)
01/12/2017 |
Interest Rate (% pa)
02/04/2018 |
Interest Rate (% pa)
For senior citizen |
| Savings / Daily Deposit |
4.00% |
4.00% |
- |
| 15 days to 90 days |
5.00% |
5.00% |
|
| 91 days to 180 days |
6.25% |
6.25% |
|
| 181 days to less then one year |
6.50% |
6.50% |
|
| one year to below two years |
6.75% |
6.85% |
7.35% |
| Two year to below three years |
6.60% |
6.60% |
7.10% |
| three year to less than five years |
6.40% |
6.45% |
6.95% |
| Five year to less than ten years |
6.30% |
6.35% |
6.85% |
B) Special Deposit Schemes.
| 1. Special Fixed Deposit |
| Term |
1 to 3 Years |
| Lock-in Period |
1 Year |
| Minimum Deposit |
50,000/- (Thereafter in Multiples of 25000/-) |
| Rate of Interest |
7.10% p.a |
| Applicable to |
General (Only for Individuals) |
N.B:- 1) In case of prematurity of R/D/RD/FD/FDS/FDSOM/RIDAUTO/FDAUTO/All other TDRs penal interest @1% is applicable
3) LENDING RATE
- 12% FOR ALL LOAN
- 11% FOR HOUSE BUILDING
- ALL KIND OF BUSINESS LOAN AVAILABLE INCLUDING CASH CREDIT LOAN AT LOW RATE
4) LOCKER FACILITY AVAILABLE
- LOCKER RATE RS 800 YEARLY GST EXTRA
5) IFSC CODE :- HDFC0CUCBLM
- FACILITIES AVAILABLE:- GOVT SUBSIDY/ECS/CHEQUE CLEARING
6) ON LINE FUND TRANSFER:- NEFT/RTGS AVAILABLE
7) UNCLAIMED DEPOSIT 
- AMOUNT MAY VARY AT RESPECTIVE ACCOUNT . CONTACT BANK FOR DETAILS AND IF ANY DISPUTE ARISES THE MANAGEMENT OF THIS BANK IS FINAL FOR TAKING ANY DECISION.
*****
Dear Customer,
At The Union Cooperative Bank customer, the safety and well-being of our customers is of utmost importance to us.
The Union Cooperative Bank offers you a choice to continue to make payments towards your loan/ credit facility or opt for a moratorium till May 31, 2020. Please visit www.tucbl.co.in to specify your choice for your respective products. In case you do not choose, the Bank’s default option for respective products will be applicable.
Interest shall continue to accrue on the outstanding portion of your loan/ credit facility during the moratorium period.
We cherish the relationship you have with us and urge you to stay safe.
Sincerely,
THE UNION COOPERATIVE BANK LIMITED MAHINAGAR LOAN ACCOUNT NO NAME