Interest Upfront Fixed Deposit (IUFD)

Break the Convention & Earn Your Interest Upfront !

The name says it all! Interest Upfront. UCB’s Interest Upfront Fixed Deposit credits the full interest earnings into the customer’s account the day the FD is opened. Now you can enjoy the reward of your patience without waiting! This is a major departure from the conventional Fixed Deposit product in the market.

Key Features:

  • Full tenor’s interest paid at the day of FD opening. Hence, Effective Rate will be much higher than the published rate due to reinvestment opportunity
  • Open with minimum 50,000 taka with no upper limit
  • Available tenors: 12 & 18 months
  • Preferential Interest Rate for Senior Citizens (60 years & above)
  • Interest for the whole tenor will be credited automatically to UCB Current/Savings Account on the day of FD opening. Stand Alone IUFD is NOT ALLOWED. Customer must have to open/have a link account (either Current/Savings Account with UCB)
  • Fulfill urgent financial requirements without breaking the FD by availing credit facility up to 80% of the deposit
  • Automatic renewal of the FD
  • Partial Encashment of the FD is NOT ALLOWED
  • 24/7 instant access to link account balance through any VISA/MasterCard ATM all over the country


Interest Rate:                   

12 Months

18 Months

Regular Customer

7.10% p.a.

7.30% p.a.


7.30% p.a.

7.50% p.a.

Senior Citizen (60 years & above)

7.50% p.a.

7.70% p.a.

For details, please contact your nearest UCB Branch or call



  • Income tax on interest & Excise Duty will be as per prevailing regulatory guidelines
  • Conditions apply