Understanding UCO Bank Home Loan Interest Rates
UCO Bank provides affordable and transparent home loan interest rates, suitable for salaried and self-employed individuals. With rates starting from 8.45% p.a., UCO Bank remains a top choice for home financing in India. The loans are linked to the Repo Linked Lending Rate (RLLR), which aligns with RBI’s policy changes, making them fair and dynamic.
Latest UCO Bank Home Loan Interest Rates – April 2025
| Applicant Category | Interest Rate (p.a.) | Loan Amount | Tenure |
|---|---|---|---|
| Salaried Individuals | 8.45% – 9.25% | Up to ₹75 Lakhs | Up to 30 years |
| Self-Employed Borrowers | 8.55% – 9.35% | Up to ₹75 Lakhs | Up to 30 years |
| Women Applicants | 0.05% interest concession | Applicable on all | Subject to eligibility |
| Balance Transfer | 8.45% onwards | Based on outstanding | Remaining tenure |
Customer Care Numbers – UCO Bank
| Service | Toll-Free Number | Availability |
|---|---|---|
| Home Loan | 1800 103 0123 | 24×7 Toll-Free |
| Personal Loan | 1800 274 0123 | 24×7 Toll-Free |
| Gold Loan | 1800 123 0123 | 24×7 Toll-Free |
| Savings Account | 1800 274 0123 | 24×7 Toll-Free |
| General Banking | 1800 103 0123 / 1800 274 0123 | 24×7 Toll-Free |
Home Loan EMI Calculator
Use UCO Bank’s official EMI calculator to plan your repayment better.
Formula:
> EMI = [P × R × (1+R)^N] / [(1+R)^N – 1]
> P = Loan Amount, R = Monthly Interest Rate, N = Loan Tenure (months)
Example
Loan Details
| Loan Amount | Interest Rate | Loan Tenure | EMI (Monthly Installment) |
|---|---|---|---|
| ₹50,00,000 | 8.55% | 20 years | ₹43,412 per month |
UCO Bank Personal Loan Details
Features
– Loan Amount: ₹50,000 to ₹10 Lakhs
– Tenure: 1 to 5 years
– Interest Rate: Starting from 10.70% p.a.
– Processing Fee : 1% of loan amount (max ₹10,000)
– Eligibility: Salaried/retired/self-employed with regular income
Quick disbursal, minimum documentation, and no security required.
UCO Bank Credit Card Details
Card Variants:
– UCO Bank RuPay Credit Card
– UCO Bank Classic Credit Card
– UCO Bank Platinum Credit Card
Features
– Interest-Free Period**: Up to 50 days
– Annual Fees: Starting ₹499 (may vary by card)
– Reward Points: 1 point per ₹100 spent
– EMI Conversion: Available on transactions above ₹3,000
– Fuel Surcharge Waiver**: Up to ₹200/month
Apply via UCO Bank Credit Card
.
UCO Bank Home Loan Products
– UCO Home Loan – Purchase or construct a house
– UCO Top-Up Loan – Use for repairs, renovations
– UCO Balance Transfer – Shift your existing home loan to UCO Bank at better rates
Loan Eligibility Criteria
Loan Eligibility Criteria
| Criteria | Details |
|---|---|
| Age | 21 – 70 years |
| Employment | Salaried or self-employed |
| Monthly Income | Minimum ₹25,000 |
| Credit Score | Minimum 700 (for best rates) |
| Co-applicant | Optional, but helps in increasing eligibility |
Documents Required for Home loan
For Salaried:
– Identity Proof (PAN/Aadhar)
– Salary Slips (3 months)
– Bank Statement (6 months)
– Form 16 / ITR
– Property Documents
For Self-Employed:
– Business Proof
– ITR for last 3 years
– Balance Sheet and P&L
– Bank Statements
– KYC Documents
Other Charges and Fees
Loan Fee Structure
| Type of Fee | Amount |
|---|---|
| Processing Charges | 0.50% of the loan amount (Max ₹15,000 + GST) |
| Legal/Technical Charges | ₹5,000 to ₹10,000 |
| Prepayment/Foreclosure Fee | Nil on floating rate loans |
| Late Payment Penalty | 2% per month on the overdue EMI |
How to Apply for UCO Bank Home Loan
1. Visit the [UCO Bank official website
2. Fill out the application form
3. Submit KYC and income proof
4. Get home loan approval within days
5. Loan sanctioned & amount disbursed after property verification .
FAQs – UCO Bank Home Loan, Credit Card & Personal Loan
1. What is the minimum interest rate for UCO Bank home loan?
The interest rate starts from 8.45% p.a. for salaried applicants.
2. Does UCO Bank offer balance transfer for home loans?
Yes. You can transfer your existing home loan to UCO Bank at competitive interest rates.
3. What’s the EMI for a ₹40 lakh home loan at 8.50%?
Approximate EMI for 20 years = ₹34,678 per month.
4. What is the interest rate for UCO Bank personal loans?
Interest starts from 10.70% p.a., with flexible repayment of up to 60 months.
5. Does UCO Bank provide credit cards?
Yes. UCO Bank offers **multiple credit card options under Visa and RuPay networks.
6. Is there a concession for women borrowers?
Yes, women applicants get a 0.05% interest rate concession** on home loans.
7. Can I prepay my loan early?
Yes, no prepayment charges apply on floating rate home loans.
8. Is EMI calculator available online?
Yes, UCO Bank offers an online EMI calculator
9. Is there any processing fee on personal loans?
Yes, 1% of the loan amount, subject to a maximum of ₹10,000.
10. How can I apply for a UCO Bank credit card?
Visit your nearest branch or apply online at UCO Bank Credit Card Portal
Conclusion
UCO Bank offers a full range of financial solutions, including home loans, personal loans, credit cards, and savings products with competitive interest rates and transparent charges. Whether you’re buying a home, funding personal needs, or seeking credit flexibility, UCO Bank provides affordable, fast, and reliable services to meet your financial goals.
