This loan is given by the bank on its own risk, so whenever you are applying for this instant personal loan, then your CIBIL score should be very good
From UCO Bank, the applicant can get a personal loan up to 10 times his monthly income and up to a maximum of Rs 10,00,000 (10 lakhs).
The interest rate of UCO Bank personal loan starts from 6.90% p.a. For males it is UCO Float Rate + 3.40% per annum and for females it is UCO Float Rate + 3.15% per annum.
Under UCO Bank personal loan, you do not have to give any security on personal loan up to Rs 2 lakh.
The time to repay the loan i.e. the loan tenure is 60 months for women and 48 months for men. UCO Bank offers various types of personal loan schemes to the customers.
The amount disbursed under UCO Bank Personal Loan depends on several factors like income, credit history, age etc. of the applicant.
You can apply for this loan online by visiting the bank's official website or by visiting the nearest bank branch.