UCO Bank Personal Loan Apply, Interest Rate 2024

UCO Bank Personal Loan Apply, Eligibility, Interest Rate, EMI Calculator, Minimum Salary, Civil Score and more details that we read in this article please read till the last.

If you want to apply for personal loan from UCO Bank for your personal expenses then this article is for you. As you know that UCO Bank is a commercial bank that provides personal loan to the people. To get UCO Bank Personal Loan, you have to apply in it.

You can apply for UCO Bank Personal Loan to pay any of your personal expenses. In this article, we will know what is UCO Bank personal loan, what is the interest rate of this loan, eligibility for this loan, documents and how can we apply for this loan etc. It is requested that you read this article till the end.

UCO Bank Personal Loan

You can take UCO Bank Personal Loan to meet any of your personal expenses like marriage, higher education, children’s fees, medical expenses, traveling etc. As you know that personal loan is an unsecured loan. 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. If your credit score and your income is high, then you can take advantage of this personal loan up to a higher loan amount.

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). UCO Personal Loan interest rate starts from 6.90% 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.

UCO Bank Personal Loan Overview

• Loan Name: UCO Bank Personal Loan 2024
• Lending Bank Name : UCO Bank
• Loan Amount : Maximum up to Rs 10 lakh
• Loan Tenure : For Women – 60 Months / For Men – 48 Months
• Interest Rate: Starting from 6.90% p.a. / for men = UCO float rate + 3.40% p.a. for women = UCO float rate + 3.15% p.a.
• Processing Fee: 1% of the loan amount (Min – Rs.750)
• Application Mode: Online / Offline
• Official Website: https://www.ucobank.com/
• Learn UCO Bank Wiki

UCO Bank Personal Loan Interest Rate 2024

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. Before applying for a personal loan of any bank, it is very important for you to get information about the interest rate of that loan.

Before taking a personal loan, it is very important for us to have information about Personal Loan Interest Rate 2024. If you apply for that loan without knowing the interest rate of the loan, then you may have to face a lot of problems at the time of repayment of the loan.

Types of UCO Bank Personal Loan

UCO Bank offers various types of Personal Loan Schemes. You can do the personal loan of the bank for which you want to apply, if you fulfill all the conditions of that loan.

• UCO Cash
• UCO Pensioner Loan
• UCO Shopper Loan Scheme
• UCO Securities
• Gold Loan Scheme

Benefits and Features of UCO Bank Personal Loan

• You can take advantage of UCO Bank Personal Loan for your personal expenses like wedding expenses, education, children’s fees, traveling etc.
• Any person Salaried Person and Self Employed can apply for this Personal Loan.
• You can take a personal loan up to 10 times your monthly income or up to a maximum of Rs 10,00,000 (Ten Lakh) from this bank.
• You do not have to provide any security on personal loans up to Rs 2 lakh.
• The loan tenure is 60 months for women and 48 months for men.
• Under UCO Bank Personal Loan 2024, the processing fee is 1% of the loan amount (minimum Rs 750).
• The interest rate of UCO Bank personal loan starts from 6.90% p.a.
• 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.

UCO Bank Loan Application Form

If you fulfill all the conditions of this personal loan then you can apply for it. You can apply for this loan both online and offline. You can apply offline by visiting your nearest bank branch and filling the application form. But before applying, you must have some eligibility and documents.

UCO Bank Personal Loan Eligibility

• Any Salaried Person (Salaried Person) and Self Employed (Self Employed) person can apply for this loan.
• Salaried person should have completed 3 years service in the same organization.
• Applicant’s age should be between 21 to 65 years.
• Your income – should not be less than 40% of the total salary after deducting PF, IT and other statutory deductions.
• It is mandatory for you to have all the documents.

UCO Bank Personal Loan Documents Required

Before applying for UCO Bank Personal Loan, you should keep all your documents together so that whenever the bank asks for documents from you, you can show them the summary.

• Signed application with photo
• Identity Proof: Voter ID / Passport / Driving License / Aadhar Card
• Address Proof: A copy of your Electricity Bill / Ration Card / Passport / Aadhar Card (Any one)
• 3 months bank statement
• For Salaried Applicants: Form 16 with 3 months salary slip and latest salary certificate
• For self-employed applicants: latest bank details and income tax return or Form 16

UCO Bank Personal Loan Apply

If you fulfill all the conditions of the personal loan of the bank, then you can apply for this loan. You can apply for this loan both offline and online. Information about both the process of applying is given here.

UCO Bank Personal Loan Apply Online

If you want to apply online for this loan, then follow the steps given below:

• First of all you have to visit the official website of UCO Bank https://www.ucobank.com/.
• On the home page of the website, you will see the option of Personal Loan, click on it.

• On the next page, you will see all the information related to personal loan.
• You have to read this information and if you are eligible for this loan, then you will see the option of “ Apply Now ” on this page, click on it.
• On the next page, UCO Bank Loan Application Form will come in front of you.
• You have to submit the form by entering all the information asked in this form.
• After submitting the form, the representative of the bank will contact you and the loan process will be issued further.
• If you fulfill all the conditions of the bank then your loan will be approved.

How to apply offline?

• To apply offline, you have to first go to your nearest UCO Bank branch.
• By going to the bank, you will have to contact the representative of the bank.
• The bank representative will provide you all the information related to the personal loan.
• After that your documents will be verified.
• Then you will be given a form which you have to fill.
• After filling the form, the loan process will be issued further.

UCO Bank Personal Loan EMI Calculator

Before applying for the loan, you should calculate the EMI (Equated Monthly Installment) of your loan. By calculating the EMI of the loan, you can find out how much you will have to pay monthly at the time of repayment of the loan. The EMI of the loan depends on three main factors – loan amount, interest rate and loan tenure. If you do not calculate the EMI of your loan before applying for a personal loan, then you may face problems at the time of loan repayment. You can calculate the EMI of your loan using the Personal Loan EMI Calculator by visiting the official website of UCO Bank.

UCO Bank Personal Loan Customer Care Number

• Toll Free Number – 1800 103 0123

Toll Free Number	1800 103 0123
For ATM hotlisting & helpline mail	[email protected]
Other ATM Queries	[email protected]
E-banking related queries	[email protected]
Customer Grievances	[email protected]
Customer Feedback/suggestions	[email protected]
M-banking related queries	[email protected]

Conclusion:

In this article, we have provided you complete information about UCO Bank Personal Loan. Any person who wants to take advantage of UCO Bank personal loan for his personal expenses can read this article and apply for UCO Bank personal loan.

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FAQs UCO Bank Personal Loan