Hi dear readers, hope you are doing well, today we will know about How to get UCO Bank Home Loan, 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 are thinking of building a house and you are short of money then you can join UCO Bank home loan. It is the dream of every person to have a pucca house of his own. But we desperately need money to build or buy a house. Friends as you now Home Loan comes under the category of Secure Loan.
In this situation, if no one helps you with money, then you can contact UCO Bank. Home Loan can take UCO Bank Home Loan You have to apply to get In this article, we will know what is UCO Bank home loan, what is the interest rate, documents, eligibility and how can we apply for this home loan, so you can apply for this loan. Read this article till the end.
UCO Bank Home loan 2023
UCO Bank is a commercial bank. Like other banks, only UCO Bank provides home loan. You can take UCO Bank Home Loan to build a house, buy a house or renovate a house.
The home loan amount offered under home loan depends on factors like your income, CIBIL score, age. Under UCO Bank Home Loan, you can take a home loan from Rs 15,00,000 (15 lakh) to Rs 5 crore, but if your income is very high, then you can get a home loan up to a higher loan amount.
UCO Bank home loan starts from 6.90% per annum. If your income, CIBIL score is very good and you are an existing customer of the bank, then you can take advantage of the attractive interest rates of the bank. You can take this loan for a loan tenure of 30 years. You do not have to pay any prepayment charges under UCO Bank Home Loan. UCO Bank offers many types of Home Loan Schemes.
UCO Bank, you are eligible for the Government of India. By applying in Pradhan Mantri Awas Yojana, you can also get subsidy on home loan.
If you belong to UCO Bank If you want to take advantage of Personal Loan then you can follow this link UCO Bank Personal Loan You can apply for personal loan by clicking on
Highlights of UCO Bank Loan
- Loan Name: UCO Bank Home Loan 2024
- Name of the lending bank: UCO Bank
- Loan Amount: For Construction/Purchase/Acquisition/Extension – No upper limit / For repair/renovation – Rs 15 lakh
- Interest Rate: Starting from 6.90% pa
- Loan Tenure: 30 Years
- Processing Fee: 0.5% of the loan amount, Minimum – Rs 1500, Maximum – Rs 15,000
- Application Mode: Online / Offline
- Official Website: https://www.ucobank.com/
UCO Bank Home Loan Interest Rate 2024
UCO Bank Home Loan Home loan interest rates start from 6.90% p.a. Your credit score matters a lot while taking a home loan from UCO Bank. You can easily understand the interest rate of UCO Bank home loan from the table given below:
| CIBIL Score | uco float rate | Spread over UCO Float Rate | effective rate |
| 750 and above | 6.90% | UCO float rate i.e. 6.90% p.a at present | |
| below 750 | 6.90% | 0.10% | UCO float rate + 0.10% i.e. 7.00% p.a at present |
Before taking a personal loan, we should It is important to have information about Personal Loan Interest Rate, in the same way, before taking a home loan, we should It is very important to have information about Home Loan Interest Rate.
For the home loan we are applying for and we are not aware about the interest rate charged on that loan, then we may have to face a lot of problems at the time of loan repayment, so whenever you apply for home loan Apply, then first get information about the interest rate of that loan.
UCO Bank Home Loan Benefits and Features
- If you do not have a house and you are thinking of building a house and you are short of money then you can join UCO Bank Home Loan.
- Any individual can take home loan from UCO Bank for house construction, home purchase or home renovation.
- If you are an existing customer of the bank, then you can take advantage of the attractive interest rates of the bank.
- The amount disbursed under home loan depends on factors like your income, credit score, age.
- CIBIL score is high then you can take home loan up to higher loan amount.
- 15 lakh for home renovation/renovation and there is no upper limit for construction/purchase/acquisition/extension.
- UCO Bank Home Loan The interest rate starts from 6.90% per annum.
- If your CIBIL score is good then you can take advantage of the attractive interest rates of the bank.
- The processing fee of UCO Bank Home loan is 0.5% of the loan amount, minimum Rs. 1500 and above Rs. 15000.
- You can take this loan from the bank for a loan tenure of 30 years.
- There is no prepayment fee on this loan.
- Security – EMTD of the financed asset, no third party guarantee.
- The tax relief on principal and interest components on this home loan will be available as per the prevailing provisions under the Income Tax Act.
Types of UCO Bank Home Loan
UCO Bank offers many types of Home Loan Schemes which are as follows:
- UCO Home
- UCO Pre Approved Home Loan
- UCO Top – Up Home Loan
- Approved Builder Project Tie-Up List
UCO Pre Approved Home Loan:
- If your property is not yet identified / finalized, then you can get in-principle approval under this home loan from the bank.
- 0.25% of the loan amount, minimum Rs 1000 and maximum up to Rs 10,000.
UCO Top – Up Home Loan:
- Under this loan, by increasing the mortgage charge on the property already mortgaged to the bank, the existing home loan borrowers will be able to meet their various needs regarding education, repair, renovation and home furnishing, business needs, agricultural purpose etc. of their children. to provide finance.
- Under this home loan, you can take a minimum amount of Rs 1 lakh and maximum amount up to Rs 25 lakh.
- Overdraft – Maximum Rs 2 lakh or 10% of the original home loan
- The top-up loan will not in any case exceed the principal loan amount.
- Processing Fee – 0.10% of the loan amount or maximum Rs.10,000.
UCO Bank Home Loan Eligibility
There are certain eligibility criteria to apply for this home loan. If you fulfill all these eligibility then you can apply for this loan. To apply you must have the following eligibility:
- Any Salaried Person ( Salaried Person) and Self Employed (Self Employed ) person can apply for this Home Loan.
- Residents and non-residents of India can apply.
- The minimum age of the applicant should be 21 years and maximum 75 years.
- You can take a UCO Bank Home Loan for the following purposes:
- Ready To Buy Flats |
- Extension/Repair/Renovation of Existing House/Flat for |
- Takeover of home loans taken from other banks/financial institutions.
- You can also take this home loan for the decoration of your home.
- 40 year old house or flat.
UCO Bank Home Loan Documents Required
Before applying for this home loan, you should get all your documents together so that whenever the bank asks for documents from you, you can show them all the documents immediately. To apply for UCO Bank home loan, you must have the following documents:
| salaried person | self-employed person |
| Application form duly filled and signed with photograph | Application form duly filled and signed with photograph |
| Identity, Address and Age Proof | Identity, Occupation Address Proof, and Age Proof |
| Salary slip of last 3 months | ITR and financial statements, including balance sheet, profit and loss account, schedule |
| Bank statement of last 6 months | Bank statement of last 12 months |
| Form- 16 and Income Tax Return ( ITR) for two years | For Partnership Firms:Latest Partnership Deed
for Companies: Latest Memorandum and Articles of Association (Profit Partnership Ratio/List of Directors/CA Certificate on Shareholding Partnership) for Limited Liability Partnership: LLP Agreement |
| property title document | property title document |
UCO Bank Home Loan Apply
If you fulfill all the conditions of home loan of this bank, then you can apply for this loan. You can apply for this loan both online and offline. Information about both the process of applying is given here.
UCO Bank Home Loan Online Apply
If you want to apply for this loan online from your mobile phone, 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 find Home Loan Click on this option will appear.
- After clicking, all the information related to home loan will come in front of you on the next page.
- If you fulfill all the conditions of this loan, then you will get on this page. Apply Now Click on this option will appear.
- After clicking, the form will open in front of you.
- Enter all the information asked in the form correctly and submit the form.
- After that the representative of the bank will contact you and the loan process will be issued further.
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 employee will provide you all the information related to the home loan.
- After that your documents will be verified.
- Then you will be given an application form which you have to fill correctly and submit it to the bank.
- If your loan is approved then the loan amount will be transferred to your bank account.
Home Loan Fees & Charges
- Processing Fee – 0.5% of the loan amount, minimum Rs. 1500 to maximum Rs. 15000
- Prepayment Fee – Nil
UCO Bank Home Loan EMI Calculator
Before applying for a home loan, you should calculate the EMI (Equated Monthly Installment) of your loan. If you apply for a home loan without calculating the EMI of your loan, you may face difficulties at the time of loan repayment. Home loan EMI depends on three main factors – loan amount, interest rate and loan tenure. You can visit the official website of UCO Bank Home Loan EMI Calculator You can calculate the EMI of your loan by using
UCO Bank Loan Customer Care Number
If you are facing any problem in applying for this loan then you can contact UCO Bank Home Loan Customer Care Number – 1800 103 0123 by calling.
| 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 you Have provided complete information about UCO Bank Home Loan. If you are thinking of building a house and you are short of money, then you can join this home loan.
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FAQs on UCO Bank Home Loan
Q. What is Home Loan ?
Ans . When we take a loan to build a house, buy a house or renovate a house, it is a home loan. Like other banks and financial institutions, UCO Bank also provides home loan facility to its customers.
Q. What is the interest rate of UCO Bank home loan ?
Ans . The interest rate of this home loan starts from 6.90% p.a.
Q. What is the loan tenure of UCO Bank home loan ?
Ans . up to 30 years
Q. How can I apply for UCO Bank Home Loan ?
Ans. Complete information about applying for this home loan is given in this article. You can apply for this loan with the help of this article.
Q. How much home loan can I get from UCO Bank ?
Ans . For Construction / Purchase / Acquisition / Expansion – No upper limit and up to Rs.15 lakh for repairs / renovation.