FEE BASED SERVICES

PERSONAL BANKING
LOANS & ADVANCES
HOUSE LOAN
PRODUCT
UCO HOUSE
UCO PRE APPROVAL UCO TOP UP HOME
TYPE
HOME LOAN
LOAN
MAXIMUM &
The
area-specific
1.
For
metro/urban/semi
Term Loan:
MINIMUM
maximum limits for
urban 25lac for repairs
construction/purcha
Minimum: Rs. 1
se are as under:
2. For rural 7.5lac.
lakh
Maximum: Rs 25
1.For
metro/urban/semi
urban 25lac for repairs
lakhs

2. For rural 7.5Lac.

REPAYMENT
DURATION

FEATURES

Loan to repay before

the borrower attains
the age of 70 years.

The maximum period of

repayment is 30 years/360
EMI but should not be
beyond 70 years in case of
all class of borrower.

Eligibility
Individual (including NRI
and PIO) having minimum
21 years of age and
maximum 70 years of age
(all class of borrower)
inclusive of repayment
period.
Processing Fee

Eligibility:

Individual
(including NRI and
PIO)
having
minimum 21 years
of
age
and
maximum 70 years
of age (all class of
borrower) inclusive
of
repayment
period.

0.5% of the loan amount,

minimum Rs.1500/- & Loan Entitlement:
maximum Rs. 15000/-.
Least of the Loan amount
computed under A and B
Security

Eligibility:

All Home Loans

borrowers
with
regular repayment
record of at least 36
installments after
moratorium.
No overdue in
existing
Home
Loan account
Valid
mortgage
have been created
in favour of the
Bank.

Pre-payment

EMTD of property below:

financed.
No third party
A. On the basis of
purpose/Cost:
guarantee
o 90%(loan up
Tax Benefits
to Rs 20
lakhs),
Tax relief on principal and
o 80%(loan
interest components of this
above Rs 20
loan would be available as
lakhs to Rs
per provisions prevailing
75 lakhs) or
under Income Tax Act.
o 75% (loan
above Rs 75
Loan Entitlement
lakhs) of the
project cost
Least of the Loan amount
of
computed under A and B
construction
below:
or purchase
price
of
A. On the basis of
house/flat as
purpose/Cost:
per
o 90%(loan
agreement
up to Rs 20
for sale.
lakhs),
o 80%(loan
Validity of Pre-Approval
above Rs
sanction letter:
20 lakhs to
Rs
75
4 Months from the
lakhs) or
date
of
preo 75% (loan
approved sanction
above Rs
letter.
Further,
75 lakhs) of
request
for
the project
extension of the
cost
of
time/validity shall
constructio
not be considered.
n
or
Processing Fee and other
purchase
Charges:
price
of
house/flat
0.25%
of
preas
per
approved
loan
agreement
amount)
for sale.
Minimum
Documents required:

KYC-PAN, address

Rs. 1,000/Maximum

Charges:

NIL

Security/Guarantee:

Extension
of
Mortgage on the
House property
already
mortgaged to the
Bank.

Cash Credit/Overdraft:

Maximum
Rs.2.00 lakhs or
10% of original
housing
loan
whichever
is
lower.

Processing Fee:

0.10% of the
loan amount
Maximum
Rs.
10,000/Documents required:

KYC-PAN,
address & ID proof

Income
proof,
bank statement and one
photograph

TARGET
CUSTOMER
INTEREST
RATE

& ID proof
Income proof, bank
statement
and
one
photograph

At MCLR of 1 Year +
0.15%, present effective
rate: 9.60% p.a.

Rs. 10,000/- to be
collected at the time
of providing preapproval offer letter.
Documents required:

KYC-PAN, address
& ID proof

Income proof, bank

statement
and
one
photograph

At MCLR of 1 Year
+ 0.15%, present
effective
rate:
9.60% p.a.

1.40%
over
MCLR of 1 Year,
present effective
rate: 10.95% p.a.

VEHICLE LOAN
PRODUCT
TYPE
MAXIMUM
LOAN

UCO CAR

For New Car:

o Maximum
finance
would be
85%
of
the
on
Road
Price i.e.
Ex Show
Room
Price+
Cost
of
Registrati
on +One
Time
Road
Tax+
Insurance
(one time)

UCO
CAR
LOAN UCO TWO WHEELER
COMBO SCHEME
SCHEME
Maximum Loan
Amount Rs.60,
000/-(May
be
enhanced to Rs.1
lakhs for feature
rich
twowheelers).

REPAYMENT
DURATION

with no
ceiling on
maximum
loan
amount.
For Pre-used Car:
o Rs
15
lakhs if
purchased
from
reputed
certified
car
dealers
for
pre
used cars.
o Rs 5 lakhs
if
purchased
from
others

New
Car:
Maximum 84 EMI
Pre-used Car:
Maximum 60 EMI

Maximum
48
Equated Monthly
Installments.

FEAUTERS

Income Criteria
Salaried Group
1. Minimum monthly takehome pay would be
Rs.20000/- at all centers
after all statutory deductions
and existing loans liabilities
+ EMI of the proposed loan.
Maximum loan limit 36
times of Gross Monthly
Income.
Non-salaried Borrower

1. The facility is not

available to those Income Criteria
borrowers
whose
Salaried
home loan accounts
borrower
have
been
restructured/reschedu
o Minimu
led during the tenure
m gross
of the loan.
salary
2. This facility is also
of
available to those
Rs.8000
borrowers
whose
/-p.m
home loan accounts
have been closed
o Minimu
after
regular
m take
repayment
except
home
take-over by other

Minimum Income criteria

for Professionals & Selfemployed
Businessman
would be Rs 5. 00 lakhs p.a
in Metro Centers and Rs
4.00 Lakhs p.a in other
centres
as
per
ITR/
Assessment of ITR during
the preceding year.
Maximum loan limit three
times of average gross
annual income for the last 2
years.
Farmers & Agriculturists
Minimum Gross Income of
Rs. 4.00 lakhs p.a. during
the previous financial year.
Farmers
having
land
holding in their own name.
Maximum loan limit: Three
times of Annual Income of
the previous financial year.
Business Concerns
Business concern must be in
profit for last 2 years and
cash flow during the
currency of loan must be
sufficient enough to repay
the proposed loan after
satisfying
all
existing
liabilities if any.
Insurance

UCO Rin Jeevan

Suraksha to cover
the
outstanding
loan in case of
accidental
or
natural death of
borrower

banks.
3. This
facility
is
available to only
those Home loan
borrowers who have
been paying EMI
regularly
for
minimum two years
after
moratorium
period and are regular
during the entire
tenure of the loan.

income
of 40%
p.m.
after
taking
into
account
the EMI
of the
propose
d loan.

Non-salaried
borrower
o Minimu
m
income
of Rs. 1
lakhs
p.a as
per
Income
Tax
Return/
Assess
ment
order in
the
precedin
g year
OR
minimu
m
income
of Rs.
1.50
lakhs
p.a for
purchas
e
of
feature
rich
vehicles

.
o 40%
take
home
pay
shall be
ascertai
ned.
o Agricult
ural
Borrow
er- Selfdeclarati
on
of
income
to the
satisfact
ion of
Sanctio
ning
Authorit
y.

Age Criteria

Salaried
Borrower : 21 to
55 years
Non-Salaried
Borrower : 21 to
60 years

Insurance

TARGET

Target Group

UCO
Rin
Jeevan
Suraksha to
cover
the
outstanding loan
in
case
of
accidental
or
natural death of
borrower

GROUP
1. Salaried Group
o Regular
Employee
with
minimum 6
months
completed
service.
2. Non-salaried
Group
o Established
professiona
ls & Self
Employed,
Businessme
n
o Farmers
and
Agriculturi
sts.
3. Business Concerns
(Corporate & Non
Corporate)
4. Ex-staff
Pensioners

and

5. NRIs
INTEREST
RATE

New Car: - MCLR

of 1 Year + 0.40%
presently
9.85%
p.a.
Pre-Used cars :o MCLR of
one year
+ 1.50%
if
purchased
from
certified
car dealer

New Car: - MCLR

of 1 Year + 0.40%
presently 9.85% p.a.
Pre-Used cars :o MCLR of
one year +
1.50% if
purchased
from
certified
car dealer
presently
10.95%

For
General
category
MCLR of 1 Year
+ 4.40%

Accounts with
full
liquid
collateral
security
1.00% interest Rebate
Accounts with
50%
liquid
collateral

presently
10.95%
p.a.
o MCLR of
one year
+ 2.00%
for
all
others
presently
11.45%
p.a

p.a.
o MCLR of
one year +
2.00% for
all others
presently
11.45%
p.a.

security
0.50% interest Rebate

MOTGAGE LOAN
PRODUCT
TYPE
MINIMUM
AND
MAXIMUM

UCO PROPERTY LOAN UCO RENT

SCHEME

Minimum Amount: No
Change
Maximum Amount: Rs.
200
lakhs
for
individuals & Rs. 500
lakhs
for
Firms/
Companies.

REPAYMENT
DURATION
FEATURES

To Owner of our Bank

Branch Premises or
where tenant is PSUs,
Reputed Corporate, FI,
Insurance
Companies
and MNCs 70% of the
total rent receivables
during the unexpired
lease period or loan
period less total of
advance deposit & all
other applicable taxes.
For others -55% of the
total rent receivables
during the unexpired
lease period or loan
period less total of
advance deposit & all
other applicable taxes.
Minimum Rs. 1 Lakhs
Maximum
repayment
period is 120 months.

Eligibility

Any individual in

Eligibility
Owners i.e. lessors of

UCO
SWABHIMANSCHEME
FOR
SENIOR CITIZENS
Based on valuation of the
property and age of the
borrower - Maximum
Rs.50 lakhs

Minimum 5 years and

maximum 15 years.
Eligible Borrowers
Senior Citizens of India.
Mode of Disbursement
Monthly/Quarterly with

the age bracket of

21-65
years
having property to
be mortgaged and
sufficient income
to repay the loan.
Non-Salaried class
borrowers should
have
regular
source of income
and are filling IT
Return.
Maximum
age
limit
of
the
borrower on the
date of applying
for Credit facility
is
65
years
and maximum age
limit
for
full
repayment is 70
years for all class
of borrowers.

Income Criteria
Salaried Borrower
Minimum gross Salary of
30,000/- p.m. at Metro
Centres and Rs.20000/p.m. for other centers.
Non-Salaried Borrower
Minimum Income of 4.00
lakhs p.a. at all centers as
per latest IT Return.
Insurance
UCO
Rin
Jeevan
Suraksha to cover the
outstanding loan in case
of accidental or natural
death of borrower.
TARGET

salaried or Professional/Self-

houses/flats/godowns/wa
rehouses etc. only are
eligible
under
the
scheme.
The owner may be an
individual, a firm or a
company.
Properties belonging to
cooperative societies are
not
considered
for
sanction of loan under
the scheme.
Processing fee
0.50% of the loan
amount as up-front fee
with a maximum of Rs.
2.00 lakhs.
Pre-payment
Charges
No prepayment charges
when prepayment is
done
through
the
borrowers own fund &
1% prepayment charges
are applicable in other
cases.

fixed/increasing Equated
monthly
Disbursement
with an option to avail
One-time
lump
sum
payment after 12 months
from
the
first
disbursement
during
entire tenure of 15 years
as per choice of the
borrower.
Repayment
The outstanding loan will
be due when the last
borrower
dies/permanently moves
out of the house/would
like to sell the home.
Loan will be liquidated by
sale of property.
Option available with the
legal heir(s) to repay the
loan and redeem, the
house property.

GROUP

INTEREST
RATE

employed or Pensioner or
others
Professionals/Businessmen
To Owner of our banks MCLR of 1 Year + 2.65%
Interest Branch Premises or where p.a.
tenant is PSUs, Reputed
Corporate, FI, Insurance
MCLR of 1 Year + 2.15%
Companies and MNCs
(floating) for advance
MCLR for one year+ 1.65%
under Priority Sector.
i.e. currently 11.10%.
MCLR of 1 Year + 3.15%
(floating) for advance
For repayment period of up
under
Non-Priority
to 36 months - MCLR for
Sector.
one year+ 2.65 % i.e.,

Rate
of
(floating)

currently 12.10%
For repayment period of
above 36 months - MCLR
for one year + 3.15% i.e.,
currently 12.60%.

EDUCATION LOAN
PRODUCT
TYPE

MINIMUM
AND
MAXIMUM

EDUCATION
LOAN

Studies
in
India
:
Maximum Rs.
10.00 Lakhs
Studies Abroad
: Maximum Rs.
20.00 Lakhs

UCO
PREMIER UCO
SUPER
EDUCATION
PRIEMIER
LOAN SCHEME
EDUCATIONAL
LOAN

Maximum
loan
amount Rs. 30
lakhs (inclusive of
group credit life
insurance
premium) subject
to ceilings for
different
categories
of
Institutes

Maximum
loan
amount
Rs.
30
lakhs (inclusive of
group credit life
insurance premium)

UCO
EDUCATIONAL
LOAN
FOR
VOCATIONAL
EDUCATION AND
TRAINING
For courses
of duration
upto
3
months - Rs.
20,000/ For courses
of duration 3
to 6 months Rs. 50,000/ For courses
of duration 6
months to 1
year - Rs.
75,000/ For courses
of duration

above 1 year
Rs.1,50,000/Repayment of the
loan
will
be
maximum
180
equated monthly
installments
(EMIs*). (i.e. 15
years maximum)

FEATURES

Eligibility

Courses eligible

The
main
conditions for
eligibility
include
o S
t
u
d
e
n
t
m
u
s
t
b
e
a
n
I
n
d
i
a
n
N
a

Regular full-time
Degree/ Diploma
courses and Parttime
courses
offered
by
Institutes eligible
under the scheme,
admission
in
which is obtained
through
an
Entrance
Test/Selection
Process/
Percentage
of
marks
as
prescribed by the
Institute would be
allowed.
Age Limit
Age limit for
General - 38 yrs.
Age limit for
SC/ST - 40 yrs.
Margin
Up to Rs. 4 lakhs:
No
Margin.

Repayment of the
loan will be in
maximum
180
equated
monthly
installments
(EMIs*) i.e. 15
years
after
repayment
holiday/moratorium
period.

Courses Eligible

Courses Eligible

full-time Vocational / Skill

Diploma development courses
of duration from 2
months to 3 years run
or supported by a
Minimum Age
Ministry / Dept. /
Age
limit
for Organisation of the
General - 38 yrs.
Govt. or a company /
Age limit for SC/ST society / organization
- 40 yrs.
supported by National
Skill
Development
Corporation or State
Skill Missions / State
Skill
Corporations,
preferably leading to a
certificate / diploma /
degree, etc. issued by
a Govt. organization
or an organization
recognized/authorized
by the Govt. to do so.
Regular
Degree/
courses.

Minimum Age
No minimum age

ti
o
n
a
l
o S
e
c
u
r
e
d
a
d
m
i
s
s
i
o
n
t
o
a
h
i
g
h
e
r
e
d
u
c
a
ti
o
n
c
o
u
r
s
e
i

Above
Rs.
4
lakhs: 5 % of total
fee i.e. Course fee
and
other
expenses.
Insurance

Group Life
Insurance
Cover
Scheme for
Educational
Loan
Borrowers t
o cover the
outstanding
loan in case
of accidental
or
natural
death
of
borrower

n
I
n
d
i
a
o
r
e
n
t
r
a
n
c
e
t
e
s
t
o
r
s
e
l
e
c
ti
o
n
p
r
o
c
e
s
s
a
f
t
e
r
c
o
m

p
l
e
ti
o
n
o
f
H
S
C
(
1
0
p
l
u
s
2
o
r
e
q
u
i
v
a
l
e
n
t
)
Insurance

Group
Life
Insurance
Cover
Scheme
for
Education
al Loan
Borrower
s to cover
the

outstandin
g loan in
case
of
accidental
or natural
death of
borrower
Processing
Charge
There are
processing
charges

TARGET
GROUP
INTEREST
RATE

no

Upto Rs
7.50
lakhs :MCLR of
1 Year +
2.00%

Above
Rs.7.50
lakhs :MCLR of
1 Year +
2.40%

MCLR of 1 Year +
1.15%

MCLR of 1 Year
Simple interest to be
charged during the
Repayment holiday/
Moratorium period.
Servicing of interest
during moratorium
period is optional.
Accrued interest will
be added to the
principal
amount
borrowed
while
fixing
EMI
for
repayment.
Penal interest @2%
p.a. to be charged on
overdue amount for
the overdue period
only for limits above
Rs. 4 Lakhs.

MCLR of 1 Year +
2.65%

Servicing of
interest
during study
period
and
the
moratorium
period
till
commenceme
nt
of
repayment is
optional for
students.
1% interest
concession
may
be
provided by
the Bank, if
interest
is
serviced
during
the
study period
and
subsequent

moratorium
period prior
to
commenceme
nt
of
repayment.

Personal loans
PRODUCT
TYPE
MINIMUM
AND
MAXIMU
M

UCO Cash

Maximum
loan amount
Rs.10 lacs.

UCO
Pensioner

UCO
Shopper UCO
Loan Scheme
Securities

With
out
Fami
ly
Pensi
on
o

10
t
i
m
e
s
o
f
m
o
n
t
h
l
y
p
e
n
s
i
o
n

Maximum
Loan
Amount
Rs.200000/
- or 10
times
of
monthly
take home
pay
whichever
is less.

Gold
Scheme

Loan

s
u
b
j
e
c
t
t
o
m
a
x
i
m
u
m

o
f
R
s
.
2
,
0
0
,
0
0
0
/
.
With
Fami
ly
Pensi
on
o

10
t
i
m
e

s
o
f
m
o
n
t
h
l
y
p
e
n
s
i
o
n
s
u
b
j
e
c
t
t
o
m
a
x
i
m
u
m
o
f
R
s
.
3
,

0
0
,
0
0
0
/
.
Maximum in 60
monthly
installments.

Maxi
mum
in 36
mont
hly
instal
lment
s.
Repa
ymen
t
shoul
d be
so
fixed
that
the
loan
is
fully
repai
d
befor
e the
pensi
oner
reach
es 72
years
of
age.

Maximum
60 Equated
Monthly
Installment
s.

Remai
ning
period
of
maturit
y
(maxi
mum 5
years).

FEATURE
S

Eligibility

Processin
g Charges

An easy
scheme

Under
the
finance scheme credit Type of Loan
for facilities
are
Demand

A confirmed
employee in
Govt. / SemiGovt.
/
Reputed
Public
/
Private Ltd.
Co. /College /
Universities /
Public Sector
Undertaking
or applicant
should be a
permanent
employee or
have
completed
minimum
2
years
of
service in the
same
organization
and applicant
must
have
salary account
with
our
branches
or
employer of
applicant
provide
undertaking
that monthly
loan
instalment
will
be
recovered and
directly paid
to bank.
Income
Criteria
Net take home
pay should not
be less than

There
is no
proce
ssing
charg
e or
servi
ce
charg
e.

Prepayment
Charge
No
prepaym
ent
charg
e is
levie
d.
Guarante
e

Perso
nal
Guar
antee
of
spous
e
eligib
le to
recei
ve
famil
y
pensi
on in
the
event
of
death
of the

purchase
of
consumer durables
such as Television,
Refrigerator,
Air
Conditioner,
Computer or any
other Electrical or
Electronics gadgets
etc.
Eligibility

Existing
customer
of
UCO
Bank for a
minimum
period of
six months
A
selfemployed/P
rofessional/
Businessma
n or A
permanent
employee
of Govt. /
SemiGovt./
PSU/Unive
rsities
or
reputed
private
concerns
with
minimum
service of 1
year
and
minimum
remaining
5
years
service
period.

extended
to
Loan
borrowers
Eligibility
against
financial
Loan
securities
against
issued
by
security
Central
of gold
Govt./State
ornament
Govt..
Loans
s can be
are
also
made to
available
all
against
Life
Borrower
Insurance
s
who
Policies of Life
would
Insurance
avail
Corporation of
such loan
India
and
for
bonds/debentu
Agricultu
res issued by
re
&
specific Public
Allied
Financial
Activitie
Institutions.
s,
Activitie
Eligibility
s related
to Micro
The
& Small
securiti
Enterpris
es
es, Retail
should
Trade,
be in
Housing,
the
and
name
Educatio
of the
n etc.
borrow
Necessar
er or
y
any
declarati
one of
on from
the
the
joint
eligible
borrow
borrower
ers.
s will be
The
required
securiti
to
be
es
obtained
should
specifyin

40% of gross
salary
after
deduction of
PF, IT and
other statutory
deductions
including
proposed EMI
of UCO Cash
Loan,
loan
granted by his
employer and
any
other
loans, if any.
Subject
to
minimum Rs
10000/-.
Other income
like
rent,
interest,
dividend etc.
may be taken
into account
for reckoning
the
eligible
quantum
of
loan subject to
documentary
evidence.
Security
No
collateral
security
required.
Insurance

UCO
Rin
Jeevan
Suraks
ha to
cover
the

pensi
oner.
Wher
e
spous
e is
prede
cease
d,
perso
nal
guara
ntee
of
sons/
daug
hters
or a
third
party.
In
case
of
war
wido
w/wi
dows
if coborro
wer
is not
avail
able,
a
third
party
guara
ntee
havin
g
suffic
ient
inco
me

be
transfer
able
and can
be
assigne
d/pledg
ed in
favour
of the
Bank
or
transfer
red in
the
name
of the
Bank.

Income Criteria

Salaried
borrower
o M
ini
m
u
m
gr
os
s
sa
lar
y
of
Rs
.3
00
00
/p.
m
at
M
etr
o
C
en
ter
s
an
d
Rs
.2
00
00
/p.
m
fo
r
ot
he

g
the
purpose
of such
loan at
the time
of
sanction.
Margin

Margin

Margin
will be
on the
discont
inued
value
of the
maturit
y
procee
ds (not
the
face
value)
of the
financi
al
securit
y
discou
nted at
Base
Rate.

Loan
against
security
of gold
ornament
s can be
made to
all
Borrower
s
who
would
avail
such loan
for
Agricultu
re
&
Allied
Activitie
s,
Activitie
s related
to Micro
& Small
Enterpris
es, Retail
Trade,
Housing,
and
Educatio
n etc.
Necessar
y
declarati
on from
the
eligible

outstand
ing loan
in case
of
accident
al
or
natural
death of
borrowe
r
Processing
Charge
1%
of
amount
(minimum
Rs.750/-)

loan

r
ce
nt
er
s.
o M
ini
m
u
m
ta
ke
ho
m
e
in
co
m
e
of
40
%
p.
m.
aft
er
all
de
du
cti
on
s
an
d
E
M
I
of
th
e
pr
op
os
ed
lo

Nature
Facility

of

Deman
d Loan,
Overdr
aft,
Cash
Credit

Processing
Charges
Rs.250
case

per

borrower
s will be
required
to
be
obtained
specifyin
g
the
purpose
of such
loan at
the time
of
sanction.
A margin
of 25% is
to
be
maintain
ed on the
market
price of
the gold.

Amount of loan
to be sanctioned
per Gram of
Gold
Maximum
amount that can
be sanctioned per
gram of standard
gold
will
be
decided by Head
Office fortnightly
and will be dully
communicated to
the
Zones/Branches.
Assesse/Testing
of
Gold
Ornaments

All gold
ornament
s before

an
or
Rs
.1
00
00
/w
hi
ch
ev
er
is
hi
gh
er.

Nonsalaried
borrower
o M
ini
m
u
m
in
co
m
e
of
Rs
.4
la
c
p.
aa
t
all
ce
nt
re
s
as
pe
r
lat

being
accepted
as
security
should
be
apprised
by
an
experien
ced Gold
Smith for
its
weight,
purity
and
fineness.
For this
purpose
a Gold
smith
having
good
reputatio
n for his
professio
nal skill
and
undoubte
d
integrity
should
be
identified
by
conducti
ng
discreet
enquiries
.

Service Charges
(A) For Priority
Sector

es
t
IT
R
et
ur
n.
o M
ini
m
u
m
40
%
su
rp
lu
s
aft
er
co
ns
id
eri
ng
E
M
I
of
pr
op
os
ed
L
oa
n
an
d
In
co
m
e
Ta
x
an

Upto Rs.
10 Lac :
Rs. 250/Above
Rs.
10
Lac : Rs.
500/-

(B) For Non

Priority Sector

Upto Rs. 5
Lac
:
Rs.500/Above Rs. 5
Lac to Rs. 10
Lac:
Rs.1000/Above Rs.10
Lac @0.20%
on quantum
of
loan
subject to a
maximum of
Rs.5000/-.

d
an
y
ot
he
r
ob
lig
ati
on
s
or
Rs
.1
00
00
/w
hi
ch
ev
er
is
hi
gh
er.
Age Criteria

Salaried
Borrower :
21 to 60
years
NonSalaried
Borrower :
21 to 65
years

Processing Charge

1.00% of
the
loan
amount
with

Minimum
Rs.1000/Margin
20% of the total
article cost
Prepayment
Charges

TARGET
GROUP
INTEREST
RATE

Rate
Interest

of

For
Men: MCLR
of
1
Year +
3%,
12.45%
at
present.
For
Women:
- MCLR
of
1
Year +
2.75%,
12.20 at
present.

INTERNATIONAL BANKING
NRI BANKING
DEPOSITS

MCL
R of
1
Year
+
4.15
%

No
prepayment
charges.

In case of
Salary tieup
arrangeme
nt or Loan
secured by
100%
liquid
collateral
security MCLR of
1 Year +
1.15%
All other
cases
MCLR of
1 Year +
2.15 %

MCLR of 1
Year + 3.25%

Product type

Foreign
Nonresident
Deposits

Currency Resident
(FCNR-B) Currency
Deposits

MINIMUM
MAXIMUM

& The minimum amount for

each currency is:
USD 2,000 or its equivalent
in any of the hard
currencies.
There is no upper ceiling in
these deposits.

FEATURES

Repatriability
The principal amount and
interest earned are fully
repatriable.
Tax Exemption
-The Deposit is exempted
from Indian Wealth tax.
---Interest is exempted from
Indian Income tax.
Free
from
Exchange Risk
No loss on account of
Exchange rate fluctuation
Choice of Currency
Deposit in any of the Ten
international
currencies
USD, GBP, EUR, JPY,
AUD, SEK, CHF, SGD, and
HKD & CAD.
Remit in any of the
Ten Currency
Can be remitted in any of
the
ten
convertible
currencies.
During their visit to India
they may also tender foreign
currency
notes/travelers
cheques to the branches.
Choose the Term of
Deposit
From a minimum period of
12 months to a maximum

Foreign Rupee Deposits

(RFC)

There is no upper ceiling;

you can put any amount in
these
deposits.
The
minimum amount for each
currency
is:
USD
1,000
or
its
equivalent in any of the
hard currencies.
A scheme popular among
returning NRI customers.
Returning Indians for
permanent
settlement,
after staying abroad for
not less than one year, can
retain their savings
in foreign currency
in a RFC account
with us
get the proceeds of
FCNR (B)/NRE
Deposits credited
to this account
with us.
get the earnings
out
of
dividend/sale
proceeds of assets
left abroad as well
as
pension
received
from
overseas credited
in this foreign
currency account
with us.
Type of account
Individuals can open
savings, current and term
deposit with us.
Repatriability
Permitted for bonafide
purposes for self &

Non Resident external

(NRE) Deposits
:
For creation of NRE
deposits, remittances from
abroad should be made to
us in convertible rupees or
in any hard currencies like
USD, GBP, EUR and JPY
etc.
Type of Accounts
You can open Savings
Bank, Current, Recurring
and Fixed Deposit accounts
with
us.
Tax Exemption
The Deposit is exempted
from Indian Wealth tax.
Interest is exempted from
Indian Income tax.
Remit
in
any
Currency
For NRE accounts you can
remit in any convertible
currency. The bank shall
convert it in Indian Rupees.
.
Type of Accounts
You can open Savings
Bank, Current, Recurring
and Fixed Deposit accounts
with the bank.

period of 60 months, the

customer has the choice of
keeping the deposit with the
bank.
Automatic Renewal
Deposits are automatically
renewed on maturity for the
same tenure in case no other
instructions are received
before due date.
Joint account
Open a joint account with
the bank with other NonResident Indian(s) or with
resident close relatives on
'Former or Survivor' basis.
Power of Attorney
(P/A)
P/A to Residents permitted
for local disbursements or
remittance to the account
holder
himself/herself
through normal banking
channel.
Nomination
Registration of nomination
for this Account in favour of
resident or nonresident.

dependents
including
exchange required for
travel, other personal
purposes and investments.
Conversion into
FCNR (B)/NRE
On becoming an NRI
again, you can transfer
these funds into an FCNR
(B) or NRE account with
us.
Choose the Term
of Deposit
From a minimum period
of 12 months to a
maximum period of 60
months, the customer has
the choice of keeping the
deposit with the bank.

Transferability to
NRE account /
repatriablity
Transferable/repatriable to
the extent of USD 1
million or equivalent,
subject to payment of tax.
Remit
in
any
Currency
For NRE accounts you can
remit in any convertible
currency. We shall convert
it in Indian Rupees.

Remit in any of
the Ten Currency
Can be remitted in any of
the
ten
convertible
currencies.

INTEREST RATE

Savings Bank A/c - at

present interest rate is 4.00
%.
Fixed Deposit A/c -

TARGET GROUP
FOREIGN CURRENCY LOANS
Product type
Details

a) In India (FCNR (B) Loans):

The foreign currency denominated
loans in India are generated out of
the pool of foreign currency funds
of the Bank held in FCNR (B)
Deposits
etc.
accounts
as
permitted by Reserve Bank of
India. These Loans are commonly

From Outside India:

The foreign currency denominated loans
is granted by our Overseas Branches to
Indian Corporate as per External
Commercial Borrowing (ECB) policy of
Govt. of India/ RBI.

known as FCNR (B) Loans.

UCO Bank is in a position to offer
the Foreign Currency Loans in
India to our customers as an
alternative to loans in Rupees.
These loans are denominated in
foreign currency such as US
Dollars and are offered as short
term loans. The interest is fixed
with a reasonable spread over
LIBOR.

CORPORATE BANKING
LOANS AND ADVANCES
WORKING CAPITAL FINANCE: UCO Bank provides Working capital facilities to finance day to day
operations of your business (Trading /Manufacturing )by way of funded credit facilities as well as non-funded
credit facilities
Fund Based Credit Facilities:
Cash credit
Working capital Demand loan
Bill Discounting/ Purchasing Facilities.
Pre shipment credit : Export Packing Credit in INR and Denominated Foreign
currency
Post shipment Credit-Foreign Bills Discounting /Purchasing/Negotiation
Bills Discounting against Inland LCs on Base Rate up to 90 days
UCO Expo Gold card credit facility is available to exporters on concessional pricing
TERM LOAN:
UCO Bank helps you in sanctioning of project loan (green field or brown field) or non-project loan for capital
goods/
asset
creation
for
your
project
on
long
term
basis
Salient Features:
The Bank provides funds for
Setting up new manufacturing/industrial units
Expansion of existing units
Exchanging of high cost debts availed form other banks/FIs
Can be availed under Deferred Payment Basis.
Terms loans can be availed in Foreign currency i.e. FCL/FCTL
Loans against future rent receivables
Factoring of Future receivables
INFRASTRUCTURE FINANCE:
Funding the projects of
Generation/Transmission of Power

Developing Roads, Ports & Airports

Laying/maintaining pipelines for gas, water, etc
Setting of SEZ and Industrial Park
Telecommunication services
Irrigation projects, water treatment plants, sanitation
Construction of warehouses, educational institutions etc.
Funds can also be availed in foreign currency i.e. Buyers credit & ECB

NAME
OF
SCHEME

THE

ELIGIBILITY

'UCO Corporate Home Loan Scheme'

Corporates: Bank's corporate borrowers and other corporate entities

(Public Limited & Private Limited Companies) subject to satisfying
following stipulations:
1. Years in existence: Minimum 5 Years
2. Profit making: Continuous profit making at least since last 3
Years
3. Rating: Investment grade external rating BBB and above.
4. DSCR: 1.5 (Minimum)
5. Cash flow should justify loan repayment capacity.
6. NOC should be obtained from the existing Bankers.
(Loan can be considered in the name of Company only. Loan in Joint
names either two companies or individual & Company is not
permissible).

Nature of facility

Term Loan

INCOME CRITERIA

The Company should be profit making for preceding three years as per
Audited Balance Sheet.

QUANTUM
LOAN

No Upper Cap

MARGIN

OF

25% of project cost (minimum). Cost of stamp duty, registration and

other documentation charges should not be included in the project cost.
b) Cost of land may be treated as margin. (Cost of land to be
ascertained from the sale deed. If sale deed is more than 2 years

Particular
s

old, valuation certificate to be obtained

from Banks
approved in
valuer)
Original
investment
Original c) Amount
Investment
&
alreadyinspentPlant
for construction
can be takenofas margin
equipment
Servicesubject
Machineries
of Manufacturing
Enterprises
to production
of evidence.
Sector Enterprises

Micro
REPAYMENT
10 years
of six
Upto Rs. 25.00
lakh(Maximum) including moratorium
Upto period
Rs. 10.00
lakhmonths in case
Enterprises
of purchase of house & 24 months in case of construction.

Small
Above Rs.Personal
25.00 lakh
and upto
Rs. 500.00
Above
Rs. Company.
10.00 lakh and
GUARANTEE
Guarantee
of whole
time Directors
of the
Enterprises lakh
upto Rs. 200.00 lakh
RATE OF INTEREST

Base Rate +2% (Floating) for corporate having internal rating A & above.
1. Others : Base Rate +3% (Floating)

PENAL INTEREST

In case of delay in payment of EMI by one month or more, penal interest

@ 2% per annum will be charged on the amount of default for the
overdue period i.e. with effect from the due date.

PROCESSING
CHARGES

Borrower has to pay a processing fee equal to 0.5% of the loan

amount minimum Rs. 1500/- , Maximum Rs. 15000/-

PREPAYMENT
CHARGES

No prepayment charges to be levied without minimum period

stipulations irrespective of the source of funds, including take over cases
by other Banks.

MICRO AND SMALL ENTERPRISE

PRODUCT TYPE
UCO CA LOAN SCHEME
MINIMUM
AND

MAXIMUM
REPAYABLE
Repayment will be so
DURATION
stipulated that the entire
Loan (both Term Loan
& Cash Credit) will be
fully repaid before
completion of 70 years
of age of applicant (in
case of proprietor /
individual) and younger
one

UCO TRADER
Any Amount from Rs. 1 Lakhs to
Maximum Rs 200 Lakhs.

FEATURES

Eligibility

Chartered Accountants,
individually/jointly or
Proprietorship Concern
or a Partnership Firm
Age
of
the
individual/proprietor/yo
unger partner (in case of
partnership firm) shall
not exceed 68 years.
The applicants/Firm are
registered with Institute
of
Chartered
Accountants (ICAI) and
also
holding
valid
certificate/license
for
carrying out the practice
The
applicants/firms
name shall not appear in
the RBI defaulters list
In case of Firm, all
partners shall join as
Co-applicant
The
applicants/firm
should not have been
subjected to disciplinary
action by the Institute
CA firm should be in
existence
for
a

Eligibility
Existing enterprises engaged in
business for at least 2 years and
earning profit during the last 2
years.
New trading units as well
as units which have not
completed two years can
be financed m Credit
Facilities
Fund Based:-Term loan upto Rs.
25 lakhs for acquisition of Fixed
Assets.
Non-Fund Based:-inland L/CDP or DA with usance period not
exceeding 90 days.
INLAND BG:-validity period
upto 1 yr. including claim.
Margin

No margin is required
for Cash Credit in case
of existing units &
20/25% for new units
while
computing

minimum of 2 years
Processing Charges
0.50% of total loan sanctioned
(Term
Loan+
Working
Capital) subject to a minimum
of Rs.2000/-. To be realized
before disbursement.

Prepayment Charges
-NILCredit Rating
As this is a Schematic Loan
under MSE category with
maximum limit of Rs. 100.00
lakhs, Rating of such accounts
is not required.

Limits(Least of the followings)

TARGET GROUP
INTEREST RATE

RURAL BANKING

Rate of Interest at floating

rate linked to Base Rate :
Base Rate+ 2.00% (Both
Term Loan & Cash Credit)

drawing power
Margin for Term Loan,
LC & BG is 25%
Application is simple;
Balance Sheet is not
required for limit up to
Rs 10 lakhs and not
compulsory for limit
below Rs 50 lakhs
subject
to
certain
conditions.

60%
on
realizable
market
value
of
immovable
property,
and/or
90% on FDR (if limit is
sought above 60% of
project value,
85% on surrender value
of LIC Policies, NSCs
& Govt. Bonds(if it is
sought as additional
limit)