What is UCO Bank Personal Loan interest rate in 2024

Editor
0

What is UCO Bank Personal Loan interest rate in 2024: The UCO Bank Personal Loan 2024 is customized to fulfill the personal requirements of its clients, including weddings, education, and travel. The key highlights of the UCO Bank Personal Loan 2024 are:

यूको बैंक provides a personal loan (UCO Bank Personal Loan Interest rate in 2024) to fulfill the personal needs of its customers, such as weddings, education, travel, healthcare, etc.

About UCO Bank

AttributeInformation
Founded1943
HeadquartersKolkata, India
TypeGovernment-owned public sector bank
Services OfferedPersonal banking, corporate banking, international banking, rural banking, and more
Number of Branches3000+ in India
International PresenceHong Kong and Singapore
Websiteucobank.com
Phone Number1800-274-0123

Eligibility:

  • Salaried employees (government, public sector, private companies)
  • Minimum age: 21 years
  • Work experience: 1 year
  • Retired individuals (up to 65 years)

Loan Amount:

  • Up to 10 times the monthly salary (maximum of 10 lakh rupees)

What is UCO Bank Personal Loan interest rate in 2024?

What is UCO Bank Personal Loan interest rate in 2024

For Employees with Salary Accounts in Central/State Government

CIBIL ScoreInterest Rate
> 775UCO Floating Rate + 1.65%; currently 10.95%
750 - 774UCO Floating Rate + 1.90%; currently 11.20%
700 - 749UCO Floating Rate + 2.15%; currently 11.45%
650 - 699UCO Floating Rate + 2.65%; currently 11.95%
< 649UCO Floating Rate + 3.65%; currently 12.95%

For applicants with no credit history (-1 or 0), or if the credit score falls within the 300-900 range, the applicable interest rate will be at par with the CIBIL score-based customers. Range <649

For Employees without Salary Accounts in Central/State Government

CIBIL ScoreInterest Rate
> 775UCO Floating Rate + 1.90%; currently 11.20%
750 - 774UCO Floating Rate + 2.15%; currently 11.45%
700 - 749UCO Floating Rate + 2.40%; currently 11.70%
650 - 699UCO Floating Rate + 2.90%; currently 12.20%
< 649UCO Floating Rate + 3.90%; currently 13.20%

For applicants with no credit history (-1 or 0), or if the credit score falls within the 300-900 range, the applicable interest rate will be at par with the CIBIL score-based customers. Range <649

For Non-Government Employees

CIBIL ScoreInterest Rate
> 775UCO Floating Rate + 2.65%; currently 11.95%
750 - 774UCO Floating Rate + 2.90%; currently 12.20%
700 - 749UCO Floating Rate + 3.15%; currently 12.45%
650 - 699Currently UCO Floating Rate + 3.65%; currently 12.95%
< 649UCO Floating Rate + 4.65%; currently 13.95%

For Non-Salaried Individuals:

CIBIL ScoreInterest Rate
> 775UCO Floating Rate + 2.65%; currently 11.95%
750 - 774UCO Floating Rate + 2.90%; currently 12.20%
700 - 749UCO Floating Rate + 3.15%; currently 12.45%

Tenure:

  • For women: 5 years
  • For men: 4 years

Documents Required:

  • Aadhar Card
  • Identity Proof
  • Address Proof
  • Bank Details
  • Salary Slip
  • Passport-sized photograph

How to Apply:

  • Online: Visit the UCO Bank website and click on "Personal Loan".
  • Offline: Visit a UCO Bank branch.

Application Process:

  • Fill in personal and employment details.
  • The bank will contact you for verification.
  • Upon approval, the loan amount will be deposited into your account.

Benefits of UCO Bank Personal Loan:

  • Quick and convenient
  • Competitive interest rates
  • Flexible tenure
  • Minimal documentation
  • Online application facility

Conclusion:

A UCO Bank personal loan helps you to navigate through financial crises and fulfill your personal needs. It is easy to apply for and comes with attractive benefits.

For more information:

  • Visit UCO Bank's website: ucobank.com
  • UCO Bank Helpline: 1800-274-0123

Other Important Points:

  • The loan amount and interest rates may vary based on your credit score and repayment capability.
  • Before applying, carefully read the terms and conditions of the loan.

Post a Comment

0Comments

Post a Comment (0)

#buttons=(Accept !) #days=(31)

Our website uses cookies to enhance your experience. Learn More
Accept !