In our previous post, we discussed the SBI Home loan interest rates, PNB home loan interest rates, Bank of Baroda home loan interest rate, Indian Bank Home Loan Interest Rate, Punjab & Sind Home Loan Interest Rate, etc. In this article, we discussed about UCO Bank Home Loan Interest Rate. Not only SBI but also UCO Bank and many other banks provide Home loans to fulfill your dream of making your own home. Basically, UCO Bank offers attractive home loan interest rates, starting from % p.a. with a maximum loan tenure of 30 years.
UCO Bank Home Loan Interest Rates 2023
| Type of Home Loan | Interest Rate |
| UCO Home | 8.55% to 10.30% (Depend up on CIBIL Score) |
| UCO Top-Up Home Loan | 9.30% to 11.50% (Depend up on CIBIL Score) |
Type of UCO Home Loan
UCO Home
- The main purpose of this home loan scheme is to purchase & construct of independent house. Extension, Repair, and Renovation of existing house, flat not more than 50 years old.
- The loan is also available for furnishing of house property.
- Purchase of old house, flat up to 40 years old.
- Age:- Minimum- 21 years, Maximum- 75 years.
- Processing Fee:- 0.50% of the loan amount, minimum Rs.1500/- & maximum Rs. 15000/-.
UCO Pre-Approved Home Loan
- Purpose:– A facility for Home Loan applicants by providing In-principle sanction of the loan based on home loan eligibility/entitlement as per Income Criteria under the UCO Home Loan scheme where the applicant has not yet identified/finalized the property.
- Age:– Minimum 21 years and maximum 75 years.
- Processing Fee:- 0.25% of the loan amount, minimum Rs. 1,000/-, Maximum Rs. 10,000/-
- This processing fee is non-refundable.
UCO Top-up Home Loan
- This scheme is used to finance existing Home loan borrowers to meet their various needs with regard to their children’s education, repair, renovation & furnishing of houses, business needs, agriculture purposes, etc.
- All Home Loans borrowers are eligible for this scheme.
- Processing Fee:- 0.10% of loan amount Maximum: Rs.10,000.
Documents Required For UCO Home Loan
- Passport size photograph, Age Proof
- Copy of PAN, Aadhar Card & Voter Card of both applicant and guarantor
- Last 6 month’s bank statements
- Last 3 months’ salary slips
- All Property-related documents
- For NRIs:- Latest NRE account statements etc.
Note: Maximum loan limit for renovation/repair of home is Rs. 50 lac.
For more information also visit the official site of UCO Bank Click Here.
Nupur Tanan
"Nupur Tanan" works at Financewisdom.in. She has experience in writing a vast range of varied content. She write knowledgeable, well-researched, and engaging articles on various personal finance and banking related topics.