UCO Bank Ahmedabad
Last Updated : Feb. 20, 2017, 11:55 a.m.
About UCO Bank
UCO Bank is a renowned public sector bank engaged into the business of accepting deposits and providing finances. The bank was founded in 1943 and its headquarters are in Kolkata, the capital of West Bengal. Well, the business of the bank started with a paid-up capital of ₹ 1 crore. Interestingly, it was founded a year after the launch of the famous Quit India Movement against the Britishers. Previously, the bank was known as United Commercial Bank. But the name changed to UCO bank later on.
Today, the bank is a recognized name for all sorts of banking be it corporate or personal banking as it has a wide suite of products that have the potential to fulfill the wishes of many. These products are constantly monitored by the mid and top-level bank executives and appropriate changes are made to make them custom-fit. At a time when there is a fierce competition among the banks in India, UCO Bank through its defining range of products and services has been able to establish itself well in the market.
With the bank’s board of directors normally representing the offices of Government of India, Reserve Bank of India, as well as holding expertise in the areas of management, chartered accountancy, economics, it seems the bank is nicely placed despite intense competition that is there to face. The changes are brought not only into the products but also into the value proposition from time to time. This leads to new customer acquisition and the retention of existing clients.
In the years gone by since the foundation, the bank has been able to maintain a sizeable presence across the country. You have the option to choose from over 3,000 branches of UCO Bank to avail the services. The bank branches are evenly distributed across the country. The ATM count of the bank is also significant with more than 2,500. Also, the bank has established 42 zonal offices to keep a close eye on the branch operation. If you think UCO Bank’s presence is limited to India only, you are in a myth then. The bank has four branches in Hong Kong and Singapore, two of the most important financial centres in the world.
Ahmedabad, the largest city in the state of Gujarat, is where UCO Bank has a significant number of branches. The overall number of branches would be around 40-50 in Ahmedabad. If you want to go to your nearest UCO Bank branch in Ahmedabad, see the details below.
UCO Bank Ahmedabad Branches
| Branch Name | Complete Address | IFSC | MICR | Contact Detail |
|---|---|---|---|---|
| Bhadra | Uco Bank Building, Bhadra, Ahmedabad- 380001 | UCBA0000007 | 380028002 | 079-5507115 |
| Navarangpura | Sabarkunj, Ashram Road, Navrangpura, Ahmedabad - 380009 Gujarat | UCBA0000213 | 380028011 | 079-7544526 |
| Narayanapura | Bungalow No.1, Narayanapura, Ahmedabad- 380013 | UCBA0000255 | 380028010 | 079-7493441 |
| Maninagar | Bhairavanath Char Rasta, Maninagar, Ahmedabad - 380028 Gujarat | UCBA0000334 | 380028008 | 079-4530291 |
| Relief Road | Relief Road, Opposite Havmore Hotel, Near Krishna Talkies, Ahmedabad- 380001 | UCBA0000681 | 380028016 | 079-22164416 |
| Pritam Rai Road | Neeldhara, Pritam Rai Road, Town Hall, Vs Hospital, Ellis Bridge, Ahmedabad | UCBA0000696 | 380028021 | 079-6578607 |
| Ashram Road | UCO Bhawan Ground Floor, New Sanyas Ashram, Ashram Road, Ahmedabad | UCBA0000697 | 380028022 | 079-6579681 |
| Paldi | Ambica Complex, Paldi Charrasta, Paldi-380007 | UCBA0000731 | 380028013 | 079-6586187 |
| Khanpur | Sadhana Building, Khanpur, Ahmedabad | UCBA0000806 | 380028005 | 079-25602955 |
| St.Xaviers High School Road | Plot No. 1 And 2, 5 Road Crossing Navrangpura, Ahmedabad- 380014 | UCBA0000838 | 380028020 | 079-6441469 |
| Ellisbridge | C.G.Road, Panchwati, Ellisbridge, Ahmedabad- 380006 | UCBA0000859 | 380028006 | 079-6447012 |
| Narayan Nagar | 17, SBI Officers Housing Society Narayan Nagar, Ahmedabad | UCBA0001687 | 380028024 | 079-26639334 |
| Service Branch | UCO Bank Service Branch, Ashram Road, Ahmedabad, Gujarat | UCBA0001782 | 380028001 | 796578223 |
| Rudra Square Bodakdev | Judges Bunglow Road, Rudra Square Bodakdev, Ahmedabad- 380015 | UCBA0001992 | 380028029 | 079-26870354 |
| Mid Corporate Branch | Mid Corporate Branch, Near Sanyas Bhawan, Ashram Road, Ahmedabad | UCBA0001998 | 380028030 | 079-26579681 |
| Rakhial | Mangal Bhavan, Kasturba Nagar Society | UCBA0000184 | 380028014 | 079-22161334 |
| New Cloth Market | Diwan Ballubhai Marg Ahmedabad | UCBA0000409 | 380028012 | 079-2167962 |
| Gomtipur | 1, Patel Society, Near Chhikniwala Estate | UCBA0001020 | 380028004 | 079-22772414 |
| Sabarmati | Jitendra Copx, Rambagh Road, Op Highway Park Society | UCBA0001026 | 380028017 | 079-2772414 |
| Morbi | Krupanidhi, Near Sardar Baug Petrol Pump Sanala Road, Morbi-363641 | UCBA0002809 | 363028021 |
Products Offered by UCO Bank in Ahmedabad
All the ‘Ahmedabadis’ who wish to live their life in a merry way can think of availing loans like a personal loan, car loan , home loan, trader loan, and much more. The application for these loans would depend on the financial goals that you must have set. So, choose out an option or two by reading the details of the products in the table below.
Basic Details of UCO Bank Loans in Ahmedabad
| Products | Eligibility | Loan Amount | Interest Rate | Processing Fee | Tenure |
|---|---|---|---|---|---|
| UCO Home Loan | Individuals with a minimum age of 21 years at the time of application and 70 years at the proposed expiry of the loan tenure are eligible. | 75%-90% of the property value | 8.85% - 10.40% | 0.5% of the loan amount Minimum- ₹ 1,500 Maximum- ₹ 15,000 | Upto 30 years |
| UCO Personal Loan | Confirmed employees of either public or private sector entities or have served for a minimum period of 2 years at the existing organization for getting the approval. Net salary after deductions of PF and others must not be less than 40% of the gross income. | ₹ 10 lakhs | 12.80% | 1% of the loan amount, subject to a minimum of ₹ 750 | Upto 5 years |
| UCO Property Loan Scheme | Available to companies, firms and individuals who have a property to mortgage. Age must be 21 years while applying for a loan and must not be over 65 years at the time of loan maturity. Minimum monthly gross salary of applicants should be ₹ 20K-30K Net salary should not be less than 40% of the gross salary or ₹ 10,000, whichever is more. For businessmen, a yearly income of ₹ 4 lakhs is required. | ₹ 2 Cr-5 Cr | 10.75%-11.75% p.a. | Upto 1% of the loan amount | Upto 12 years |
| UCO Education Loan | Students applying for courses accredited to DoE. Courses for which loan is granted include ICWA, CFA, CA, MCA, MBA, MS, etc. Age of 28-33 years at the time of application | ₹ 10 Lakhs-20 Lakhs | 10.60%-11% p.a. | NIL | Upto 15 years |
| UCO Car Loan | Regular employee with a minimum work experience of 6 months are eligible to apply for a car loan. Monthly salary should be a minimum of ₹ 20,000, while self-employed must earn atleast ₹ 4 lakhs-5 lakhs | Upto 85% of the on-road price of new cars. For salaried, loan amount can equal to 36 times of gross monthly emolument Self-employed can receive loan upto 3 times of the average gross annual income of the previous two years. For old cars, the maximum finance is restricted to 5 lacs-15 lacs | 7.25% Onwards | 1% of the loan amount, subject to a maximum of ₹ 1,500 | Upto 7 years for new cars Upto 5 years for old cars |
| UCO Trader Loan | Existing businesses which are in the operation for a minimum of years and making profits in the previous 2 years are eligible to receive the loan. | ₹ 1 Lakh-2 Crore | 9.75%-11.55% p.a. | Upto ₹ 20,000 | |
| UCO Roop Sangam | Available to any woman or a unit formed by a group of women. The Partnership firms where women partners must have a higher share. Companies where women own the maximum of capital, which is invested. The borrower should be a minimum of 20 years at the time of application and must not be over 60 years by the time loan matures. | ₹ 3 Lakhs-10 Lakhs | 9.75% p.a. | Upto ₹ 363 per lakh and service tax, if any | Upto 5-7 years |
| UCO CA Loan Scheme | Chartered accountants be it on an individual or joint basis or proprietorship firm or a partnership firm. CA firm must have been working for the last 2 years. The applicant's name or firm name must not have figured among the RBI's list of defaulters. | Upto 2 Lakhs-1 Crore | 11.70% p.a. | 0.5% of the loan amount, subject to a minimum of ₹ 2,000 | Upto 10 years |
Documents Required to Avail Loans from UCO Bank in Ahmedabad
| Products | Salaried | Self-employed |
|---|---|---|
| Home Loan | Identity Proof- PAN Card/Voter ID/Passport/Aadhaar Card Address Proof-Voter ID/Passport/Aadhaar Card/Utility Bill Income Proof-Latest Salary Slips, Form 16 for the Last 2 Years, Bank Statement for the Last 6 Months Property Registration Documents, Property Cost Estimate Prepared by a Chartered Engineer Duly Signed Application Form along with Passport Size Photographs | Identity Proof- PAN Card/Voter ID/Passport/Aadhaar Card Address Proof-Voter ID/Passport/Aadhaar Card/Utility Bill Business Establishment Proof- Service Tax/Sales Tax/VAT Registration, Telephone or Electricity Bills of Shops Income Proof- ITR for the last 3 Years, Profit & Loss Account Statement & Audited Balance Sheet for the Last 3 Years, Bank Statement for the Last 6 Months Property Registration Documents, Property Cost Estimate Prepared by a Chartered Engineer |
| Personal Loan | Identity Proof- PAN Card/Voter ID/Passport/Aadhaar Card Address Proof-Voter ID/Passport/Aadhaar Card/Utility Bill Income Proof-Latest Salary Slips, Form 16 for the Last 2 Years, Bank Statement for the Last 6 Months | |
| Car Loan | Age Proof-PAN Card/Voter ID/Passport/Aadhaar Card Identity Proof-PAN Card/Voter ID/Passport/Aadhaar Card Address Proof-Voter ID/Passport/Aadhaar Card/Utility Bill Income Proof-Latest Salary Slips, Form 16 for the Last 2 Years, Bank Statement for the Last 6 Months Hypothecation of the Car to be Purchased | Age Proof-PAN Card/Voter ID/Passport/Aadhaar Card Identity Proof- PAN Card/Voter ID/Passport/Aadhaar Card Address Proof-Voter ID/Passport/Aadhaar Card/Utility Bill Income Proof- IT returns for the last 2 years along with audited balance sheet, P&L account statement for 2 years Business Establishment Proof- Shop & Establishment act Certificate/ Sales tax Certificate / SSI Registered Certificate /Copy of Partnership Hypothecation of the Car to be Purchased |
| UCO Property Loan Scheme | Identity Proof-PAN Card/Voter ID/Passport/Aadhaar Card Address Proof-Voter ID/Passport/Aadhaar Card/Utility Bill Income Proof-Latest Salary Slips, Form 16 for the Last 2 Years, Bank Statement for the Last 6 Months Equitable Mortgage/Registered Mortgage of Land/Flat/House/Apartment | Identity Proof-PAN Card/Voter ID/Passport/Aadhaar Card Address Proof-Voter ID/Passport/Aadhaar Card/Utility Bill Income Proof- IT returns for the last 2 years along with audited balance sheet, P&L account statement for 2 years Business Establishment Proof- Shop & Establishment act Certificate/ Sales tax Certificate / SSI Registered Certificate /Copy of Partnership Equitable Mortgage/Registered Mortgage of Land/Flat/House/Apartment |
| UCO Roop Sangam | Identity Proof-PAN Card/Voter ID/Passport/Aadhaar Card Address Proof-Voter ID/Passport/Aadhaar Card/Utility Bill Income Proof-Latest Salary Slips, Form 16 for the Last 2 Years, Bank Statement for the Last 6 Months | Identity Proof-PAN Card/Voter ID/Passport/Aadhaar Card Address Proof-Voter ID/Passport/Aadhaar Card/Utility Bill Income Proof- IT returns for the last 2 years along with audited balance sheet, P&L account statement for 2 years Business Establishment Proof- Shop & Establishment act Certificate/ Sales tax Certificate / SSI Registered Certificate /Copy of Partnership |
| UCO Trader Loan | Identity Proof-PAN Card/Voter ID/Passport/Aadhaar Card Address Proof-Voter ID/Passport/Aadhaar Card/Utility Bill Income Proof- IT returns for the last 2 years along with audited balance sheet, P&L account statement for 2 years |