UCO Bank Bhubaneswar
Last Updated : Aug. 30, 2018, 5:16 p.m.
About UCO Bank
A proud history with massive presence defines the institution of UCO Bank. Throughout its journey, it has been a premier bank across the country due to its ever so increasing range of products. Both the presence and the products have added to the growth story of UCO Bank, whose business is now running smoothly, a big leap forward from a paid-up capital of ₹ 1 crore.
The bank was founded in the pre-independence era, 1943, to be precise. So, when the country was united in its fight to wreak havoc in the English Administration, it was Ghanshyam Das Birla, a member of Quit India Movement 1942 and a noted industrialist, came up with an idea to set up a bank, which was named as United Commercial Bank. The bank commenced its operations at its head office in Kolkata, where its headquarters are now.
Talking of the present scenario, you could find the bank's board of directors being key office bearers of the Indian government and Reserve Bank of India, the sector watchdog. Some of them are noted chartered accountants, economists, business management experts and others. So, it is a good brand to be associated with as many influential people with sound background are behind the bank.
Call it unique or exemplary services, the bank has always been a talking point in reference to satisfying the needs of a broad set of customers. Be it the small entrepreneurs, top corporates or a retail customer, UCO Bank has provided them well-designed products catering to their requirements. If a trader can get finance to run his/her business, salaried people like me and you can avail a home loan, personal loan or car loan to live our dreams.
As far as presence goes about, it runs more than 3,000 branches and 2,500 ATMs across India. With 42 zonal offices in place, the operation of the branches is made smoother. In addition, the bank holds prominence overseas as well by having branches in key global cities like Hong Kong and Singapore.
Your city Bhubaneswar is also within the bandwidth of UCO Bank, which has around 20-30 branches in the city. And if you are not able to find out the branches of the bank, a table below would be a perfect guide to let you be there.
UCO Bank Bhubaneswar Branches
| Branch Name | Complete Address | IFSC | MICR | Contact Detail |
|---|---|---|---|---|
| Bhubaneswar Main | Janpath, 91/92, Bapujinagar, Bhubaneswar, Odisha- 751012 | UCBA0000470 | 751028007 | 0674-2530816 |
| Govt. Secretariat | Odisha Govt. Secretariat, Bhubaneswar, Odisha-751001 | UCBA0000664 | 751028004 | 0674-2530816 |
| Sahid Nagar | Plot No.474, Sahid Nagar, Bhubaneswar, Odisha-751007 | UCBA0000923 | 751028005 | 0674-2503780 |
| CRPF Headquarter | CRPF Headquarters. P.O. Nayapalli, Bhubaneswar Orissa-751012 | UCBA0000928 | 751028003 | 0674-2560806 |
| Suryanagar | Suryanagar, Bhubaneswar | UCBA0001769 | 751028006 | 0674-2407687 |
| Ashoka Market Branch | Ashoka Market Branch, UCO Bank Building, Ist Floor, Unit Ii, C2 Ashoka Nagar | UCBA0001785 | 751028002 | 0674-2530405 |
| Maitree Vihar | S-16, Maitree Vihar, 1st Floor, Phase-II, Bhubaneswar-751023 | UCBA0001839 | 751028008 | 0674-2303642 |
| Khurda | Balianta, At P.O.-Balakati, Khurda, Bhubaneswar | UCBA0001098 | 752028508 | 0674-2464067 |
| Bidyut Marg | Shikshya Soudh(Opepa) Unit-V, Khurda | UCBA0002074 | 751028009 | 0674-2392222 |
| Service Branch | Service Branch, Bhubaneswar | UCBA0002112 | 751028001 | 0674-2393565 |
| Banamalipur | At P.O.-Banamalipur District- Khurda, Bhubaneswar | UCBA0000847 | 751028503 | 0674-2468322 |
| Asset Management | UCO Bank Building, 3rd Floor, C-2 Ashok Nagar, Bhubaneswar-751009 | UCBA0002392 | 751028999 | |
| Khandagiri | Plot No-353/2324 Kolathia Square Nh-5 Po-Khandagiri, Bhubaneswar | UCBA0002542 | 751028011 | |
| Chandrashekharpur | Plot No-262 District Centre Chandrashekharpur Bhubaneswar | UCBA0002543 | 751028012 | |
| Ananta Vihar | Plot No 100A, Ananta Vihar, Phase 2, Bhubaneswar | UCBA0003150 | ||
| AIIMS Sijua | NH-5, At P.O. Patrapadadist Khordha, Odisha, 751019 | UCBA0003184 | ||
| Rasulgarh | Plot No 318 By 1294, G G P Colony, Unit 37, Ps Mancheswar, Bhubaneswar | UCBA0003260 | ||
| Jamukoli | Plot No- 691/784, Vill Jamukoli Po- Panchagaon, Bhubaneswar, Dist- Khurda | UCBA0003312 |
Products Offered by UCO Bank in Bhubaneswar
UCO Bank comes with a plethora of products to suit your tastes. As far as loans go about, it has plenty to offer to the residents of Bhubaneswar. Any emergency need arises, there is a personal loan to avail. When you feel the need to buy a home, the bank provides a home loan to fulfill the purposes. You can be at your dream 4-wheeler by availing a suitable car loan from the bank. Entrepreneurs can obtain trade finance to run their businesses smoothly. But to apply for the products, you may require to figure out the details, right! So, a table below is ready to help you in that regard.
Basic Details of Loans from UCO Bank in Bhubaneswar
| 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 You Need to Obtain Loans from UCO Bank in Bhubaneswar
| 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 |
