About UCO Bank Home Loan

UCO bank offers home loan to customers at a very competitive rate of interest. It not only offers you a good rate of interest, but also offers you different repayment options. You can opt for a tenure as per your repayment capacity. The bank offers you customised loan solutions to meet your requirements. The bank offers you loan for ready-to-move-in and under-construction property. You can also avail the loan for purchasing the plot. Here are some important features and benefits of home loan.

UCO Bank Home Loan Interest Rates

UCO Bank Home Loan Eligibility Criteria

You should have completed the age of 21 years at the time of applying for the loan and should not be more than 70 years old at the maturity of the loan. But for salaried, the age limit is 21-60 years.

How is the interest rate calculated at UCO Bank?

The bank offers loan on floating rate of interest. This means that rate of interest keeps changing with the change in the base rate by the RBI in its monetary policy review. The interest is calculated based on the daily reducing balance bases, which means that the interest is calculated on the outstanding amount only.

UCO Bank Home Loan EMI Calculator

If you are interested in availing a home loan from UCO Bank, you can calculate the EMI with the help of an EMI calculator. The EMI calculator allows you to know your EMI by doing all the calculations for you. This tool takes into the account, your loan amount, interest rate and tenure, and gives you the results in return. You just need to enter these fields into a calculator, it will give you the results instantly. Well, to make you understand below is the calculation done by the calculator for your home loan, here is an example:

What are the documents required for UCO Bank Home Loans?

The list of documents that you must have to apply for the loan are as follows:

Objective of UCO Bank home Loan

• Purchase and construction of independent house/ready built flat for residential purpose
• Extension/repair/renovation of existing house/flat not more than 50 years old
• Takeover of home loan availed from other banks/financial firms
• Loan is also available for furnishing of house property
• Purchase of old house/flat not more than 30 years old

UCO Bank Application Form

In order to avail the home loan from UCO Bank, firstly you need to fill in the application form provided by the bank. Filling an application form is the first step to get the home loan from any lender. The best thing is that you can either fill in this form online or visit your nearest branch for the same. Through these two ways, you can easily apply for a home loan in UCO Bank.

UCO Bank Home Loan Customer Care

UCO Bank Home Loan customer care services are always available for you. When you have any sort query related to home loan, you can easily get in touch with the bank by dialing their customer care number. The executives of the bank will be more than happy to serve you at 1800 103 0123. The bank with its customer care executives is always ready to serve you. No matter what sort of issues you are facing, these experts will be more than happy to meet your requirements.

UCO Bank Home Loan Top Up

With UCO Bank, you also have the facility to get a top up on your existing home loan. Yes, the bank is here to offer you home loan top-up, wherein you can easily get it. With this, you can top up any other service on your loan and enjoy multiple benefits.