UCO Bank Jammu

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About UCO Bank

UCO Bank, a public lender, with over 3,000 branches and 2,500 ATMs is an interesting bank to detail on. What do you think, folks? Digging into the history and the name that appears is Ghanshyam Das Birla, an industrialist, a visionary or an out-of-the-box thinker, whatever you would like to call him. Little did his fellow members of Quit India Movement, 1942 were aware that he being their co-member would end up do something that will etch in the memory for years. What he did was to conceive a bank idea. He was so busy in his thoughts to set up a bank in India. A year later to the movement, he finally launched the bank in 1943. Quite spectacular, isn't it? The bank was given birth in that year with few head offices in Kolkata, the capital of West Bengal. Now Kolkata has the bank's headquarters. 

In a thrilling ride that has spanned over 70 years, the bank has managed to differentiate itself from the rest by providing a wide suite of products that has enriched the lives of people across India. In the current scheme of things, where bank holds better is the enormous expertise that comes with its board of director members. Most of them have been officiating as representatives from Government of India and Reserve Bank of India (RBI). Many have expertise in the areas of business, economy, and finance. These competent professionals come up with innovative ideas to not only combat the competition better but also make sure the customers are a happy lot. 

While doing so, the bank has now become much more prominent in retail banking, corporate banking, NRI banking, MSME banking, rural banking and others. Customers belonging to these sets of banking are living their dreams buoyed by a strong pipeline of custom products. 

The bank enjoys a wide presence with more than 3,000 branches and 2,500 ATMs across India. The headquarters of the bank are located in Kolkata, where the journey began. It has gone global with branches in Singapore and Hong Kong, renowned as key financial hubs of the world. 

If you are staying in the city of nature i.e. Jammu and looking for a bank to meet your financial needs, UCO Bank is just what you would need. With staff members having expertise in deposits and advances, you can expect a memorable experience in Jammu banking with UCO Bank. 

UCO Bank Jammu Branches

Branch NameComplete AddressIFSCMICRContact Detail
Jammu MainJammu Branch Ashoka Market, Raghunath Bazar, Jammu Tawi- 180001, Jammu & KashmirUCBA00001661800280010191-2573270
Transport NagarTransport Nagar, Po.Bahu Fort, Jammu, Jammu & Kashmir- 180006UCBA00017511800280050191-2476148
DigianaDigiana Branch, Jammu, Jammu & KashmirUCBA00006821800280040191-2430132
Railway RoadRailway Road Branch, Jammu, Jammu & KashmirUCBA00007541800280030191-2433105
Shastri NagarDogra Higher Secondary School, Shastri Nagar, Jammu, Jammu & KashmirUCBA00020391800280060191-2438424
JanipurJanipur Near Dream Land Public School Disco Road Jammu, Jammu & KashmirUCBA0002498180028007
Talab TilloTalab Tillo Uco Bank Bharat Nagar Opposite Sbi Colony, Jammu, Jammu & KashmirUCBA0002502180028008
ChowadiChowadi, Opp Tubewell Vpo Chowadi, Teh District Jammu, Jammu & KashmirUCBA0003265

Products Offered by UCO Bank in Jammu

Are you ready to bank with UCO Bank in Jammu? If Yes, then you are in for a thrilling ride with appealing deposits like the savings account, fixed deposit and various other loans like personal loan, car loan, home loan, etc. Similarly, if you are a businessman and wanting an extended line of credit to meet the working capital requirements, a trader loan and current account from the bank can help you greatly. You can even glance below to check out the loan details of UCO Bank in Jammu.

Basic Details of UCO Bank Loans in Jammu

ProductsEligibilityLoan AmountInterest RateProcessing FeeTenure
UCO Home LoanIndividuals 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 value8.55% - 8.80%0.5% of the loan amount

Minimum- ₹ 1,500

Maximum- ₹ 15,000
Upto 30 years
UCO Personal LoanConfirmed 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 lakhs11.35% - 12.70%1% of the loan amount, subject to a minimum of ₹ 750Upto 5 years
UCO Property Loan SchemeAvailable 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 Cr10.75%-11.75% p.a.Upto 1% of the loan amountUpto 12 years
UCO Education LoanStudents 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 Lakhs10.60%-11% p.a.NILUpto 15 years
UCO Car LoanRegular 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
8.70% - 8.95%1% of the loan amount, subject to a maximum of ₹ 1,500Upto 7 years for new cars

Upto 5 years for old cars
UCO Trader LoanExisting 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 Crore9.75%-11.55% p.a.Upto ₹ 20,000
UCO Roop SangamAvailable 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 Lakhs9.75% p.a.Upto ₹ 363 per lakh and service tax, if anyUpto 5-7 years
UCO CA Loan SchemeChartered 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 Crore11.70% p.a.0.5% of the loan amount, subject to a minimum of ₹ 2,000Upto 10 years

Documents You Need for UCO Bank Loans in Jammu 

ProductsSalariedSelf-employed
UCO Home LoanIdentity 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
UCO Personal LoanIdentity 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
UCO Car LoanAge 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

Hypothetication 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 SchemeIdentity 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 SangamIdentity 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 LoanIdentity 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

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