UCO Bank Mumbai

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About UCO Bank

It’s fascinating to research on the mind of a leader, isn’t it? No matter what the situation may be, the leaders don’t stop thinking out of the box. And one such familiar case was Ghanshyam Das Birla, who despite being a Quit India Movement 1942 member, thought of creating a bank. A year later in 1943, he realized his dreams and so as the many who were looking for a remarkable service provider that UCO Bank, formerly known as United Commercial Bank, has been for customers over the years. The set up was simple with few head offices in Kolkata, the capital city of West Bengal.

From that time to now, the bank has evolved in terms of product offerings, value proposition, and the unique identity. The bank has ensured these through highly qualified professionals, with some being the office bearers at Govt of India and Reserve Bank of India (RBI). These professionals are actually board of director members of the bank. With an expertise spanning across the business, economy and finance, the bank has been constantly offering value-added products, thereby adding strings to someone’s dream.

Over the years, the bank has been successful in catering to the requirements of retail, corporate, international, rural and MSME clients. With specific products, UCO Bank has proven to be a real force in India’s banking space, which one would have to say a very fragmented one consisting of several players in the small, mid and large categories.

Don’t you think the presence of the bank is vital in creating an impression among the customers? The common answer would be Yes, right! So, the bank has not left any stone unturned in expanding its reach across India. With more than 3,000 branches and 2,500 ATMs, the bank has nicely covered the terrains.

Talking about your own ‘Aamchi Mumbai’, the bank has about 150 branches spreading across various regions of the financial capital of India. Want to know the addresses, IFSC and MICR of the branches? Take a look at the table below.

UCO Bank Mumbai Branches

Branch NameComplete AddressIFSCMICRContact Detail
D.N. RoadD.N. Road Mumbai Branch (Post Box 833), Mumbai-400023UCBA0000003400028007022-2870256
KalbadeviKalbadevi Branch Gokul Building, 66/A, Dr. Atmaram Merchans Road, Bhuleswar, Kalbadevi, Mumbai- 400002UCBA0000004400028017022-22068047
Ghatkopar Ghatkopar Branch Above Parekh Market, Mahatma Gandhi Road, Ghatkopar, Mumbai-400077UCBA0000006400028012022-25149606
Santacruz (West)Karavala Lodge, Station Road, Santa Cruz West, MumbaiUCBA0000061400028030022-26494752
ChowpattyBharatiya Vidya Bhawan, Pandita Ramabai Road, Chowpatty, MumbaiUCBA0000090400028005022-23678287
Churchgate ReclamationIndustry House, 159 Churchgate Reclamation, Mumbai - 400020UCBA0000096400028008022-22025181
Abdul Rehman Street354, Abdul Rehman Street, Mumbai Maharashtra- 400003UCBA0000107400028002022-23445890
Colaba62 Pipewala Building, Shahid Bhagat Singh Road, MumbaiUCBA0000214400028009022-22020562
Khar508 Linking Road, Khar Bandra, Mumbai-400050UCBA0000216400028018022-26426845
MatungaLakshmi House No.1, 84, T H Kataria Marg, Matunga, Mumbai-400080UCBA0000237400028024022-24375029
WorliCentury Bhawan, Dr Anne Besant Road, Worli, Mumbai-400025UCBA0000265400028035022-24383096
Queens RoadBaldota Bhawan, 117, Maharani Karve Road, Opp Church Gate Station, MumbaiUCBA0000316400028028022-22030228
Madame Cama RoadY W C A Bulding Annexe, 18, Madame Cama Road, MumbaiUCBA0000386400028021022-22021675
Nariman PointMafatlal Center, 1St Flr. Nariman Point, MumbaiUCBA0000529400028026022-22026449
Pali HillGoutam Apartments, 72, Pali Hill, Bandra, Mumbai-400050UCBA0000554400028027022-26008668
GoregaonShilpanjali, Survey No.411- Ii, S V Road, Goregaon, West MumbaiUCBA0000683400028013022-28723176
DadarAnant, 3, Gokhale Road South, Dadar, Mumbai-400028UCBA0000692400028011022-24227745
Andheri WestYashodhan Apartments, P Jay Parkash Road, Four Banglow, Andheri West, MumbaiUCBA0000877400028003022-26356744
Kandivali (East)Swapna Sidhi Complex, Akuriz Road, Near Railway Station, Kandivali (East) MumbaiUCBA0000924400028019022-28872687

Products Offered by UCO Bank in Mumbai

From satisfying the car lovers to home seekers, the UCO Bank has what you need to pursue a sound financial journey. Products like a car loan, home loan, personal loan, loan against property and others are right there for you to avail of. Just evaluate your needs correctly and pick out the product from the list accordingly to fulfill your wishes. A detail on these products is stated below for you to look at.

Basic Details of UCO Bank Loans in Mumbai

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 value8.45% - 8.70%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 lakhs9.60% - 12.60%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 Required to Obtain Loans from UCO Bank in Mumbai

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