UCO Bank home loan interest rates

The housing loans are today’s hot topic for availing dream home. The UCO Bank Home Loans are the ideal featured options for the customers.

uco bank home loan

UCO Bank Types of Loans


  • Purchasing a new house
  • Renovation or repair of the home
  • Extend or expand an existing home
  • New loan pays the previous loan
  • Construction of a new house
  • Purchase and construction & investment purposes

UCO Bank home loan interest rates Eligibility

  • Indian resident with income source
  • Age limit from 21 years to 65 years
  • Loan Repayment period
  • Senior Citizens loan
  • Term Deposit

Documents for Salaried Employee:

  • Employment certificate
  • Copies of pay slips for last 3months
  • TDS certificate
  • Latest Form 16
  • Bank statements

Documents for Self-employed:

  • Statements for the last 2 years
  • Partnership firm
  • Account details for the last 3 years
  • Income tax Returns

The loan amount will be decided as per loan entitlement of the customer. One can avail 85% of loan amount at a margin of 15% of the land cost. Renovation of the property will be 75% of cost of the property along with 20% of land or home cost.

One can avail loan amount up to Rs.25 Lac in rural areas. The limit is Rs.100.00 Lac in Semi-urban. Maximum amount sanctioned for renovation in rural areas is Rs. 7.50lac, and Rs. 25lac in semi-urban areas. The processing fee is up to 50% of land cost along with 30% ceiling on the cost of land and construction.

UCO Bank home loan interest rates

One can go for a loan amount of Rs. 1lac to Rs. 25crores for a period of 5 to 25 years. The UCO Bank Home Loan Interest Rate is fixed with 10.2% for tenure of 1 to 25 years. The processing fee of the document is 0.5% on the loan amount with a minimum payable amount as Rs. 10000/-. The customer should pay 0.25% of loan amount on the first stage of loan sanctioned. One can go for EMI option as it makes the customers ease while paying the premiums on monthly basis.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.