UCO Bank Home Loan
UCO Bank Home Loan
UCO Bank Home Loan
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UCO Bank Home Loan EMI Calculator
Your Monthly EMI
₹ 77,530
Total Principal
₹ 1,00,00,000
Total Interest
₹ 86,07,174
Total Payable
₹ 1,86,07,174
UCO Bank Home Loan Key Highlights
Loan Amount No upper limit for home construction/purchase/extension/takeover
Rate of Interest 7.50% per annum onwards
Processing Fee 0.5% of the loan amount (Min. Rs. 1,500/-, Max. Rs. 15,000/-)
Maximum Tenure for Repayment Up to 30 years or 360 EMIs; not beyond 75 years of age of the borrower
Rate Packages Floating
Charges for Prepayment/Foreclosure Nil
UCO Bank Home Loan Interest Rates in 2026
UCO Bank aims to offer competitive interest rates on its home loan products, ensuring they are easily accessible to all. The bank’s interest rate for 2025 ranges between 7.50% per annum and 9.50% per annum. Additionally, UCO Bank offers a home loan interest rate concession of 0.05% to women applicants (in cases where a woman owns the property).
The table below indicates the various home loan interest rates offered by UCO Bank for various home loan categories:
| Applicants with a CIBIL score of more than or equal to 825 (UCO Super Platina Customers) | 7.50% p.a. |
|---|---|
| Applicants with a CIBIL score of more than or equal to 800 and less than or equal to 824 (UCO Platina Customers) | 7.60% p.a. |
| Applicants with a CIBIL score of more than or equal to 750 and less than or equal to 799 (UCO Premia Customers) | 7.85% p.a. |
| Applicants with a CIBIL score of more than or equal to 700 and less than or equal to 749 (UCO Optima Customers) | 8.15% p.a. |
| Applicants with a CIBIL score of 0-1 or less than 300 (New to Credit) | 8.88% p.a. |
| Applicants with a CIBIL score more than or equal to 650 and less than or equal to 699 (New to Credit) | 9.00% p.a. |
| Applicants with a CIBIL score of more than or equal to 600 and less than or equal to 649 | 9.50% p.a. |
| Women borrowers | 0.05% additional concession |
| Takeover loans | 0.10% additional concession |
| Applicants with a CIBIL score of more than or equal to 825 (UCO Super Platina Customers) | 7.50% p.a. |
UCO Bank Home Loan Eligibility Criteria
All borrowers applying for a home loan with UCO Bank must meet the eligibility criteria specified by the bank. This helps the bank ensure the genuine intent of the applicant and their ability to repay the loan amount.
Listed below are the UCO Bank home loan eligibility requirements set by the bank. Check to ensure that you meet them before applying for a home loan with the bank:
For Self-Employed Individuals
Age Range (in years)
21-75 years of age; not more than 65 years at the time of loan application
Nationality
Indian and NRI/PIO
Minimum Income Earned
As per bank assessment (based on repayment capacity)
For Salaried Individuals
Age Range (in years)
21-75 years of age; not more than 65 years at the time of loan application
Nationality
Indian and NRI/PIO
Minimum Income Earned
As per bank assessment
UCO Bank Home Loan Processing Fee and Charges
Every bank levies a nominal processing fee on its home loan applicants, which covers the administrative and other costs involved in processing the loan application. The UCO Bank home loan processing fee is 0.5% of the total loan amount (minimum Rs. 1,500/-; maximum Rs. 15,000/-).
| Processing Fee | 0.5% of the total loan amount (minimum Rs. 1,500/-; maximum Rs. 15,000/-) |
| Charges for Late EMI | 2% + GST per annum |
| Processing Fee | 0.5% of the total loan amount (minimum Rs. 1,500/-; maximum Rs. 15,000/-) |
| Charges for Late EMI | 2% + GST per annum |
UCO Bank Home Loan Schemes and Top Plans
UCO Bank offers three main types of home loan plans and schemes, enabling a broad segment of applicants to avail of financing options according to their budget and requirements.
Listed below are the key features of each of the three types of home loans offered by UCO Bank to help you make an informed choice:
- For building and buying a ready-built flat or an independent house for residential living
- For making repairs, extensions, or renovations to an existing flat or house (not more than 50 years old)
- For buying an old flat (up to 35 years old) and an old house (up to 40 years old)
- For furnishing a residential property
- No upper cap for the construction/purchase/extension/takeover of residential property
- Up to Rs. 50 lakh for renovations and repairs on the existing residential property
- The loan amount is sanctioned even before the borrower has finalized the residential property
- A loan is available to the bank’s existing home loan applicants to finance any additional requirements over and above the existing loan amount.
- These may include expenses for repairs, home furnishings, business, education, and other similar needs.
- No fresh loan is sanctioned to the borrower with a CIBIL score of less than 650
* Note: All of the above home loan plans are made available to applicants solely at the discretion of UCO Bank Home Loan, taking into consideration the earning and repayment capacity of the applicant.
Documents Required for UCO Bank Home Loan
As part of the home loan application process, all borrowers with UCO Bank must submit a set of required documents. These documents help determine the applicant's creditworthiness and genuineness.
Review the comprehensive list of documents required for a home loan at UCO Bank, applicable to both salaried and self-employed applicants, below.
| Proof of Income |
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| Other Required Documents |
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| Proof of Income |
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| Other Required Documents |
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| Identity & Address Proof |
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| Documents Related to Property |
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Apply Home Loan Through BASIC Home Loan
Applying for a UCO Bank home loan is now a simplified and hassle-free procedure via BASIC Home Loan.
Apply Now on the BASIC Website
Proceed to the 'APPLY NOW' section on the BASIC Home Loan website.
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Fill in the form by entering your name, contact number, and other required details, and submit the form.
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