Particulars | Salaried | Self-employed |
---|---|---|
Interest rate |
Men - 12.3 % p.a. Women - 12.05 % p.a. |
Men - 12.3 % p.a. Women - 12.05 % p.a. |
Loan value |
Maximum Rs 10 lakhs. |
Maximum Rs 10 lakhs. |
Tenure of the loan | Maximum 5 years | Maximum 5 years |
Least EMI |
Men – Rs 2239.63 Women – Rs 2226.97 Calculated on the loan value of Rs 1 lakh with the maximum availing period at the lowest interest rate. |
Men – Rs 2239.63 Women – Rs 2226.97 Calculated on the loan value of Rs 1 lakh with the maximum availing period at the lowest interest rate. |
Processing Fee | 1 % of the total loan value. Minimum being Rs.750 | 1 % of the total loan value. Minimum being Rs.750 |
Age | 21 - 65 years | 21 - 65 years |
The UCO bank provides personal loans to its borrowers at various interest rates. These rates depend on the RBI rates, credit history, inflation, borrowers’ income, etc. The interest rates applicable to UCO personal loans in 2015 were 14.60 % p.a. The bank ensures no burden to be implied on the borrowers.