The Bank offers home loans linked to both Marginal Cost of Funds-based Lending Rate (MCLR) and Repo-Linked Lending Rate (RLLR).

UCO Bank offers regular home loan scheme for purchase or construction of flat or house, extension, repair, renovation of existing house or flat up to 50 years old, plot purchase for residential purpose and purchase of house or flat up to 40 years old. Consumers can also avail UCO Home Loan scheme to purchase flat in a registered Co-operative Society from builders or developers from Urban or Municipal Development Authority from Government bodies. UCO Home Loan scheme also facilitates transfer of existing home loans from other banks and HFCs to UCO Bank at lower interest rates.

UCO Bank Home Loan interest rates start from 8.45% p.a. onwards. UCO Bank offers home loans @ 8.45% p.a. onwards for tenures of up to 30 years and loan amounts of up to 90% of the property’s cost. It also offers pre-approved home loans to select customers even before the finalization of the property, with in-principle sanction valid for 4 months. The lender offers differential interest rates depending on the CIBIL score, job profile and type of home loan scheme.

It is offered to repair renovate of house, construct new home. The interest rate under this scheme varies from 8.85% p.a. to 10.40% p.a. and the processing fee of this is 0.5% of the loan amount. UCO Bank provides UCO Pre-approved Home Loan scheme for in-principle sanction of home loan based on the home loan eligibility of the applicants even before the applicant has finalized the property. The pre-approved sanction remains valid for 4 months.

Home Loan scheme to its existing home loan borrowers, over and above the existing home loans, to meet their various financial needs related to education, repair, renovation, home furnishing, agriculture, business, and so on.