UCO Bank Marriage Loan is offered to those salaried individuals who need money to fund their own or their child’s/sibling’s wedding. With UCO Bank Marriage Loan of upto Rs. 10 lakh, you can finance all the wedding related expenses including venue, food, accommodation for guests, invitation cards, jewellery, etc. The easy to avail loan can be applied online from the comfort of your home and office and an instant disbursement of loan amount lets you start the arrangements without any delay.
Interest Rates
The interest rates offered by UCO Bank on a marriage loan starts from 10.95% and vary from person to person. An interest rate of an individual is influenced by his credit score, age, employment, repayment history, etc.
Eligibility Criteria
- The applicant should be a confirmed employee in Govt. / Semi-Govt. / Reputed Public / Private Ltd. Co. /College / Universities / Public Sector
- You should be having minimum 2 years of service in the same organization
- You must either have a salary account with our UCO Bank or your employer will have to provide an undertaking that monthly loan installment will be recovered and directly paid to bank
- Your minimum income should be Rs. 10 lakh and your net take home pay should not be less than 40% of gross salary after deduction of PF and other statutory deductions
- Your additional income like rent, interest, etc. may be taken into consideration after verifying the necessary documents
Documents Required
- Identity proof: Passport, Pan Card, Voter Identity Card, Driving License, Aadhaar Card
- Address proof: Ration Card, Bank Account Statement, Passport, Driving License, Electricity Bill, Telephone Bill, Sale Deed/Property purchase agreement(for owned properties), Aadhaar Card
- Income proof: Bank Account Statement, Salary Slips
EMI Calculator
Monthly EMI ₹ 15,622
Total Amount Payble ₹ 5,62,395(Principal + interest)
Principal Amount ₹ 5,00,000
Total Interest Payble ₹ 62,395
Personal Loan at Attractive Interest Rates Apply Now
FAQs
Q. What is the processing fee of UCO Bank Marriage Loan?
Ans. The processing fee is upto 1% of the loan amount.
Q, How can I contact the customer care of UCO Bank?
- You can call on 1800-274-0123
- You can send an email on customercare.calcutta@ucobank.co.in
Q. What should be my credit score to apply for UCO Bank Marriage Loan?
Ans. Your credit score should be at least 750 or above to apply for UCO Bank Marriage Loan.