Please Note: UCO Bank is not a Paisabazaar partner. Offers would be from partner banks/NBFCs only.
UCO Bank Home Loan Highlights | |
Interest Rate | 8.45%– 10.30% p.a. |
Loan Tenure | Up to 30 years |
Loan-to-Value Ratio | Up to 90% of the property value |
Processing Charges | 0.50% of the loan amount (Min. Rs. 1,500 and Max. Rs. 15,000) |
Note: Rates as of 30th March 2023

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Table of Contents |
UCO Bank Home Loan Interest Rates
UCO Home
For Government Employees
CIBIL Score | Interest Rate (p.a.) |
800 & above (direct) (LTV up to 80% and LTV 80%-90%) | 8.45% |
800 & above (DSA) (LTV up to 80% and LTV 80%-90%) | 8.55% |
750-799 (LTV up to 80%) (LTV 80%-90%) | 8.65% 8.75% |
700-749 (LTV up to 80%) (LTV 80%-90%) | 8.85% 8.95% |
650-699 (LTV up to 80%) (LTV 80%-90%) | 9.45% 9.55% |
Up to 649 (LTV up to 80%) (LTV 80%-90%) | 10.20% 10.30% |
For Other than Government Employees
CIBIL Score | Interest Rate (p.a.) |
800 & above (direct) (LTV up to 80% and LTV 80%-90%) | 8.55% |
800 & above (DSA) (LTV up to 80% and LTV 80%-90%) | 8.65% |
750-799 (LTV up to 80%) (LTV 80%-90%) | 8.75% 8.85% |
700-749 (LTV up to 80%) (LTV 80%-90%) | 8.95% 9.05% |
650-699 (LTV up to 80%) (LTV 80%-90%) | 9.45% 9.55% |
Up to 649 (LTV up to 80%) (LTV 80%-90%) | 10.20% 10.30% |
CIBIL Score | Interest Rate (p.a.) |
Above 750 | 9.80% |
Up to 750 | 9.90% |
UCO Top-up Home Loan
CIBIL Score | Interest Rate (p.a.) |
Up to 750 | 10.30% |
700-749 | 10.50% |
650-699 | 11.00% |
Up to 649 | 11.50% |
Compare Interest Rates on Home Loans for Top Banks & HFCs
Name of Lender | Up to Rs. 30 Lakh | Above Rs. 30 Lakh to Rs. 75 Lakh | Above Rs. 75 Lakh |
SBI | 8.50% - 10.15% | 8.50% - 10.05% | 8.50% - 10.05% |
HDFC | 8.50% - 10.35% | 8.50% - 10.60% | 8.50% - 10.70% |
LIC Housing Finance | 8.45% – 10.10% | 8.45% – 10.30% | 8.45% – 10.50% |
ICICI Bank | 9.00%-9.80% | 9.00%-9.95% | 9.00%-10.05% |
Kotak Mahindra Bank | 8.85% onwards | 8.85% onwards | 8.85% onwards |
PNB Housing Finance | 8.50% - 14.50% | 8.50% - 13.00% | 8.50%-10.85% |
Punjab National Bank | 8.65%-9.60% | 8.60%-9.50% | 8.60%-9.50% |
Bank of Baroda | 8.50% - 10.65% | 8.50% - 10.65% | 8.50% - 10.90% |
Union Bank of India | 8.75% – 10.75% | 8.75% – 10.95% | 8.75% – 10.95% |
IDFC First Bank | 8.85% onwards | 8.85% onwards | 8.85% onwards |
L&T Housing Finance | 8.65%-8.75% | 8.65%-8.75% | 8.65%-8.75% |
Bajaj Housing Finance | 8.70% onwards | 8.70% onwards | 8.70% onwards |
Tata Capital | 8.95% onwards | 8.95% onwards | 8.95% onwards |
Federal Bank | 10.15%-10.20% | 10.20%-10.25% | 10.25%-10.30% |
Check the latest home loan interest rates of all banks and HFCs
UCO Bank Home Loan Processing Fees and Charges
Particulars | Applicable Charges |
Processing Fee |
|
Prepayment Charges | Nil |
Documentation Charges | Nil |
CIBIL – Report Pulling Charges | Nil |
Inspection Charges | Nil |
Know more about the home loan processing fees charged by top banks and HFCs
Types of UCO Bank Home Loan Schemes
UCO Housing
Purpose: Regular home loan scheme for purchase/construction of flat/house, extension/repair/renovation of existing house/flat up to 50 years old, purchase of house/flat up to 40 years old. This home loan scheme also facilitates home loan transfer of existing home loans from other banks and HFCs to UCO Bank at lower interest rates.
Loan Amount:
- For purchase/construction/takeover/extension: As per the borrower’s eligibility
- For repair/renovation: Up to Rs 15 lakh
LTV Ratio:
Loan amount up to Rs 30 lakh | 90% |
Loan amount Rs 30 lakh-Rs 75 lakh | 80% |
Loan amount above Rs 75 lakh | 75% |
Tenure: Up to 30 years or up to 75 years of age of the borrower

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UCO Pre-Approved Home Loan
Purpose: In-principle home loan sanction based on home loan eligibility when the applicant has not yet finalized the property. The pre-approved sanction remains valid for 4 months.
Loan Amount:
- For purchase/construction/takeover/extension: As per the borrower’s eligibility
- For repair/renovation: Up to Rs 15 lakh
LTV Ratio:
Loan amount up to Rs 30 lakh | 90% |
Loan amount Rs 30 lakh-Rs 75 lakh | 80% |
Loan amount above Rs 75 lakh | 75% |
UCO Top-up Home Loan
Purpose: Home loan top-up scheme for availing additional loan on existing home loan to meet various financial requirements of the borrower
Loan Amount:
- Term Loan: Rs 1 lakh-Rs 25 lakh
- Overdraft: Up to Rs 2 lakh or 10% of original housing loan
Tenure: Before the borrower reaches 75 years of age
Eligibility Criteria for UCO Bank Home Loan
- Age: 21-75 years
- Resident Indian, NRI, PIO
For Top-up Home Loan
- Satisfactory repayment track record of at least 3 years
- No overdue in existing home loan account
- Valid mortgage in favour of the bank
Know more about home loan eligibility criteria set by other home loan lenders

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UCO Bank Home Loan Documents Required
Salaried Individuals
- Duly filled in and signed the application form with photographs
- Identity, address and age proof
- Salary slip of last 3 months
- Bank statement of the past 6 months
- Form-16 and Income Tax Returns (ITR) details
- Title documents of the property
Self Employed Individuals
- Duly filled in and signed application form with photographs
- Identity, address and age proof
- ITR and financial statements, including balance sheet, profit & loss account, schedules. (documents must be certified by a CA)
- Bank statement of the past 12 months
- For partnership firms: Latest partnership deed
- For companies: Latest Memorandum and Articles of Association (CA certificate on profit sharing ratio/list of directors/shareholding partnership)
- For Limited Liability Partnership: LLP Agreement
- Title document of the property along with business address proof
Note: Some banks and HFCs provide home loans to those who get salary payments in cash or lack adequate proof of income. Some of these lenders are HDFC, IDFC First Bank, LIC Housing Finance, Piramal Housing Finance and PNB Housing Finance.
Know more about the home loan documents required by other lenders

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UCO Bank Home Loan EMI Calculator
Monthly EMI ₹ 15,622
Total Amount Payble ₹ 5,62,395(Principal + interest)
Principal Amount ₹ 5,00,000
Total Interest Payble ₹ 62,395

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FAQs
1. How is UCO Bank Home Loan eligibility determined?
Ans. The eligibility of home loan applicants is determined on the basis of their income and repayment capacity.
2. If the plot of land is in the name of the wife who does not earn, but husband is an earning member. Will the home loan be granted to them?
Ans. Yes, in such cases home loan can be jointly availed by husband and wife, where husband will be the main applicant and wife will be the co-applicant.
3. Can I choose between fixed and floating rates?
Ans. UCO Bank offers home loans at floating rates only.
4. Can I prepay my home loan availed from UCO bank?
Ans. Yes you can prepay your home loan availed from UCO Bank. The bank does not levy any prepayment charges on home loans at floating rates.
5. What is the minimum credit score required to avail home loans from UCO Bank?
Ans. UCO Bank has not specified the cut-off credit score for home loan applicants. However, UCO Bank offers lower interest rates to applicants having higher credit scores. For instance, home loan applicants having credit scores of 750 and above are offered lowest interest rates followed by those having credit scores below 750.
6. What are the different modes of EMI payment available for UCO Bank home loans?
Ans. EMI payment can be made from your own savings account/current account maintained with the bank through E-banking/M-banking/giving instructions to the branch. If the savings bank account is maintained with another bank, then you can get ECS mandate registered with UCO Bank for automatic deduction of home loan EMIs from that bank.