UCO Bank Loan Against Property Highlights 2022 | |
Interest Rate | 9.35%-11.35% p.a. |
Loan Amount | Up to Rs 5 crore |
Tenure | Up to 12 years |
Processing Fee | 0.50% of loan amount (up to Rs 2 lakh) |
Minimum Income | For Salaried: Rs 30,000 per month (metros); Rs 20,000 (other locations) For Non-Salaried: Rs 4 lakh p.a. |

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Table of Contents
UCO Bank Loan Against Property Interest Rates
UCO Property Loan
Type of Loans | Interest Rate (p.a.) |
Priority Sector Loans | 10.35% |
Non Priority Sector Loans | 11.35% |
UCO Rent
Type of Applicants | Interest Rate (p.a.) |
Owner of UCO Bank branch premises | 9.35% |
Owners of the premises of other banks’ branches or where the tenants are PSUs, reputed corporates, Insurance companies, Financial Institutions and MNCs | 9.50% |
Other property owners requiring repayment tenures of up to 3 years | 10.20% |
Other property owners requiring repayment tenures of above 3 years | 10.45% |
Commercial Real Estate (CRE) | 10.70% |

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Compare Interest Rates on Loan Against Property for Top Banks & HFCs
Name of the Lender | Interest Rate (% p.a.) |
State Bank of India | 9.30-9.70 |
Bank of Baroda | 9.65-15.30 |
PNB Housing Finance | 7.99-11.00 |
IDFC First Bank | 7.40-14.90 |
HDFC | 8.50-11.40 |
L&T Housing Finance | 10.30-10.90 |
LIC Housing Finance | 8.35-11.10 |
Godrej Housing Finance | 8.75-10.99 |
ICICI Bank | 9.75-10.90 |
Tata Capital | 10.10 onwards |
Bajaj Housing Finance | 7.00-18.00 |
Axis Bank | 8.90-9.10 |
Kotak Mahindra Bank | 9.50-11.70 |

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UCO Bank Loan Against Property Fees and Charges
UCO Rent
Particulars | Charges |
Processing Fee | Up to 0.50% of loan amount (up to Rs 2 lakh) |
Pre-payment Charges | NIL when pre-payment is done through borrower’s own fund 1% in other cases |

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Types of UCO Bank Loan Against Property
UCO Property Loan
Purpose:
- To meet the personal requirements of the borrowers
- For individuals and firms/companies to meet the financial needs of MSE units. Agricultural needs and other purposes fall under Priority Sector Norms
Loan Amount:
- For Individuals: Rs 2 lakh-Rs 2 crore
- For firms/companies: Rs 2 lakh-Rs 5 crore
Tenure: Up to 12 years
UCO Rent
Purpose: Loan against rent receivables for productive purposes like undertaking repairs, renovation, augmenting earnings, etc.
Loan Amount: Minimum Rs 1 lakh
LTV Ratio:
Applicant Type | LTV Ratio |
Owners of the premises of other banks’ branches or where the tenants are PSUs, reputed corporates, Insurance companies, Financial Institutions and MNCs | Up to 70% of total rent receivables |
Other property owners | 50% of total rent receivables |
Tenure: Up to 10 years

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Eligibility Criteria for UCO Bank Loan Against Property
For UCO Property Loan
- Salaried, self-employed or pensioners falling under age group 21-65 years are eligible for Loan Against Property at UCO Bank
- Professionals and businessmen should have regular income source and should be filing ITR
- Minimum Income:
- For Salaried-
- Minimum Gross Salary should be Rs 30,000 per month (metro cities)
- Minimum Gross Salary should be Rs 20,000 per month (other areas)
- For Non-Salaried- Rs 4 lakh p.a.
- The Net Take Home Pay should not be less than 40% after considering all the deductions such as provident fund, insurance, income tax, professional tax monthly EMIs of proposed loan and other statutory deductions
- For Salaried-
For UCO Rent
- Lessors/owners of houses/flat/godowns/warehouses, etc. are eligible to apply for UCO Rent.
- Properties belonging to co-operative societies are not eligible for loan sanction under UCO Rent