🇮🇳 India

UCO Bank Last updated2026-05-28

UCO Bank EMI Calculator 2026 rates.

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Quick answer

UCO Bank home loan rate starts at 8.45% (typical 8.7%) as of 2026. A ₹50 lakh loan at 8.7% over 20 years = an EMI of approximately ₹44,026/month.

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EMI Calculator

Live

Loan Amount

₹

₹25.00 L

Interest Rate (p.a.)

Tenure (years)

Monthly EMI

₹21,696

/month

Total Interest

₹27.07 L

52% of total

Total Payable

₹52.07 L

over 20 years

Principal vs Interest Split

48% principal

52% interest

✨ Live · For home, personal, auto, education loans · Excludes processing fees

📊 Current rates

UCO Bank loan rates (May 2026)

🏠 Home Loan

8.45–10.45%

typical: 8.7% p.a.

💵 Personal Loan

10.85–16.6%

typical: 12.5% p.a.

🚗 Car Loan

8.8–11.6%

typical: 9.25% p.a.

💳 Processing Fee

0.50% of loan amount (max ₹10,000 for home loans).

🔁 Prepayment

Zero on floating-rate retail home loans. 1% on fixed-rate.

About UCO Bank

Why choose UCO Bank?

UCO Bank (originally United Commercial Bank, est. 1943 by GD Birla), headquartered in Kolkata, is a mid-size PSU bank with about 3,200 branches across India and 4 overseas branches (Hong Kong, Singapore). Total advances around ₹2 lakh crore. UCO has historical strength in West Bengal, Bihar, Jharkhand, and Odisha — areas where competing private banks have lighter coverage. Exited RBI PCA framework in September 2021 after years of NPA stress and recapitalization.

🎯 Unique angle

UCO Bank is one of the leading lenders for Eastern India rural and tier-3 home loans, with deep branch networks in West Bengal, Bihar, Jharkhand, and Odisha. Combined with the competitive 2.85% repo-linked spread and PMAY-CLSS direct subsidy handling, UCO is often the most rate-competitive mainstream lender in Eastern India outside Kolkata metro.

Product highlights

✓ UCO Home Loan: 8.45-9.45% repo-linked floating rate
✓ UCO Pravasi Bharatiya Home Loan: NRI-specific product
✓ UCO Smart Home Loan: home loan + overdraft hybrid
✓ UCO Two-Wheeler Loan competitively priced for rural East India
✓ PMAY-CLSS direct credit subsidy processing

❓ UCO Bank FAQ

Common questions.

UCO Bank for Bihar, Jharkhand, and rural West Bengal home loans?

UCO is one of the top PSU banks for tier-3 Eastern India (Patna, Ranchi, Bhubaneswar, Asansol, Darbhanga, Bhagalpur) home loans. The bank has 600+ branches in Bihar alone, often the only major bank with a meaningful local presence in tier-3 districts. Combined with competitive 8.45-8.7% rates and full PMAY-CLSS subsidy handling, UCO is the natural first choice for Eastern India affordable and mid-segment home buyers.

Is UCO Bank safe after exiting PCA in 2021?

Yes. UCO was under RBI PCA framework from 2017 to 2021 due to high NPAs. After government recapitalization (~₹3,000 crore total), provisioning, and bad-loan resolution, UCO exited PCA in September 2021. Since FY22, the bank has been consistently profitable. Capital adequacy is around 17%, gross NPA under 4%. DICGC ₹5 lakh deposit insurance applies as for any Indian bank.

UCO Bank Hong Kong/Singapore branches — for NRI banking?

UCO has full-fledged branches in Hong Kong and Singapore (legacy from its established Asia trade-finance position) that serve Indian-origin residents in those cities for NRE/NRO account opening, FCNR deposits, and home loan documentation. For Hong Kong and Singapore-based Indian professionals buying property back in India (particularly Eastern India), UCO offers door-to-door processing through the local branches — a rare service among Indian PSU banks abroad.

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