🇮🇳 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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