Uco Bank Business Loan – Interest Rates 2024, EMI Eligibility Calculator

Uco Bank Business Loans ✓ Get Details on Documents ✓ Interest Rates ✓ Uco Business Loan EMI Calculator ✓ Processing Charges on Uci Bank Business loans Online.

Interest Rate 11.10 – 11.35%
Tenure 1 Year to 10 Years
Loan Amount Min Rs. 2,00,000 to Max Rs. 2 crore
Part Prepayment Charges Nil Prepayment Charges after 6 EMI’s
Processing Fees N.A

Apply Business Loan

Loan Amount

UCO Bank Advantage on Business Loans:

  • Low interest rates. Further, Uco bank will charge interest on a daily reducing balance!
  • Low processing charges; only 2%-3% of loan amount
  • No hidden costs or administrative charges.
  • No security required ……which means minimal documentation…something that you had always wanted.
  • No prepayment penalties. Reduce your interest burden and optimally utilize your surplus funds by prepaying the loan (1% of the loan amount will be charged if you repay the loan before 6 months)
  • Long repayment period of up to 48 months.

The loan will be granted for any legitimate purpose whatsoever (e.g. expenses for domestic or foreign travel, medical treatment of self or a family member, meeting any financial liability, such as marriage of son/daughter, defraying educational expenses of wards, meeting margins for purchase of assets etc.)


You are eligible if you are a self employed engineer, doctor, architect, chartered accountant, or a MBA with minimum 2 years experience.

UCO Bank Business Loan Interest Rates

For more details on interest rates, visit your nearest uco bank branch.

UCO Bank Business Loan EMI Calculator

Use below calculator to check how much emi per month you have to pay for business loan you gonna take from uco bank. enter your loan amount, interest rate and repayment period to calculate the business loan emi.

Calculate Loans EMI Online

Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
Monthly EMI
Total Amount with Interest
Total Interest Amount
Yearly Interest Amount

Loan Amount
Your personal loan limit would be determined by your income and repayment capacity.
Minimum :

  • Rs.24,000/- is offered in metros and urban centres.
  • Rs.10,000/- in rural/semi-urban centres

Maximum : 12 times Net Monthly Income for salaried individuals and pensioners subject to a ceiling of Rs.10 lacs in all centres

Documents Required:

Important documents to be furnished while opening a Personal Loan Account:

  • For existing bank customers(only) Passport size photograph

Repayment Options:
The loan is repayable in 48 EMI. You are allowed to pay more than the EMI if you wish to, without attracting any prepayment penalty.

Security – NIL

Processing Fee
Processing charges are 2-3% of the loan amount. This is among the lowest fees in the industry. Processing fees have to be paid upfront. There are no hidden costs or other administrative charges.

UCO Bank Business Loan Status

Borrower can track the business loan procedure of uco bank and application status by visiting branch or Online. You can track your business loan application by application or reference number.

Other Products from Uco Bank

  1. Uco Bank Personal Loan
  2. Uco Bank Home Loan
  3. Uco Bank Car Loan
  4. Uco Bank Credit Card
  5. Uco Bank Property Loan
  6. Uco Bank Two Wheeler Loan
  7. Uco Bank Education Loan
  8. Uco Bank Fixed Deposit Rates
  9. Uco Bank Gold Loan

Source: Uco Bank Official Website