Important Details about Uco Bank Home loans:
|Interest Rates||8.45% - 8.70%|
|Max. Loan Amount||Depends on Income|
|Processing Fees||Nil till 31.03.2018|
|Min. Income||Rs.10000/- p.m|
|Loan Repayment||upto 30 years|
UCO Bank home loan interest Rates 2018
|Loan Upto Rs.75 lacs||8.45%|
|Loan of Rs.30 lacs and above||8.55% – 8.70%|
Eligibility of Uco Bank
All Individual (including NRI and PIO) having minimum 21 years of age and maximum 70 years of age (all class of borrower) inclusive of repayment period are eligible for taking home loans from Uco Bank to buy dream house.
Uco Bank home loan emi calculator
Use this simple tool for calculate exact loan emi per month which is paid by you for the loan amount which you can take by bank for home loan.
Trends of last 5 Years Uco Bank Home loans vs RBI Repo rate
|Date||Change by RBI||New Repo Rate||Date of Change||New Base Rate|
You can avail home loan for the Purchase and construction of independent house/ready built flat for residential purpose, Extension/Repair/Renovation, Takeover of home loans.
Tax Benefits on Home loans
Tax relief on principal and interest components of home loan would be available as per provisions prevailing under Income Tax Act.
Insurance coverage for home loans under Uco Bank
Insurance cover on house property under UCO Griha Raksha Yojana scheme to cover the risk of damage to home by natural calamities.
UCO Griha Lakshmi Yojana to cover the outstanding loan in case of accidental or natural death of borrower.
How the Home Loan eligibility is calculated?
Home Loan eligibility is depends on the basis of income and repayment capacity of the borrower.
Source: Official Website Uco Bank