UCO Bank Personal Loan Review
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2 Comments
The UCO bank was established in Kolkata in 1943 and nationalized in 1969 by the government of India.
The maximum loan amount availability is only 2 lac. This is nowhere near what competitors are offering in the market.
The interest rate is at 13.25% for all borrowers. It is a floating rate of interest. It is among the lowest rates in the market.
Charges
The processing fees are 1% of the loan amount. These are among the lowest available in the market. There are no prepayment charges. This is a huge benefit for people looking to repay their loans ahead of schedule.
Tenure
The tenure of the loan ranges from 1 year to 4 years. This is slightly lower than the 5 year tenure that most banks offer.
Ratings
Reputation: 3/5
Loan amount: 2/5
Interest rate: 3.5/5
Charges: 3.5/5
Tenure: 2/5
Overall: 2.75/5
Published on August 6, 2010 · Filed under: UCO Bank Personal Loan;
2 Responses to “UCO Bank Personal Loan Review”
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prabhat srivastava said on August 26th, 2011 at 7:19 am
I WANT 100,000 PERSONAL LOAN .IAM SAHARA INDIA EMPLOYED. MY MOB. NO 9598474341
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RameshChand said on December 29th, 2011 at 6:28 am
I want 2,00,000 lakh personal loan.
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