UCO Select Plus (Personal )Loan
Salient Features Of UCO Select Plus (Personal )Loan
Sl no | Parameter | Scheme covenants |
---|---|---|
1 | Who are eligible? | • Existing Asset base Customers- 1. Existing Home Loan accounts with sanction limit of Rs.20.00 lakh and above and Car loan accounts with sanction limit of Rs.8.00 lakh and above. 2. Existing Home and Car Loan accounts with a minimum EMI repayment history of 12 months. 3. Loan account has not slipped SMA-1/SMA-2/NPA or restructured (except COVID Restructuring) during entire tenure. 4. No other loan account of the applicants, must have been categorized as NPA or Restructured (except for COVID restructuring) in the past at the time of updation of eligible data base. 1. Past Asset base customers- 1. Home Loan customers with sanction limit of Rs.20.00 lakh and above and Car loan customers with sanction limit of Rs.8.00 lakh and above, who have fully repaid the loan account within last 24 months and currently have not availed any loan facility from us, except for Loan against Deposit and Gold loan. 2. Loan account had never slipped to SMA-1/SMA-2/NPA or restructured (except COVID Restructuring) during the entire tenure. 3. Customer maintaining an active KYC complied savings account with our Bank. |
2 | Age | Minimum: 18 years Maximum: 65 years |
3 | Amount of loan | Minimum: Rs.25,000/- Maximum: Rs.10.00 lakh for existing asset base & Rs.4.00 lakh for past asset base customers. |
4 | Repayment period | Between 6 months and 60 months. |
5 | Rate of interest | UCO Float+2.70, if CIC Score ≥ 800 UCO Float+2.95, if CIC Score ≥ 775 to 799 UCO Float+3.70, if CIC Score ≥ 750 to 774 |
6 | Processing & documentation charges | Nil |
7 | DDE Charge | Rs 42 Inclusive of GST |
8 | Stamp Charges | Actual above Rs 4 Lac |
9 | CIBIL Charges | Rs 177 Inclusive of GST |
10 | Minimum CIBIL Score | 750 |
11 | How to access this digital journey | This end to end digital journey may be accessed through desktop or mobile phone, using the link shared by the bank |
12 | Other salient features | Cool off period of 3 days from date of sanction/disbursement |