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Home Loan

(w.e.f 28.06.2025)

Guidelines

Floating Interest Rate Linked with Repo Rate:

CIBIL Score Card Rate Effective ROI
≥ 850
(UCO Super Platina Customers)		 UFR + 0.05% - SD 7.40%
≥ 825 and ≤ 849
(UCO Platina Customers)		 UFR + 0.15% - SD 7.50%
≥ 800 and ≤ 824
(UCO Super Premia Customers)		 UFR + 0.25% - SD 7.60%
≥ 750 and ≤ 799
(UCO Premia Customers)		 UFR + 0.45% - SD 7.80%
≥ 700 and ≤ 749
(UCO Optima Customers)		 UFR + 0.75% - SD 8.10%
0, -1 or <300
(New to Credit)		 UFR + 0.30%
(0.20% concession for salaried class)		 8.60%
≥ 650 and ≤ 699 UFR + 0.80% 9.10%
> 600 and < 649
(Individuals maintaining Salary Account with us)		 UFR + 1.20% 9.50%

UFR = UCO Float Rate = 8.30% p.a. at present

SD = Strategic Discount = 0.95% p.a. at present

ROI is subject to change from time to time.

Additional Concession:

For Takeover Loan

  1. Additional concession of 0.10% can be permitted by sanctioning Authority for takeover of existing home loan from other Bank/FI. However, Applicable interest rate cannot be below than UCO Float Rate + 0.05% – Strategic Discount i.e. 8.30% + 0.05% - 0.95% = 7.40% p.a.

If Property is owned by Woman

  1. Additional concession of 0.05% can be permitted by sanctioning Authority when property is owned by woman (singly or jointly). However, Applicable interest rate cannot be below than UCO Float Rate + 0.05% – Strategic Discount – Additional concession i.e. 8.30% + 0.05% - 0.95% - 0.05% = 7.35% p.a. In such cases, woman should be first applicant in Loan.

Property Loan

(w.e.f 28.06.2025)

Floating Interest Rate Linked with Repo Rate:

(iv) UCO Property - Individuals Spread Effective ROI
≥ 825 1.20% 9.50%
≥ 800 to 824 1.45% 9.75%
≥ 750 & ≤ 799 1.70% 10.00%
≥ 700 & ≤ 749 2.20% 10.50%
≥ 650 & ≤ 699 2.70% 11.00%
< 650 3.20% 11.50%

 

 

Interest Rate Linked with Repo rate.

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