| 1 |
Who are eligible? |
- UCO Gold Loan customer can avail top-up Gold Loan against existing gold loan accounts and also repledge existing ornaments/Jewellery for another term after paying dues without any branch visit
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| 2 |
Purpose |
- All types of personal, business, agricultural needs
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| 3 |
Quantum of Loan |
- Rs. 35 Lakhs in each scheme of Retail, Agriculture, and MSME, subject to overall limit of Rs. 100 Lakhs per individual
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| 4 |
Rate of interest (Retail) |
Name |
Max. Tenure |
Interest Rate |
Gold Loan- MSME-27/28 % Margin |
12 Months |
Uco Float-0.10 % |
Gold Loan- MSME-30 % Margin |
12 Months |
Uco Float-0.20 % |
TopUp Gold Loan-MSME
(Minimum Margin in Top up Gold loan should be in line with original Gold Loan) |
12 Months |
Uco Float-0.10 % |
|
| 5 |
Rate of Interest (Agri Category) |
Name |
Max. Tenure |
Interest Rate |
Krishi Kanakadhara-Upto 9 Months–15% Margin |
9 Months |
6 Month MCLR |
Krishi Kanakadhara-Above 9 Months 15% Margin |
12 Months |
1 Year MCLR |
Agri & Allied Activities 25 % Margin- above 9 Months |
24 Months |
1 Year MCLR |
TopUp Gold Loan-Agri-25% Margin |
23 Months |
1 Y MCLR |
|
| 6 |
Rate of interest (MSME Category) |
-
Name |
Max. Tenure |
Interest Rate |
Gold Loan- MSME-25 % Margin |
12 Months |
Uco Float-0.30 % |
Gold Loan- MSME-30 % Margin |
12 Months |
Uco Float-0.50 % |
TopUp Gold Loan-MSME-25% Margin |
11 Months |
Uco Float-0.30 % |
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| 7 |
Processing Charges |
- No charges for Gold Loan top-up
- For Repledge Loan –
- >25,000-Rs 1 Lacs – Rs. 250/-
- >Rs 1 Lacs – Rs 2 Lacs – Rs. 350/-
- >Rs 2 Lacs – Rs 3 Lacs – Rs. 500/-
- >Rs 3 Lacs – Rs 5 Lacs – Rs. 800/-
- >Rs 5 Lacs – 0.25% with Max Rs. 4000/
- Note:- GST will be applicable on above charges
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| 8 |
Documentation and pre-payment charges |
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| 9 |
Repayment |
- Convenient repayment options and Bullet repayment facility available
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