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Request for Proposal (RFP) For Empanelment of Human Resource Recruitment Consultant(s) for Facilitating Engagement of Specialist/Domain Experts at Junior, Middle and Senior Management Positions on Contractual Basis (E-tendering) UCO Bank invites application for Engagement of Concurrent Auditors for 2023-24. Please visit ucobank.com- >Tenders/Notices- Notices for details Open Tender for Purchase of 90 MT of 95 GSM security paper with "CTS-India" watermark Notice Inviting application for the post of Manager Risk Management on Regular Basis Notice inviting application for Specialist Officers on Contractual Basis. Notification for Expression of Interest for Engagement of Concurrent Auditors (CA FIRM) Notification for Engagement of Retired Officers/Executives of our Bank for Concurrent Audit of S/M/L branches out of the list enclosed (Annexure - I) for the Audit period 01.10.2023 to 30.09.2024 Taxpayers paying ADVANCE TAX payment through NEFT/RTGS/Over the Bank Counter(OTC) mode are required to generate Mandate/Challan form using E-pay tax facility on e-Filing portal of the Income-tax Department Appointment of Financial literacy counsellors on contract basis for Birbhum District, West Bengal under Siliguri Zone Advertisement for recruitment of Financial Literacy Counselor on contractual basis at LDM Office, Banka under Bhagalpur Zone Release of waitlist candidates selected for the post of Security Officer in UCO Bank on the basis of interview held on 09.01.2023 & 10.01.2023 are as under. NOTICE INVITING APPLICATION FOR THE POST OF CHIEF RISK OFFICER
Detailed Advertisement
Application Form Recruitment Project-2023 for the post of Consultant on Information Technology.
Detailed Advertisement
Application Form Corrigendum: Recruitment Project -2023 for the post of Consultant on Information Technology.

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PART B - UCO Veer-Shakti - OVERDRAFT FACILITY

PART B - UCO Veer-Shakti - OVERDRAFT FACILITY

SERVING AND RETIRED EMPLOYEES OF INDIAN ARMED FORCES & PARA MILITARY FORCES
SN Services Features of 'Overdraft Facility'
1. Nature of Facility Overdraft Facility for Indian Armed Forces and Para Military Forces
 
  • Against salary for serving employees and
  • Against pension of ex-servicemen / retired employees.
2. Purpose
  • Overdraft facility in case of unforeseen financial requirements.
3. Eligibility and Quantum of Overdraft FOR CONFIRMED SERVING EMPLOYEES AND RETIRED EMPLOYEES
(Cadre - Serving Non-Officers, Serving Officers, Pensioners Non- Officers , Pensioners Officers)
 
  • Minimum Rs. 10000/- and Maximum 1 month Net Take Home Salary or Rs. 1 lac whichever is lower.
  • Grant of overdraft limit against salary drawn in the preceding month.
  • Grant of OD limit after 3 months of satisfactory operation of the account.
4. Rate of Interest
  • Banks Base Rate plus 2%, subject to revision to be made from time to time at Banks sole discretion.
5. Processing Charges
  • NIL
6. Adjustment of Overdraft Facility FOR CONFIRMED SERVING EMPLOYEES
(UVS - Non-Officers and UVS - Officers)
 
  • OD adjustment before remaining 6 months of service with the employer or till maintaining account with bank, whichever is earlier.

 FOR EX-SERVICEMEN / RETIRED EMPLOYEES
(UVS - Pensioner Non-Officers and UVS - Pensioners Officers)
 
  • OD adjustment within 6 months of disbursement.
7. Security
  • Clean and unsecured loan against salary / pension of serving and retired personnel. 
8. Delegated Power
  • Branch Head (irrespective of Scale) will sanction the 'Overdraft Facility'.
9. Transfer of UVS Account to other UCO Bank Branches
  • There is no restriction in transfer of UVS Accounts from one branch of UCO Bank to other branches of UCO Bank, subject to the condition that the salary/pension of the concerned customer is credited to that particular Branch in case of outstanding 'Overdraft' balance.
10. Transfer of UVS Account to other Banks
  • 'UCO Veer-Shakti Salary Account' cannot be transferred/shifted to other Banks without full repayment of Bank's dues and 'No Objection Certificate' from the dealing branch.
11. Documentation
  • DP Note (A-1)
  • Letter of Waiver (A- 47)
  • Letter of Continuity (A- 3)
  • Letter of Guarantee (A-21A)
  • Application letter as per prescribed form

(Annexure II for Serving Employee and Annexure III for Ex-Servicemen /Retired Employee)
12. Account Operations:
  • For proper identification, the Bank branches should put a Rubber Stamp on Cover page of Savings Bank Pass Book as 'UCO VEER-SHAKTI ACCOUNT-SCHEME' before issuing it to the serving and retired employees of Indian Armed Forces and Para Military Forces.

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