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Annexure
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Interest Rate structure applicable to different products / categories of Loans and Advances Linked to UCO Float :
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w.e.f 01.10.2022
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UCO Float (5.90+2.90)%
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8.80%
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Particulars
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Credit Risk Premium
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Effective Rate( Considering UCO Float)
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Effective rate mentioned in this circular with reference to UCO Float prevailing on the date of circular.
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1
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Advances to Micro & Small Enterprises (MSE)
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a) Total Funded Exposure up to Rs.50,000 (Excluding UCO Bunkar Rin Yojana)
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0.55%
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9.35%
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b) Total Funded Exposure More than Rs 50,000 upto Rs 10 Lakh
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1.10%
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9.90%
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c) Total Funded Exposure more than to Rs.10 lacs and up to Rs.1.00 Cr
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1.55%
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10.35%
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d) Total Funded Exposure more than Rs.1.00 crore
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As per Credit rating as under:
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Internal Credit Rating
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UCO 1
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1.30%
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10.10%
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UCO 2
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1.55%
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10.35%
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UCO 3
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1.55%
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10.35%
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UCO 4
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2.05%
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10.85%
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Below UCO 4
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2.55%
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11.35%
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Note:
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(1) No internal rating is required upto Rs.1.00 crore.
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(2) CGTMSE Cover is mandatory for loans & advances upto Rs.2.00 crore.
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Advances to Medium Enterprises
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a) Total Funded Exposure up to Rs.50,000
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0.55%
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9.35%
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b) Total Funded Exposure More than Rs 50,000 upto Rs 10 Lakh
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1.10%
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9.90%
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c) Total Funded Exposure more than to Rs.10 lacs and up to Rs.1.00 Cr
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1.55%
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10.35%
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d) Total Funded Exposure more than 1 cr
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As per Credit rating as under:
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Internal Credit Rating
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UCO 1
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1.30%
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10.10%
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UCO 2
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1.55%
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10.35%
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UCO 3
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1.55%
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10.35%
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UCO 4
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2.05%
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10.85%
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Below UCO 4
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2.55%
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11.35%
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UCO Vyapar Smariddhi
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a) Total Funded Exposure up to Rs.50,000
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0.55%
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9.35%
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b) Total Funded Exposure More than Rs 50,000 upto Rs 10 Lakh
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1.10%
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9.90%
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c) Total Funded Exposure more than to Rs.10 lacs and up to Rs.1.00 Cr
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1.55%
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10.35%
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Mukhya Mantri Swalamban Yojana
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a) Total Funded Exposure up to Rs.50,000
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0.55%
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9.35%
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b) Total Funded Exposure More than Rs 50,000 upto Rs 10 Lakh
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1.10%
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9.90%
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b) Above Rs 10 lacs and upto Rs 40 lacs
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1.55%
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10.35%
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UCO Roop Sangam
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a) Total Funded Exposure up to Rs.50,000
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0.55%
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9.35%
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b) Total Funded Exposure More than Rs 50,000 upto Rs 10 Lakh
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1.10%
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9.90%
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PMEGP
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a) Total Funded Exposure up to Rs.50,000
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0.55%
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9.35%
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b) Total Funded Exposure More than Rs 50,000 upto Rs 10 Lakh
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1.10%
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9.90%
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b) Above Rs 10 lacs
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1.55%
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10.35%
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UCO BUNKAR RIN YOJANA
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For Rs 50,000
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0.15%
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8.95%
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Above Rs 50,000 & upto Rs 5.00 Lakh
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1.10%
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9.90%
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Prime Minister's Mudra Yojana (PMMY) including Two wheeler & E - Rickshaw Under MUDRA
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For Rs 50,000
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0.55%
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9.35%
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Above Rs 50,000 & upto Rs 10.00 Lakh
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1.10%
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9.90%
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UCO PM CREDIT SCHEME FOR POWERLOOM WEAVERS UNDER MUDRA(upto 10 Lakh)
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For Rs 50,000
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0.55%
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9.35%
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Above Rs 50,000 & upto Rs 10.00 Lakh
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1.10%
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9.90%
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UCO PM CREDIT SCHEME FOR POWERLOOM WEAVERS UNDER STANDUP INDIA
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Above 10 Lakh upto 1 Crore
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1.55%
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10.35%
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2
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UCO Estate Purchase loan Scheme
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Rate Of Interest applicable to “Advances to Micro and Small Enterprises(MSE) shall be applicable.
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3
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UCO Udyod bandhu Scheme
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Total Funded Exposure:-
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Credit Risk Premium
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Effective Rate( Considering UCO Float)
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a) Total Funded Exposure up to Rs.50,000
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0.55%
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9.35%
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b) Total Funded Exposure More than Rs 50,000 upto Rs 10 Lakh
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1.10%
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9.90%
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c) Total Funded Exposure more than to Rs.10 lacs and up to Rs.1.00 Cr
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1.55%
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10.35%
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d) Total Funded Exposure more than 1 cr
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As per Credit Rating as under:
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Internal Credit Rating
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spread over UCO FLOAT
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Effective rate
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General
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Women Entrepreneurs
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UCO 1
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1.30%
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10.10%
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9.60%
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UCO 2
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1.55%
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10.35%
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9.85%
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UCO 3
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1.55%
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10.35%
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9.85%
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UCO 4
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2.05%
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10.85%
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10.35%
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Below UCO 4
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2.55%
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11.35%
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10.85%
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* Please note that for women Entrepreneurs the applicable rate of interest is 0.50% less than effective rate of interest applicable to general category
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4
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UCO Mahila Utthan Scheme
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Credit Risk Premium
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Effective Rate( Considering UCO Float)
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For Rs 50,000
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0.55%
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9.35%
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Above Rs 50,000
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1.10%
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9.90%
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5
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Retail Trade Advances other than “UCO Trader Scheme”
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a) Total Funded Exposure up to Rs.50,000
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0.55%
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9.35%
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b) Total Funded Exposure More than Rs 50,000 upto Rs 10 Lakh
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1.10%
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9.90%
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c) Total Funded Exposure more than to Rs.10 lacs and up to Rs.1.00 Cr
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1.55%
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10.35%
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d) Total Funded Exposure more than 1 cr
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As per Credit rating as under:
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Internal Credit Rating
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UCO 1
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1.30%
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10.10%
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UCO 2
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1.55%
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10.35%
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UCO 3
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1.55%
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10.35%
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UCO 4
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2.05%
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10.85%
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Below UCO 4
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2.55%
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11.35%
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Note:
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(1) No Credit Rating is required for loans upto to Rs 100 Lacs
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(2) Minimum Credit Rating required for allowing such loans above Rs. 100 lacs to Rs 200 lacs would be UCO 4.
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6
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ARTISAN CREDIT CARD
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For Rs 50,000
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0.55%
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9.35%
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Above Rs 50,000
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1.10%
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9.90%
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7
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SWAROJGAR CREDIT CARD
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For Rs 50,000
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0.55%
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9.35%
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Above Rs 50,000
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1.10%
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9.90%
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8
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Advances under UCO General Credit Card Scheme (UGCC)
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For Rs 50,000
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0.55%
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9.35%
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Above Rs 50,000
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1.10%
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9.90%
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9
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UCO Commercial Vehicle Finance Scheme
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For Loans -
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Credit Risk Premium
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Effective Rate( Considering UCO Float)
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a) Total Funded Exposure up to Rs.50,000
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0.55%
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9.35%
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b) Total Funded Exposure More than Rs 50,000 upto Rs 10 Lakh
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1.10%
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9.90%
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c) Total Funded Exposure more than to Rs.10 lacs and up to Rs.1.00 Cr
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1.55%
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10.35%
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10
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ROI for Education Loans, UCO Doctor Scheme, Housing Loans and Retail Trade Advances has been given separately.
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A
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Education Loans:
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Upto Rs.7.50 lacs
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2.40%
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11.20%
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More than Rs.7.50 lacs
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2.80%
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11.60%
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Vocational Education Loan Scheme
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3.05%
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11.85%
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UCO Skill Loan Scheme
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1.90%
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10.70%
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Students satisfying DRI norms - Any Amount
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4.00%
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Students satisfying 60% handicapped criteria - Any Amount
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4.00%
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UCO premium Education Loan Scheme
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1.55%
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10.35%
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UCO Aspire 0.50% rebate can be allowed to Girl Student and children Of staff.
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2.40%
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11.20%
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CM B.Ed Annapurna Yojana
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2.40%
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11.20%
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UCO Super Premier Education Loan Scheme
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0.40%
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9.20%
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B
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UCO Trader Scheme:
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a) Total Funded Exposure up to Rs.50,000
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0.55%
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9.35%
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b) Total Funded Exposure More than Rs 50,000 upto Rs 10 Lakh
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1.10%
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9.90%
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c) Total Funded Exposure more than to Rs.10 lacs and up to Rs.1.00 Cr
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1.55%
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10.35%
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d) Total Funded Exposure more than 1 cr
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As per Credit rating as under:
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Internal Credit Rating
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UCO 1
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1.30%
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10.10%
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UCO 2
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1.55%
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10.35%
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UCO 3
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1.55%
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10.35%
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UCO 4
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2.05%
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10.85%
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Below UCO 4
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2.55%
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11.35%
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C
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UCO Doctor Scheme
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a) Total Funded Exposure up to Rs.50,000
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0.55%
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9.35%
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b) Total Funded Exposure More than Rs 50,000 upto Rs 10 Lakh
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1.10%
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9.90%
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c) Total Funded Exposure more than to Rs.10 lacs and up to Rs.1.00 Cr
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1.55%
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10.35%
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d) Total Funded Exposure more than 1 cr
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As per Credit rating as under:
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Internal Credit Rating
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UCO 1
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1.30%
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10.10%
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UCO 2
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1.55%
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10.35%
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UCO 3
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1.55%
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10.35%
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UCO 4
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2.05%
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10.85%
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Below UCO 4
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2.55%
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11.35%
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Note: CGTMSE Cover is compulsory for loans upto Rs.2.00 crore.
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D
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Retail and other Schemes
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(i)
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UCO Cash
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a) UCO Cash -for Central/ State Govt employee
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3.15%
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11.95%
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b) UCO Cash - Other than Govt. Employee
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3.40%
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12.20%
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(i)
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UCO Pensioner
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General Public
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3.55%
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12.35%
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UCO Bank Staff Pensioners
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2.55%
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11.35%
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(iii)
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UCO Securities
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2.60%
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11.40%
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(iv)
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UCO 2-Wheeler
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(a) General Category
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4.80%
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13.60%
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(b) Full Liquid Collateral
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3.80%
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12.60%
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(c) 50% Liquid Collateral
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4.30%
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13.10%
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(v)
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HOME LOAN
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For Home Loan (Borrowers with Cibil Score or Equivalent >750 and LTV< 80%)
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-0.40%
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8.40%
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For Home Loan (Borrowers with Cibil Score or Equivalent >750 and 80%<LTV≤90%)
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-0.40%
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8.50%
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For Home Loan (Borrowers with 700≤ Cibil ≤749 and LTV ≤80%)
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-0.40%
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8.60%
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For Home Loan (Borrowers with 700≤ Cibil ≤749 and 80%<LTV ≤90%)
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-0.40%
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8.70%
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For Home Loan (Borrowers with 650≤ Cibil ≤699 and LTV ≤80%)
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-0.40%
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8.95%
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For Home Loan (Borrowers with 650≤ Cibil ≤699 and 80%<LTV ≤90%)
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-0.40%
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9.05%
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For Home Loan (Borrowers with Cibil Score or Equivalent ≤649 and LTV< 80%)
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-0.40%
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9.30%
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For Home Loan (Borrowers with Cibil Score or Equivalent ≤649 and 80%<LTV≤90%)
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-0.40%
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9.40%
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PMAY-EWS
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For Home Loan (Borrowers with Cibil Score or Equivalent >750 and LTV< 80%)
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-0.40%
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8.40%
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For Home Loan (Borrowers with Cibil Score or Equivalent >750 and LTV >80% and upto 90%)
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-0.30%
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8.50%
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For Home Loan (Borrowers with Cibil Score or Equivalent < 750 and LTV upto 90%)
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-0.20%
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8.60%
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PMAY-MIG
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For Home Loan (Borrowers with Cibil Score or Equivalent >750 and LTV< 80%)
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-0.40%
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8.40%
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For Home Loan (Borrowers with Cibil Score or Equivalent >750 and LTV >80% and upto 90%)
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-0.30%
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8.50%
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For Home Loan (Borrowers with Cibil Score or Equivalent < 750 and LTV upto 90%)
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-0.20%
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8.60%
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NRI HOME LOAN
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For Home Loan (Borrowers with Cibil Score or Equivalent >750 and LTV< 80%)
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-0.40%
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8.40%
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For Home Loan (Borrowers with Cibil Score or Equivalent >750 and LTV >80% and upto 90%)
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-0.30%
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8.50%
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For Home Loan (Borrowers with Cibil Score or Equivalent < 750 and LTV upto 90%)
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-0.20%
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8.60%
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TAKEOVER HOME LOAN
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For Home Loan (Borrowers with Cibil Score or Equivalent >750 and LTV< 80%)
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-0.40%
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8.40%
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For Home Loan (Borrowers with Cibil Score or Equivalent >750 and LTV >80% and upto 90%)
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-0.30%
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8.50%
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For Home Loan (Borrowers with Cibil Score or Equivalent < 750 and LTV upto 90%)
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-0.20%
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8.60%
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INTEREST CAPITALISATION
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For Home Loan (Borrowers with Cibil Score or Equivalent >750 and LTV< 80%)
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-0.40%
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8.40%
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For Home Loan (Borrowers with Cibil Score or Equivalent >750 and LTV >80% and upto 90%)
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-0.30%
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8.50%
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For Home Loan (Borrowers with Cibil Score or Equivalent < 750 and LTV upto 90%)
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-0.20%
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8.60%
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UCO TOP UP HOME LOAN
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CIBIL ≥ 750
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1.00%
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9.80%
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700 ≤ CIBIL ≤ 749
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1.20%
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10.00%
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650≤CIBIL ≤ 699
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1.70%
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10.50%
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649 ≤ CIBIL
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2.20%
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11.00%
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UCO CORPORATE HOME LOAN -CORPORATES
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2.30%
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11.10%
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UCO CORPORATE HOME LOAN-OTHERS
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3.30%
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12.10%
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(vi)
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UCO Car - CIBIL SCORE(INDIVIDUALS)
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CIBIL ≥ 775
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0.00%
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8.80%
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750 ≤ CIBIL ≤774
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0.10%
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8.90%
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700 ≤ CIBIL ≤749
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0.25%
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9.05%
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650 ≤ CIBIL ≤699
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0.75%
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9.55%
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CIBIL ≤ 649
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1.25%
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10.05%
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UCO Car - CMR (BUSINESS CONCERN)
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CMR 1 to CMR 2
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0.00%
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8.80%
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CMR 3 to CMR 4
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0.25%
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9.05%
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CMR 5 to CMR 6
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0.75%
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9.55%
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Not Available
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1.25%
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10.05%
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For purchase of Pre-used Car -Purchased from Certified Car Dealer
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1.90%
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10.70%
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For purchase of Pre-used Car - all Others
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2.40%
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11.20%
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UCO Car Loan Combo Scheme
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Combo Car Loans will have 0.25% concession on the applicable rate of interest based on CIBIL Score. However the effective rate of interest cannot go below UCO Float Rate
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(vii)
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UCO Gold Loan Scheme (Priority Sector & Non Priorty Sector)
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Margin Offered
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Credit Risk Premium
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Effective Rate( Considering UCO Float)
|
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25%
|
-0.10%
|
8.70%
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30%
|
-0.20%
|
8.60%
|
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40%
|
-0.50%
|
8.30%
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(viii)
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Other Schemes
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(i) UCO Swabhiman
|
3.05%
|
11.85%
|
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(ii) UCO Rent
|
|
(a) Owner of our Bank's Branch
|
1.55%
|
10.35%
|
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(a) To Owner of our Bank’s Branch Premises or where tenant is PSUs, Reputed Corporates, FI, Insurance Companies and MNCs
|
1.70%
|
10.50%
|
|
(b) For others - repyamenrt upto 36 Months
|
2.40%
|
11.20%
|
|
(c) For others - repyamenrt above 36 Months
|
2.65%
|
11.45%
|
|
(d) Commercial Real Estate
|
2.90%
|
11.70%
|
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(iii) UCO Earnest Money
|
1.70%
|
10.50%
|
|
(iv) Commercial Real Estate
|
Separately given below
|
|
(v) UCO Real Estate
|
6.45%
|
15.25%
|
|
(vi) UCO Shopper-salary Tie up/ 100% Liquid security
|
1.55%
|
10.35%
|
|
UCO Shopper- other cases
|
2.55%
|
11.35%
|
|
(vii) UCO Property- CIBIL SCORE
|
|
|
|
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≥ 750
|
1.70%
|
10.50%
|
|
|
700 ≤ CIBIL ≤ 749
|
2.20%
|
11.00%
|
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E
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<700
|
2.70%
|
11.50%
|
|
(viii) UCO CA
|
2.55%
|
11.35%
|
|
Agriculture Schemes effective from 30.03.2022 (Ref Circular CHO/ARBD/37/2021-22 DT 30.03.2022)
|
|
i) Scheme for financing to Rice Shellers
|
|
a) Total Funded Exposure up to Rs.50,000
|
0.55%
|
9.35%
|
|
b) Total Funded Exposure More than Rs 50,000 upto Rs 10 Lakh
|
1.10%
|
9.90%
|
|
c) Total Funded Exposure more than to Rs.10 lacs and up to Rs.1.00 Cr
|
1.55%
|
10.35%
|
|
d) Total Funded Exposure more than 1 cr
|
As per Credit rating as under:
|
|
Internal Credit Rating
|
|
UCO 1
|
1.30%
|
10.10%
|
|
UCO 2
|
1.55%
|
10.35%
|
|
UCO 3
|
1.55%
|
10.35%
|
|
UCO 4
|
2.05%
|
10.85%
|
|
Below UCO 4
|
2.55%
|
11.35%
|
|
ii) UCO Agro and Food Processing Units
|
|
a) Total Funded Exposure up to Rs.50,000
|
0.55%
|
9.35%
|
|
b) Total Funded Exposure More than Rs 50,000 upto Rs 10 Lakh
|
1.10%
|
9.90%
|
|
c) Total Funded Exposure more than to Rs.10 lacs and up to Rs.1.00 Cr
|
1.55%
|
10.35%
|
|
d) Total Funded Exposure more than 1 cr
|
As per Credit rating as under:
|
|
Internal Credit Rating
|
|
UCO 1
|
1.30%
|
10.10%
|
|
UCO 2
|
1.55%
|
10.35%
|
|
UCO 3
|
1.55%
|
10.35%
|
|
UCO 4
|
2.05%
|
10.85%
|
|
Below UCO 4
|
2.55%
|
11.35%
|
|
iiI) Agriculture Advance for Construction of Post Harvest Infrastructure Storage such as Cold Storage/Warehouse etc.
|
|
a) Total Funded Exposure up to Rs.50,000
|
0.55%
|
9.35%
|
|
b) Total Funded Exposure More than Rs 50,000 upto Rs 10 Lakh
|
1.10%
|
9.90%
|
|
c) Total Funded Exposure more than to Rs.10 lacs and up to Rs.1.00 Cr
|
1.55%
|
10.35%
|
|
d) Total Funded Exposure more than 1 cr
|
As per Credit rating as under:
|
|
Internal Credit Rating
|
|
UCO 1
|
1.30%
|
10.10%
|
|
UCO 2
|
1.55%
|
10.35%
|
|
UCO 3
|
1.55%
|
10.35%
|
|
|
UCO 4
|
2.05%
|
10.85%
|
|
Below UCO 4
|
2.55%
|
11.35%
|
|
1)The Loans under Retail, MSME, Specific Agriculture Schemes (Scheme for financing to Rice Shellers, UCO Agro and Food Processing Units and Agriculture Advance for Construction of Post Harvest Infrastructure Storage such as Cold Storage/Warehouse etc.) would only be inked to Repo linked UCO FLOAT Rate.
2) Interest Rate for NBFC and CRE will be guided by MCLR circular.
|
| Note |