Low interest rate home loan from UCO Bank

UCO bank is an Indian based bank in giving commercial banking services to individuals and corporate. The company gives various deposit products such as deposit schemes and loan product such as housing loan, education loan, personal loan, car loan, trade loan, cash rental loan and other loan schemes. It also gives international banking services adding foreign currency loans, finance/services to exporters, finance/services to importers, remittances, forex and treasury services, resident foreign currency (domestic) accounts, correspondent banking services and other general banking services. Bank home loan interest is very low as compare to other banks but documents needed are too much and very lengthy process. You can say that bank staff is good.

There are no processing fees on loan transfer but for valuation report they charge very high for title clearance. It seems to me staff of this bank takes commission in this process. Therefore it is high. Suppose the process of this bank becomes faster then it will be the best bank but fact is procedure is very slow. Interest rate of this bank is low rather than other, it is taking 8% but if compare this banks rate than Citibank then it is taking @12.5 percent.

At present scenario of competitive banking, excellence in customer service is the most important tool for sustained business growth. Customer complaints are part of the business life of any corporate entity. This is more so for banks are services organizations. As a service organization, customer service and customer satisfaction should be the prime concern of any bank. The bank believes that providing prompt and efficient services is essential not only to attract new customers, but also to retain existing ones & customer dissatisfaction would spoil banks name and image. This bank is serving to their customers since 1943, it has near about 2000 service units spread all over India. It handles in two major International Financial Centres named Hongkong and Singapore. More than fifty Centres in India undertake foreign exchange. It has four centres for foreign exchange dealing operations.

Government Bank in India

1. Allahabad Bank
2. Andhra Bank
3. Bank of Baroda
4. Bank of India
5. Bank of Maharashtra
6. Canara Bank
7. Central Bank of India
8. Corporation Bank
9. Dena Bank
10. Indian Bank
11. Indian Overseas Bank
12. Oriental Bank of Commerce
13. Punjab and Sind Bank
14. Punjab National Bank
15. Syndicate Bank
16. UCO Bank
17. Union Bank of India
18. United Bank of India
19. Vijaya Bank