UCO Bank MSME Loan
About This Loan
UCO Bank offers a comprehensive range of MSME loan products including the UCO Shoppe loan for retail businesses, UCO Enterprise loan for manufacturing, and MUDRA loans for micro enterprises. Competitive rates with CGTMSE cover for collateral-free lending.
Maximum Amount
₹25,00,000
Interest Rate
10% – 13% p.a.
Tenure
Up to 7 years
Collateral
CGTMSE cover available; nil for MUDRA loans
Processing Fee
0.50% of loan amount
Eligibility
Registered MSME with Udyam; viable project or working capital need; satisfactory banking history.
Application Process
- 1Visit UCO Bank branch or apply online
- 2Submit application with documents
- 3Bank evaluates within 14-21 days
- 4Loan sanctioned and disbursed
Documents Required
- Loan application form
- KYC documents
- Udyam Registration certificate
- Project Report or business plan
- Financial statements (existing units)
- Bank statements (6-12 months)
Official Links
Related Government Schemes
Disclaimer
This information is sourced from publicly available bank and financial institution websites. EduMetrics is not a financial advisor or lending institution and does not guarantee the accuracy of interest rates, eligibility criteria, or loan terms. Please verify all details with the respective bank before applying.