Who can avail UCO Two Wheeler Loan?
How much margin money needs to be paid to avail UCO Two Wheeler Loan?
A margin money of 10% of the total On-Road price of the two wheeler is necessary to be paid in order to avail the loan.
Is there any concession on the interest rate offered to the customers?
Yes, UCO bank offers 1% concession in interest rate where full liquid collateral security is provided. An0.50% concession in interest rate will be offered to customers who have offered 50% liquid collateral security.