Top 3 UCO Bank Credit Cards
Name |
Suited For |
Credit Limit |
| UCO Bank Swarojgar Credit Card | For all micro-entrepreneurs | Rs.25,000 |
| UCO Bank Laghu Udyami Credit Card | All Smaller Business sectors | Rs.10 Lakh |
| UCO Bank Artisans Credit Card | Production and Manufacturing | Rs. 2 Lakh |
UCO Bank Credit Cards Categories
UCO Bank provides credit cards to individuals from the small business sectors. The bank provides a loan amount through credit cards to all micro.-entrepreneurs
There are three types of credit cards which are provided by UCO Bank:
- UCO Bank Swarojgar Credit Card
- UCO Bank Laghu Udyami Credit Card
- UCO Bank Artisans Credit Card
Why Choose UCO Bank Credit Cards?
UCO Bank provides three credit card options, each specially tailored to suit its unique needs. UCO Bank credit cards come with a slew of perks that will help you get instant funding for your business. UCO Bank cards are now available to a diverse group of clients, ranging from farmers to metropolitan borrowers. UCO credit loans have fewer requirements for paperwork and stability.
Types of Credit Cards offered by UCO Bank
| Card Variant | Joining Fee |
| UCO Bank SBI Card Elite | Rs.4,999 |
| UCO Bank SBI Card Prime | Rs.2,999 |
| UCO Bank SimplySave SBI Card | Rs.499 |
UCO Bank Credit Cards Fees and Charges
|
Charge |
UCO Bank SBI Card Elite |
UCO Bank SBI Card Prime |
UCO Bank SimplySave SBI Card |
|
Entry fee |
Rs.4,999 |
Rs.2,999 |
Rs.499 |
|
Annual Fee |
Rs.4,999 |
Rs.2,999 |
Rs.499 |
|
Renewal fee |
Rs.4,999 |
Rs.2,999 |
Rs.499 |
|
Add on cards |
NIL |
NIL |
NIL |
UCO Bank Credit Cards Rewards Programme
UCO Bank SBI Card Elite is a credit card rewards program offered by UCO Bank.
- Earn 2 Reward Points for every Rs 100 spent on all else but petrol.
- Spending on department stores, dining, and groceries earns you 5X Reward Points.
- Reward Points can be used to pay off the credit card balance.
- Re.1 = 4 Reward Points
SBI Card Prime from UCO Bank
- For every Rs 100 spent on BigBasket, you will get 15 reward points.
- For every Rs 100 spent on birthdays and utility bill payments, you’ll get 20 Reward Points.
- For all other purchases, you’ll get 2 Reward Points for every Rs 100 spent.
- For every Rs 100 spent on department stores, dining, groceries, and movies, you will get 10 reward points.
- Re.1 = 4 Reward Points
SimplySave SBI Card from UCO Bank
- Earn 1 Reward Point for every Rs.100 earned on all other purchases.
- For every Rs.100 spent on dining, movies, department stores, and groceries, you’ll get 10 Reward Points.
- Re.1 = 4 Reward Points
How to Check UCO Bank Credit Cards Status?
Following your credit card application, you can receive an SMS from the bank confirming your credit card application and including the reference number and application number.
UCO Bank Credit Card Customer Care
The following numbers can be used to contact UCO Bank credit card customer service 24 hours a day, 7 days a week. In India, you can dial the toll-free number 1800 425 1444 from your cell phone or landline. You can also send an email to UCO Bank with your credit card-related questions. For further assistance, you may be required to enter your name and contact information.
UCO Bank Credit Cards Eligibility Criteria
The eligibility criteria required for UCO Bank Credit Cards are given below.
Credit Card Name |
Eligibility Criteria |
| UCO Bank Swarojgar Credit Card |
|
| UCO Bank Laghu Udyami Credit card |
|
| UCO Bank Artisans Credit Card |
|
UCO Bank Credit Cards Documents Required
Identity Proof |
Address Proof |
Income Proof |
|
|
|
How to Apply For UCO Bank Credit Cards
You can easily apply for UCO Bank Credit Cards through Dialabank. Visit the Dialabank website and follow the steps mentioned below.
- First, Visit Dialabank
- Fill the application form. Fill in all the required details correctly.
- Select your preferred Tamilnad Mercantile Bank Credit Card.
- Check your eligibility and if you are eligible then you can complete the online application process.
Detailed Features and Benefits
UCO Bank Swarojgar Credit Card Features and Benefits:
- It provides term loans or cash credit to micro-entrepreneurs.
- The tenure is up to 5 years.
- The Credit limit is Rs. 25,000.
- The interest rate is 8.75%.
- The loan can be taken out using either a term loan or a working capital loan or a combination of both.
- Security or margin will depend on the customer’s profile.
Apply For UCO Bank Swarojgar Credit Card
UCO Bank Laghu Udyami Credit card:
- The interest rate will be 8.75%.
- 10% of the credit margin is applicable.
- Loan Up to Rs.10 lakh is available.
- The maximum tenure on the loan is 3 years.
Apply For UCO Bank Laghu Udyami Credit Card
UCO Bank Artisans Credit Card:
- You can take a loan up to Rs.2 Lakhs.
- The Interest rate is 8.75%.
- There are no margins set for loans up to Rs. 50,000
- Loans above Rs.50,000 will get a margin of 15%.
Apply for UCO Bank Artisans Credit Card
FAQs for UCO Bank Credit Cards
✅ What is the procedure for applying for UCO Credit Cards?
To begin the application process, simply go to the nearest UCO Bank branch and choose the desired credit card. To apply for UCO Bank Credit Cards, fill out the application form and attach the necessary documentation.
✅ What should I put up as collateral for a UCO Bank credit card loan?
Hypothecation of machinery, receivables, stock in exchange, and office equipment for current limits are needed as primary protection. A limited number of UCO Credit Cards loans do not need collateral. However, if capital protection is needed, current shares will be retained.
✅ What exactly is CGTMSE, and how can it help UCO Bank credit cardholders?
The Government of India established the CGTMSE facility to improve credit flow and supply to the MSME market. It would make it possible for small and micro-enterprises to obtain bank credit without the need for a third-party guarantee or collateral. The CGTMSE scheme covers the accounts of select UCO Bank credit cards, allowing consumers to obtain credit without having to have any security.
✅ What are the income conditions for obtaining a credit card from UCO Bank?
At the time of submission, the income conditions will be discussed.
✅ How soon will I get a credit card from UCO Bank?
The application procedure varies depending on the type of card you’re applying for. The amount of time it takes to process an application varies from case to case.
✅ What is the procedure for cancelling my UCO Bank credit card online?
You must take the following measures to block or cancel your credit card online:
- Enter your Login Id and Password to access your net banking account.
- Select credit cards and then add credit card icons to your hotlist.
- To cancel a credit card, click on the figure.
- You can cancel the credit card by selecting a cancellation reason.
✅ What is the procedure for filing a lawsuit against UCO Bank Credit Card?
Customer service for UCO Bank credit cards is available 24 hours a day, 7 days a week in all Indian cities. You can contact them by calling their toll-free number or sending an email to their customer service email address.
News
UCO Bank surges 1.95 per cent, extending its winning streak to five sessions.
As of 12:49 IST on the NSE, UCO Bank is trading at Rs 13.05, up 1.95 per cent on the day. In the last year, the stock has increased by 16 per cent, compared to a 68.38 per cent increase in the NIFTY and a 103.26 per cent increase in the Nifty PSU Bank.
UCO Bank Receives Shareholder Approval For Government Preference Issue, Offsetting Accumulated Losses
UCO Bank, a state-owned bank, announced on Friday that its shareholders have approved the issuance of preferential shares to the government in exchange for a capital infusion of Rs 2,600 crore. The bank’s cumulative losses will be offset by the balance in the share premium account by March 2020, according to the shareholders.
UCO Bank stays supported
Today, UCO Bank is up for the third time in a row. As of 12:49 IST on the NSE, the stock was trading at Rs 12.75, up 8.97 per cent on the day. The benchmark NIFTY is currently trading at 14754.5, down 0.65 per cent on the day. The Sensex is currently trading at 48804.34, down 0.73 per cent. In the last month, UCO Bank has gained approximately 10.87 per cent.
