UCO Bank Education Loan

UCO Bank provides a fast and easy loan experience. Apply online, use their EMI calculator, and enjoy a 9% rate with minimal paperwork.

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Documents that are needed for applying education loan in UCO Bank are as follows: These documents provide the bank with complete information about the client and his/ her ability to repay the loan amount as per the loan application. The following table lists down the documents required for each segment of the loan application such as the application form, identification of the applicant and co-applicant financial proofs, academic documents, income proof documents, and other documents that may be asked for as and when needed. Also, depending on the type of the secured loan it may be required to have state-specific collateral documents. Sections Documents required UCO bank education loan application form It will be provided by Subraxo Financial Officer. Fill it with your signature and 2 photographs Documents for applicant Proof of Identity and Aadhar card PAN card Passport if going abroad Proof of residence Aadhar card PAN card Voter ID card Utility bills(Electricity bill, Telephone bill) Ration card Bank account statement Documents for co-applicant For salaried last six months' bank account statement For self-employed 1-year business transactions Statement of personal Asset and liability Applicant’s Academic documents Education mark sheets(10th,12th, Degree) Letter of Admission with detailed course duration Structure of fees(If going to the US, present I20) GRE/GMAT/IELTS Scorecard Ranking of the university you are going Income proof documents Accept in a letter that the extra expense or the leftover expenses will be taken care of by the co-

The UCO provides students with the option of repaying interest during the moratorium period. If the students pay interest in the moratorium period, they will also have a concession of a 1% interest rate in the UCO skill loan. If not, the interest of the moratorium period will add up in the following EMIs. UCO bank also gives you the option of closing off your loan early in the following ways. Choosing a shorter duration to repay the amount Prepayment Loan transfer to another bank Choose Subraxo for a smoother education loan process to study in India or Abroad! Choose Subraxo

Apply for a fast-processing education loan for UCO bank through Subraxo by following the below steps. Contact the Subraxo team by requesting a callback. The financial officer from Subraxo will reach out to you and ask you a few questions to understand your loan requirement and check eligibility. Once done with eligibility, he/she will then connect you to the suitable public or private lenders and will also send you a document uploading link to upload your documents. The next process will be carried on by your financial officer until your loan is sanctioned. However, your financial officer will stay in touch with you throughout your process and will clear all your doubts. The Lender will get your loan sanctioned in the time promised by your financial officer.