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UCO Bank

UCO Doctor Scheme (Revised)

Bank UCO Bank
Scheme UCO Doctor Scheme (Revised)
Description Term Loan / Cash Credit

· To finance for purchase of various Medical equipment Finance can also be allowed for purchase, construction, addition, alteration, renovation, furnishing of Clinics/Nursing Home/Medical Centers.

· Financing towards Working Capital to meet day to day requirement.


Eligibility ·  Individuals, Proprietorship/Partnership firms, Pvt. Ltd. Cos. engaged in providing medical/pathological/ diagnostic services to the society. Veterinary Doctors/ practitioners are not eligible

·  The doctor/s practicing for a minimum period of three years.

·  In case of medical unit, the same must be in existence for a minimum period of three years and earning profit.


Rate of Interest & Repayment a) Total Funded Based Exposure upto Rs. 25 Lacs: UCO Float Rate+ 1.55% ( UCO Float Rate as applicable from time to time)
b) Total Funded Based Exposure more than Rs. 25 Lacs and upto Rs. 1 Crore: UCO Float Rate+ 2.55% ( UCO Float Rate as applicable from time to time)
c) Total Funded Exposure more than Rs. 1 Crore: Based on Internal Rating
Collateral Loans upto Rs. 2.00 crore : No Collateral & Third Party Guarantee.

  • To be compulsory covered under Credit Guarantee Scheme of CGTMSE.
  • CGTMSE fees to be borne by the borrower.


Composite /loan Limit ·        Minimum Rs. 1.00 lakh and Maximum Rs 300.00 lacs(Based on eligibility) amount.
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