UCO BANK IFSC Code

UCO Bank is one of India's prominent public sector banks with a rich history spanning over 81 years. Originally established as United Commercial Bank in 1943 in Kolkata, the bank was founded by G.D. Birla, one of India's leading industrialists. Today, UCO Bank operates through over 3,000 branches across India, serving millions of customers with dedication.

Historical Background

UCO Bank was founded on January 6, 1943, as United Commercial Bank by Ghanshyam Das Birla with the aim of serving the commercial and industrial sectors of Eastern India. The bank started operations in Kolkata and quickly established itself as a trusted financial institution. The name was changed to UCO Bank in 1985.

The bank was nationalized in 1969 as part of the Indian government's initiative to democratize banking. Since nationalization, UCO Bank has expanded its network across India and diversified its services to cater to various customer segments.

Banking Products and Services

UCO Bank offers a comprehensive range of banking products for individuals and businesses. Personal banking services include various savings accounts, fixed deposits, recurring deposits, and special schemes for senior citizens, women, and students. The bank's UCO Mitra savings account offers attractive features for regular customers.

Loan products include home loans, car loans, personal loans, education loans, and gold loans. UCO Bank offers competitive interest rates and customer-friendly terms. The bank also provides agricultural loans and supports farmers through various credit facilities.

UCO mBanking and Digital Services

UCO Bank's digital banking is powered by the 'UCO mBanking' app, which offers comprehensive banking services including account management, fund transfers, bill payments, and UPI transactions. The app provides customers with convenient access to banking services anytime, anywhere.

The bank's internet banking platform provides secure access to banking services for retail and corporate customers. UCO Bank has invested in upgrading its digital infrastructure to meet the evolving needs of customers.

Agricultural and Rural Banking

UCO Bank has a strong focus on agricultural lending and rural development. The bank provides crop loans, farm mechanization loans, and loans for allied agricultural activities. UCO Bank's Kisan Credit Card scheme provides farmers with timely credit for their agricultural needs.

MSME and Business Banking

UCO Bank supports the MSME sector with various loan products including working capital loans, term loans, and credit under government schemes like Mudra. The bank has dedicated MSME branches to provide specialized services to business customers.

Corporate Banking

Corporate banking services include project finance, working capital finance, trade finance, and treasury services. UCO Bank supports industrial development and infrastructure projects through its corporate banking division.

International Operations

UCO Bank has an international presence with branches in Singapore, Hong Kong, and representative offices in other countries. The bank provides remittance services and supports trade finance for businesses engaged in international commerce.

Financial Inclusion

UCO Bank actively participates in financial inclusion initiatives and implements government welfare schemes. The bank has opened millions of Jan Dhan accounts and extends banking services to rural and underserved areas through its branch network and Business Correspondents.

Awards and Recognition

UCO Bank has received recognition for its banking services, digital initiatives, and contribution to financial inclusion. The bank continues to serve its customers with commitment and excellence.