UCO Bank, formerly United Commercial Bank, established in 1943 in Kolkata, is a major government-owned commercial bank of India.Its Board of Directors consists of government representatives from the Government of India and Reserve Bank of India.

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About UCO Bank

During FY 2013-14, its total business was ₹ 4.55 lakh crore. Based on 2014 data, it is ranked 1860 on Forbes Global 2000 List. UCO Bank was ranked 294th among India's most trusted brands according to the Brand Trust Report 2014, a study conducted by Trust Research Advisory. It was a rise of 796 ranks considering it was listed at the 1090th position among India's most trusted brands in the Brand trust Report 2013.As of 30 March 2017 the bank had 4,000 plus service units 49 zonal offices spread all over India. It also has two overseas branches in Singapore and Hong Kong. UCO Bank's headquarters is on BTM Sarani, Kolkata.

Vision of the Bank

To emerge as the most trusted, admired and sought-after world class financial institution and to be the most preferred destination for every customer and investor and a place of pride for its employees.

Mission of the Bank

To be a Top-class Bank to achieve sustained growth of business and profitability, fulfilling socio-economic obligations, excellence in customer service; through upgradation of skills of staff and their effective participation making use of state-of-the-art technology.


Bank is having branches in India in the following States/UTs :

  • Andaman And Nicobar Island
  • Andhra Pradesh
  • Arunachal Pradesh
  • Assam
  • Bihar
  • Chandigarh
  • Chhattisgarh
  • Dadra And Nagar Haveli
  • Daman And Diu
  • Delhi
  • Kerala
  • Madhya Pradesh
  • Maharashtra
  • Manipur
  • Meghalaya
  • Mizoram
  • Nagaland
  • Odisha
  • Puducherry
  • Punjab
  • Rajasthan
  • Sikkim
  • Tamil Nadu
  • Telangana
  • Goa
  • Gujarat
  • Haryana
  • Himachal Pradesh
  • Jammu And Kashmir
  • Jharkhand
  • Karnataka
  • Uttar Pradesh
  • Uttarakhand
  • West Bengal
  • Tripura


Services provided by UCO Bank are as follows :

1.Foreign Currency Loans

The foreign currency denominated loans in India are generated out of the pool of foreign currency funds of the Bank held in FCNR (B) Deposits etc. accounts as permitted by Reserve Bank of India. These Loans are commonly known as FCNR (B) Loans.UCO Bank has a broad base of NRI customers/ depositors. Therefore, with the resource base of FCNR (B) deposits etc. UCO Bank is in a position to offer the Foreign Currency Loans in India to our customers as an alternative to loans in Rupees.These loans are denominated in foreign currency such as US Dollars and are offered as short term loans.

2.Finance/Services to Exporters

UCO launches Gold card for creditworthy exporters - Simplified access to export credit on very good terms.Better terms of credit including rates of interest than those extended to other exporters by the Bank.Processing of applications for credit faster than for other exporters. Simpler norms, subject to specific requirements in each case, if any. 'In-principle' limits for a period of 3 years with a provision for automatic renewal, subject to fulfillment of the terms and conditions of sanction.

3.Forex & Treasury Services

UCO operates in the Forex Market in India as well as abroad. In India the inter-bank forex operations is centralized at our Integrated Treasury Branch in Mumbai, country's undisputed financial hub. UCO's Authorised Forex Branches undertake customer transactions. The forex requirements of customers of other branches are also routed through these branches. Overseas branches undertake the forex treasury operations in Singapore and Hong Kong centre.


The initiatives taken by UCO Bank :

Best Payments Initiatives

UCO BANK has been awarded the runners-up under the category of “Best Payments Initiatives” amongst mid-sized banks for the year ended 2016, in the function held by Indian Banks’ Association (IBA) in Banking Technology Conference, Expo & Awards 2016 held on February 21, 2017 at Mumbai

The IBA Banking Technology Awards 2016 recognizes and rewards individuals, professionals and banks identifying themselves in the technology segment of Banking Industry – whose innovative ideas, initiative, risk leadership qualities, implementation of the various initiatives have kept their organizations ahead of their competitors by either:

  • Maintaining the competitive edge
  • Opening up new revenue streams or by
  • Changing the competitive landscape

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