UCO BANK

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Founded in 1943, UCO Bank is a commercial bank and a Government of India Undertaking. Its Board of Directors consists of government representatives from the Government of India and Reserve Bank of India as well as eminent professionals like accountants, management experts, economists, businessmen, etc Shri Arun Kaul (Chairman & Managing Director) Shri N. R. Badrinarayanan(Executive Director) Shri S.Chandrasekharan(Executive Director)







The United Commercial Bank Ltd. was born with its Registered and Head Office at Kolkata. The Bank was nationalized by the Government of India on the 19th July 1969 whereupon 100 per cent ownership was taken over by the government in UNITED COMMERCIAL BANK. The name of the Bank changed to UCO BANK by an Act of Parliament in the year 1985..

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UCO is in the Service of Community since 1943. It has nearly 2000 Service Units spread all over India. They also operate in two Major International Financial Centres namely Hongkong and Singapore. They have their Correspondents/Agency arrangements all over the world. They undertake Foreign Exchange Business in more than 50 Centres in India. They have Foreign Exchange Dealing Operations at 4 Centres.





Global banking has changed rapidly and UCO Bank has worked hard to adapt to these changes. The bank looks forward to the future with excitement and a commitment to bring greater benefits to you. UCO Bank, with years of dedicated service to the Nation through active financial participation in all segments of the economy - Agriculture, Industry, Trade & Commerce, Service Sector, Infrastructure Sector etc., is keeping pace with the changing environment. With a countrywide network of more than 2000 service units which includes specialised and computerised branches in India and overseas, UCO Bank has marched into the 21st Century matched with dynamism and growth!





Headquartered in Kolkata, the Bank has 35 Regional Offices spread all over India. Branches located in a geographical area report to the Regional Office having jurisdiction over that area. These Regional Offices are headed by Senior Executives ranging upto the rank of General Manager, depending on size of business and importance of location. The Regional Offices report to General Managers functioning at Head Office in Kolkata.





Vision: 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: 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.

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Country-wide presence Overseas Presence with Profitable Overseas Operations Strong Capital Base High Proportion of Long Term Liabilities A Well Diversified Asset Portfolio A Large and Diversified Client Base Fully Computerised Branches at Major Centres Branch representation in Top 100 Centres (as per deposits) in the country









In all their promotional activities, they will be fair and reasonable in highlighting the salient features of the schemes marketed by them. Misleading or unfair highlighting of any aspect of any scheme/service marketed by the Bank leading to unfair practice shall not be resorted to by the Bank. In commemorating the 50th Year of Independence of India, the Bank released a booklet entitled " Our Commitment to Customers " incorporating the Citizen's Charter on services provided by the Bank. In their continuing endeavour to serve our customers better, they have considerably extended the business hours for public transaction at the branches on all week-days. They have also introduced a number of NO HOLIDAY branches. These branches are open all 365 days a year. Besides, several of their branches have Express DD Counter from where Demand Drafts can be purchased without any waiting time.





UCOBANK has international presence for over 50 years now. UCO presently has four overseas branches in two important international financial centres in Singapore and Hong Kong and representative office at Kuala Lumpur, Malaysia and Guangzhou, China.

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1. NRI Banking 2. Foreign Currency Loans 3. Finance/Services to Exporters 4. Finance/Services to Importers 5. Remittances 6. Forex & Treasury Services 7. Resident Foreign Currency (Domestic) Deposits 8. Correspondent Banking Services 9. All General Banking Services

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No-frills Savings Bank Account Money Back Recurring Deposits Friend-in-Need Scheme Two-way Deposit Scheme Kuber Yojana Flexible Fixed Deposit Scheme Special Deposit Scheme for Senior Citizens Current Account in Foreign Currency at our Indian Branches Fixed Deposits in Foreign Currency at our Overseas Branches Revised Minimum Balance Schedule UCO Tax Saver deposit Scheme – 2006 Uco Premium Plus Account Opening Forms Features of Deceased Claims Settlement Process related to Deposit Accounts UCO Sunshine Recurring Deposit Scheme UCO Sowbhagya RD Scheme UCO Dhan-Varsha Fixed Deposit Scheme UCO DOUBLE Fixed Deposit Scheme UCO 999 Fixed Deposit Scheme UCO222 Fixed Deposit scheme

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UCO Home UCO Car UCO Trader UCO Education Loan UCO Cash UCO Rent UCO Mortgage UCO Securities UCO Real Estate UCO Pensioner UCO Two Wheeler UCO Emd Loan UCO Swabhiman – Reverse Mortgage Loan Scheme for Senior Citizen Interest Subsidy Scheme for Housing the Urban Poor (ISHUP) UCO Education Loan Scheme for Vocational Education and Training UCO Gold





A self-help group (SHG) is a village-based financial intermediary usually composed of 10–20 local women. Most self-help groups are located in India, though SHGs can also be found in other countries, especially in South Asia and Southeast Asia. Members make small regular savings contributions over a few months until there is enough capital in the group to begin lending. Funds may then be lent back to the members or to others in the village for any purpose. In India, many SHGs are 'linked' to banks for the delivery of microcredit.





In order to change the face of the socioeconomic scenario, micro enterprises and SHGs are playing significant role in the selfemployment by raising the level of income and standard of living rural people. In this framework, one of the most vital aspects of rural self employment is the formation of SHGs which is a valuable investment in human capital through training and capacity building measures.From dairy to mechanised farming, weaving, poultry, food processing units, mushroom cultivation; Rural India has been busy setting up micro-enterprises by forming SHGs.





Are u willing to go anywhere in India? Yes, I am willing to go anywhere in India as per the requirements of the bank. Should your Bank serve in Rural Areas? Yes, the bank should also serve the rural areas. The overall population in the rural areas in India is around 70% of the total population and the requirement of the banking services is very high in these areas. As, the well known private banks mostly are focusing on highly developed urban and neglecting the rural areas ,it becomes a duty for the public sector banks to cater to the people in the rural areas.



Why should the bank hire you? As I am a student pursuing a Post graduate diploma in management, which is primarily focused on banking, I am equipped with both managerial skills and the knowledge of Banking. And my summer internship project is also from a bank. This gave me an exposure to the working conditions in a banking environment. Also, I would like to not only focus on the daily operations of the bank but I am also interested in developing new schemes and promotion activities for the bank products. So, I feel I have a better edge over others for the entry in to the bank.





Education: For many consumers, personal finance is a difficult, confusing topic. To position your bank as an expert and to help potential customers understand their banking options, hold a series of educational seminars. Online Services: Because consumers are conducting more and more business online, your bank can gain more customers by making it easy to choose and use your services on the Internet. Invest in a series of banner advertisements to reach out to customers, and place them on websites that are visited by your target audience. Tailor each advertisement to the readership of the site.





Transparency: Hidden fees can be an unpleasant surprise for customers, particularly when it makes a significant difference in the total end cost of a banking product. By being transparent in your advertising, you can create trust in your target audience; mention any fees immediately so that it is easier for consumers to compare account types. Innovation: Attract more customers to your bank by creating innovative options. Offer accounts that allow the customers to receive interest in a unique form, such as online gift certificates, music download credits or donations to charities. Make it easy for travelers to access no-fee ATMs abroad. Poll your customers to find out what would make their lives easier and find creative solutions to their problems.

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