UCO Bank press meet was organized in the presence of Shri. Charan Singh (Executive Director), Shri. A. K. Goel (Managing Director & CEO) and Shri. Ajay Vyas (Executive Director) of United Commercial Bank (UCO Bank) in Kolkata.

UCO Bank celebrated its 77th Foundation Day on 6th January, 2020.

To supplement the Government of India’s ambitious target of making Indian economy a 5 trillion dollar economy, UCO Bank organized various activities to celebrate its 77th Foundation Day on 06th January, 2020.

The Kolkata headquartered Bank is dedicating 3 more Rural Self Employment Training Centres (Dausa in Rajasthan, Jagatsinghpur in Odisha & Ropar in Punjab) to the nation in addition to its existing 27 RSETIs across the country. The Bank is also extending credit linkage to 10,000 Self Help Groups and opening two urban Bank Mitra centres in Kolkata.

To boost the credit off take and benefitting the consumer segments, Bank is coming with UCO Carnival campaign, an initiative for Retail and MSME borrowers. A Mega CASA campaign will also be launched to provide banking service to the unbanked areas. The focus is on housing loan and to give new boost to economy.

In line with today’s modern banking demands, the Bank is launching IVR (Interactive Voice Response) based Phone Banking system and online account opening and virtual card issuance through UCO Pay+ (Bank’s Digital Wallet). Further, with the development of various Technology Products e.g. Digilocker, UCO Mobile Banking plus, UCO Secure, UCO UPI, Cash withdrawal without Debit Card, Internet Banking; UCO Bank has significantly contributed for the digitalisation of different segments of the customers.

The bank witnessed 45% growth in home loan. The bank also offers the lowest gold loan interest among all banks in India. One can also withdraw money from ATM without card. A one-time pin will be generated and the withdrawal limit is Rs 10000. The bank has 3086 branches and even branches in Singapore and Hong Kong.