MILESTONE AWARD
The Eligible Employee (who completes 25 years of blemishless service in the Bank) will give a declaration about purchase of Milestone award of his choice Which will be settled at…
FAREWELL TO RETIREE EMPLOYEES
Ref No.HOCL/PMG/23/2006 DTD 27.2.06 RefNo. CHO/PMG/40/2005-06 dt 24.3.2006 Ref No. CHO/PMG/19/2015-16 dt 18.8.2015 On reaching superannuation a memento costing not more than Rs.5000/- as retirement sendoff to the employees who…
MARRIAGE LOAN SCHEME
PURPOSE To meet marriage expenses of an employee or his/her daughter/dependent sister. ELIGIBILITY Employee who is confirmed in service and has put in a minimum of 2 years of continuous…
UCO SHELTER LOAN TO EMPLOYEES ON COMMERCIAL RATES
UCO Shelter loan can be extended to the members of staff for purchase/construction of second house/ ready built flat for residential purpose, who have outstanding balance in the staff housing…
MULTIPLE LOANS IN A FAMILY – UCO EDUCATION LOAN
More than one member of same family can avail education loan upto Rs.4 lac and each applicant will be treated as individual loan without clubbing/insisting the income of the family…
EDUCATION LOAN TO THE RELATIVES OF STAFF MEMBERS
Ref No. : CHO/SISB/2/2001-02 Dtd 29.5.2001 Ref No. : CHO/PMG/11/2005 Dtd 1.6.2005 Under this scheme no security is insisted upon upto the loan amount of Rs.4 lacs. In case the…
COMPREHENSIVE PERSONAL LOAN SCHEME
1.PURPOSE To meet the expenses for children’s higher education abroad or in professional colleges in India and their marriages; To meet shortfall in the cost of house/flat to be purchased,…
Salary for the month of December will be paid on revised pay scales
Dear Comrade, We are happy to inform that as a result of our close follow up with HO , all arrangements are reportedly put in place for implementation of 11…