The Full Form of UCO Bank is United Commercial Bank. It is one of the most prominent public sector banks in India, playing a crucial role in the nation’s financial landscape. It offers a wide range of services from UCO Bank education loans to deposit and demat accounts, internet banking, and the popular international money transfer by UCO Bank. To learn more about its history, services offered, mission and objectives, continue reading this blog.
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UCO Bank Full Form
UCO is the abbreviation for United Commercial Bank. It was founded in 1943 and has a rich history intertwined with India’s economic growth. It was nationalised in 1969 and since then it has expanded its network and offerings to cater to a large customer base.
It ranks as the 10th largest public sector bank based on total assets. The bank’s significance is further underscored by its position on the global stage: it secured the 80th spot on the Fortune India 500 list in 2020 and was ranked 1948 on the Forbes Global 2000 in 2018.
| UCO Bank Full Form | United Commercial Bank |
| Founded in | 1943 |
| Headquarters | Kolkata |
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Mission and Objectives of UCO Bank
UCO Bank’s mission is to be a customer-centric bank, providing a wide range of financial products and services. It aims to contribute to the nation’s economic development by supporting various sectors and individuals.
- UCO Bank aims to achieve sustained growth and profitability while fulfilling its social responsibilities.
- The bank is committed to delivering exceptional customer service through employee empowerment and technological advancements.
- UCO Bank strives to be a top-tier financial institution, earning the trust of customers and investors alike.
Key Services Offered by UCO Bank
UCO Bank (United Commercial Bank) offers a wide range of financial services for all, including students, individuals, corporate clients, etc. It offers an extensive network with over 4,000 service units and 43 zonal offices across India. Its global presence extends to Singapore and Hong Kong, where it operates two international branches.
| Services | Details |
| Deposits | Savings and Current Accounts, Fixed Deposits, and Recurring Deposits |
| Loans | Home Loan, Education Loan, Agriculture Loan, Personal Loan, Auto Loan, etc. |
| Digital Banking | Mobile Banking, Internet Banking, and UPI Services |
| Other Services | Demat Account, Locker facilities, Insurance, etc. |
Also Read: A career in medicine from abroad is worth the investment. Check out the major details of education loans for medical courses abroad to secure funds for tuition fees and living expenses.
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FAQs on UCO Bank Full Form
The UCO Bank full form is United Commercial Bank. It is one of the prominent public sector banks in India, playing a crucial role in the nation’s financial landscape.
Yes. UCO Bank is a government-owned bank. It was nationalized in 1969 making it a public sector undertaking. Since then, it has expanded its network and offerings to cater to a large customer base.
The full form of UCO Bank is United Commercial Bank. It came into existence in 1943.
UCO Bank offers a wide range of services from loans and advances to digital banking and deposit accounts, Some of the popular offerings include UCO bank education loans and international money transfers.
UCO Bank is headquartered in Kolkata. It offers an extensive network with over 4,000 service units and 43 zonal offices across India.
