Official Rates • Updated Oct 2026UCO Bank Two Wheeler Loan Calculator 2026
Verified UCO Bank bike & scooter loan rates of 9.00% - 13.35% p.a. — calculate your EMI with down payment, total interest & repayment schedule.
Interest Rate
9.00% - 13.35%
UCO Float (RLLR) 8.05% w.e.f. 11.12.2025 + spread
Processing Fee
1% of loan amount, minimum Rs.500
≈ ₹1,000 for current loan
Max Funding
Up to 90%
Of vehicle price
Loan Tenure
Up to 60 months
5 years max
Bike Loan Calculator
Calculate Your Two Wheeler EMI Instantly
Plan your bike, scooter, or electric two-wheeler purchase with our compact EMI calculator – quick, simple, and always on top!
₹
One Lakh Twenty Thousand rupees
₹
Twenty Thousand rupees
UCO Bank official range: 9% - 13.35%Verified from official website
%
9%13.35%
years
Monthly EMI
₹3.18 K
for 3 years
Loan Amount
₹1.00 L
Total Interest
₹14.48 K
Total Amount
₹1.14 L
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UCO Bank Foreclosure Charge Calculator
See exactly what closing this loan early would cost you — and whether the interest you save makes it worth it.
₹
EMIs paid when you close9 mos
035 months
Estimated Foreclosure Fee (%)3% + GST
Outstanding
₹77,463
Foreclosure fee
₹2,742
3% of outstanding + GST
Total to close
₹80,205
Interest saved
₹8,397
Closing now leaves you ₹5,655 better off
₹8,397 interest avoided − ₹2,742 fee = ₹5,655 net benefit.
| Close after | Outstanding | Fee | Net benefit |
|---|---|---|---|
| 6 mos | ₹85,144 | ₹3,014 | ₹7,241 |
| 12 mos | ₹69,607 | ₹2,464 | ₹4,248 |
| 24 mos | ₹36,363 | ₹1,287 | ₹510 |
Official UCO Bank Foreclosure & Prepayment Terms
Published schedule of charges • Verified banking disclosure
UCO Bank publishes descriptive terms for preclosure charges. Use the fee percentage slider in the calculator above to model your exact payoff statement.
Verbatim Published Clause
“Nil (Pre Qualified Vehicle Loan page)”
18% GST Applicable: Prepayment & foreclosure fees attract 18% statutory GST as mandated by Government of India taxation rules.
Payoff Calculation: Estimates assume a monthly reducing balance. Official payoff statement from UCO Bank will include exact accrued interest up to the settlement date.
UCO Bank Two Wheeler Loan Interest Rate & Charges (2026)
Interest rate, processing fee, tenure and prepayment terms as published by UCO Bank
| Particulars | UCO Bank Two Wheeler Loan |
|---|---|
| Interest Rate | 9.00% - 13.35% p.a. |
| Rate Benchmark | UCO Float (RLLR) 8.05% w.e.f. 11.12.2025 + spread |
| Processing Fee | 1% of loan amount, minimum Rs.500 |
| Foreclosure / Prepayment | Nil (Pre Qualified Vehicle Loan page) |
| Maximum Funding (LTV) | Up to 90% of the vehicle price |
| Maximum Tenure | 60 months (5 years) |
| Effective Date | UCO Float w.e.f. 11.12.2025; page last updated 13/08/2026 |
Important Notes
- Rates are from the current "UCO Float 8.05%" annexure on UCO's repo-linked rate page. The same page still carries an older section on UCO Float 8.30% (2025) with higher figures (e.g. 13.60%); that section is superseded.
- The basic UCO Two Wheeler scheme is capped at Rs.60,000 (48 EMIs, 10% margin); UCO Elite Two Wheeler starts at Rs.1.50 lakh with no upper cap (60 EMIs, 15% margin up to Rs.10 lakh).
- Product: https://www.uco.bank.in/vehicle-loan1
Last verified against the official UCO Bank website on Oct 2026.
UCO Bank Two Wheeler Loan Scheme-wise Rates
UCO Bank publishes separate rates for these two wheeler loan variants.
| Scheme / Segment | Interest Rate (p.a.) |
|---|---|
| UCO 2-Wheeler - general categoryUCO Float + 5.30% | from 13.35% |
| UCO 2-Wheeler - full liquid collateral | from 12.10% |
| UCO 2-Wheeler - 50% liquid collateral | from 12.80% |
| UCO 2-Wheeler Elite (by CIBIL score)825+ 9.00%; 800-824 9.25%; 750-799 9.75%; 721-749 10.25%; loans from Rs.1.50 lakh | 9.00% - 10.25% |
| Pre Qualified Two WheelerSelected UCO savings account customers; same CIBIL grid as Elite | 9.00% - 10.25% |
Compare UCO Bank with Other Two Wheeler Loan Lenders (2026)
Bike loan interest rates from each lender's official website, sorted by lowest starting rate.
Comparing for₹1,00,000 (36 mo)
Sort by:
| Lender | Interest Rate (p.a.) | Est. Monthly EMI | Calculated Processing Fee | Total Payable (incl. fees & interest) |
|---|---|---|---|---|
| 8.86% - 22.00% | ₹3,173 | Up to ₹5,900 | ₹1,20,128 | |
| 8.90% - 11.70% | ₹3,175 | 1% on the loan amount (processing-fee page); the service-charges circular w.e.f. 01.01.26 lists Rs.1,000 irrespective of loan amount for the Vehicle Loan Scheme | ₹1,14,300 | |
| 9.00% - 13.35% | ₹3,180 | ₹1,000 | ₹1,15,480 | |
| 9.00% - 24.00% | ₹3,180 | Up to ₹5,000 | ₹1,19,480 | |
| 9.50% - 25.92% | ₹3,203 | Up to ₹5,000 | ₹1,20,308 | |
| 10.00% - 30.00% | ₹3,227 | Up to ₹5,000 | ₹1,21,172 | |
| 10.10% - 15.75% | ₹3,231 | Up to ₹1,180 | ₹1,17,496 | |
| 10.25% - 26.10% | ₹3,238 | Up to ₹4,000 | ₹1,20,568 | |
| 10.25% - 11.35% | ₹3,238 | Up to ₹500 | ₹1,17,068 | |
| 10.45% - 12.95% | ₹3,248 | ₹1,475 | ₹1,18,403 | |
| 10.50% - 12.90% | ₹3,250 | Up to ₹5,000 | ₹1,22,000 | |
| 10.50% - 11.50% | ₹3,250 | 0.50% of loan amount + GST (loan up to Rs.10 lakh); stamp duty at actual; log-in charges Rs.2,000 for applicant and Rs.1,300 for each co-applicant/guarantor (non-refundable) | ₹1,17,000 | |
| 10.75% - 13.65% | ₹3,262 | ₹2,360 | ₹1,19,792 | |
| 10.85% - 12.35% | ₹3,267 | Up to ₹590 | ₹1,18,202 | |
| 10.85% - 14.15% | ₹3,267 | Full waiver of processing charges on vehicle loans (product page) | ₹1,17,612 |
Live figures calculated for ₹1,00,000 over 36 months. Rates and fee formulas sourced directly from each lender's official website (last verified 8 Oct 2026) and auto-refreshed. GST at 18% is added where charged by the lender.
UCO Bank Bike Loan EMI: Worked Example
Live from the calculator above: a ₹1,20,000 bike with ₹20,000 down payment, financed at 9% p.a. for 36 months.
Loan Amount
₹1,00,000
Monthly EMI
₹3,180
Total Interest
₹14,480
Processing Fee
≈ ₹1,000
UCO Bank Two Wheeler Loan EMI per ₹1 Lakh
EMI on a ₹1,00,000 loan at UCO Bank's lowest and highest published rate.
| Tenure | EMI @ 9% | EMI @ 13.35% |
|---|---|---|
| 12 months | ₹8,745 | ₹8,948 |
| 24 months | ₹4,568 | ₹4,771 |
| 36 months | ₹3,180 | ₹3,386 |
| 48 months | ₹2,489 | ₹2,700 |
| 60 months | ₹2,076 | ₹2,293 |
Before You Apply for a UCO Bank Two Wheeler Loan
- Compare the all-in cost, not just the rate. Processing fee, documentation charges and insurance bought through the dealer can add more than a 1% rate difference on a small bike loan.
- A bigger down payment cuts interest fastest. Bike loans are short, so every ₹10,000 less borrowed saves interest across the whole tenure.
- Check foreclosure terms. Many borrowers close bike loans early; UCO Bank's published terms are listed in the Rates & Charges table above.
- Typical documents: PAN, Aadhaar / address proof, income proof (salary slips or ITR), recent bank statements and the dealer's quotation. The vehicle is hypothecated to UCO Bank until the loan is closed, after which you get an NOC to remove it from the RC.
UCO Bank Two Wheeler Loan FAQs
Common questions about UCO Bank bike and scooter loan interest rates, EMI, charges and foreclosure in 2026.
What is the UCO Bank two wheeler loan interest rate in 2026?
UCO Bank's officially published two wheeler loan interest rate is 9.00% - 13.35% p.a. This is UCO Bank's published rate card for two wheeler loans.
What is the EMI for a ₹1 lakh UCO Bank bike loan?
At UCO Bank's lowest published rate of 9% p.a., the EMI on ₹1,00,000 is about ₹3,180 for 36 months or ₹4,568 for 24 months. Use the calculator above for your exact price, down payment and tenure.
What processing fee does UCO Bank charge on a two wheeler loan?
UCO Bank's published processing fee is: 1% of loan amount, minimum Rs.500.
Can I foreclose my UCO Bank two wheeler loan early?
UCO Bank's published foreclosure / prepayment terms: Nil (Pre Qualified Vehicle Loan page).
How much of the bike price does UCO Bank finance, and for how long?
UCO Bank finances up to 90% of the vehicle price, repayable over up to 60 months.
How is the UCO Bank two wheeler loan EMI calculated?
EMI = [P × r × (1 + r)^n] / [(1 + r)^n – 1], where P is the loan amount (vehicle price minus down payment), r is the monthly rate (annual rate ÷ 12 ÷ 100) and n is the tenure in months.