Uco bank

The writing about the Bank contains many grammatical mistakes and does not give a fluent and correct reading and needs correction. The Editorial Team may like to make corrections. The same may be re-written as in the description given below.

The bank provides all types of loans and deposits to suit individual needs. As per the Mission Statement of the Bank it aims to be " Top-class Bank and to achieve sustained growth of business and profitability, fulfilling socio- economic obligations, excellence in customer service; through up-gradation of skills of staff and their effective participation making use of state-of-the-art technology" The bank has a wide net of branches and ATMs throughout India.
Each depositor in the bank is insured up to a maximum of Rs.1,00,000 (Rupees One Lakh) for both principal and interest amount held by him in the same right and same capacity as on the date of liquidation/cancellation of bank's license or the date on which the scheme of amalgamation/merger/reconstruction comes into force. Premium on deposits is paid by the Bank and NOT passed on to the depositors

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