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UCO Bank

3.6
based on 253 Reviews
Video summary

Working at UCO Bank

Company Summary

UCO Bank is a government-owned financial institution in India, aiming to be a trusted provider of banking services to customers and investors.

Overall Rating

3.6/5
based on 253 reviews
highly rated categories
5% below
industry average
highly rated categories
Highly rated for

Job security

highly rated categories
Critically rated for

Work-life balance, Company culture

Work Policy
Work from office
Work from office
71% employees reported
Alternate Saturday off
Alternate Saturday off
46% employees reported
Strict timing
Strict timing
73% employees reported
Within city
Within city
34% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
Job/Soft skill training
27 employees reported
Health insurance
Health insurance
23 employees reported
Office cab/shuttle
Office cab/shuttle
7 employees reported
Professional degree assistance
Professional degree assistance
5 employees reported
View all benefits

About UCO Bank

Founded in1943 (82 yrs old)
India Employee Count10k-50k
Global Employee Count10k-50k
India HeadquartersKolkata, West Bengal, India
Office Locations
Ahmedabad
|
Sambalpur
|
+7
Websiteucobank.com
Primary Industry
Other Industries
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View in video summary
Founded in 1943, UCO Bank is a commercial bank and a Government of India Undertaking. Its Board of Directors consists of government representatives from the Government of India and Reserve Bank of India as well as eminent professionals like accountants, management experts, economists, businessmen, etc.Shri Atul Kumar GoelMD & CEO Shri Ajay VyasExecutive DirectorOur Vision StatementTo emerge as the most trusted, admired and sought-after world class financial institution and to be the most preferred destination for every customer and investor and a place of pride for its employees.
Mission: To be a Top-class Bank to achieve sustained growth of business and profitability, fulfilling socio-economic obligations, excellence in customer service; through upgradation of skills of staff and their effective participation making use of state-of-the-art technology.
Vision: To emerge as the most trusted, admired and sought-after world class financial institution and to be the most preferred destination for every customer and investor and a place of pride for its employees.
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UCO Bank Ratings

based on 253 reviews

Overall Rating

3.6/5
How AmbitionBox ratings work?
5
113
4
65
3
34
2
11
1
30

Category Ratings

4.3

Job security

3.7

Promotions

3.6

Salary

3.5

Skill development

3.4

Work satisfaction

3.3

Company culture

3.3

Work-life balance

UCO Bank is rated 3.6 out of 5 stars on AmbitionBox, based on 253 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at UCO Bank
based on 212 reviews
3.6
Rated by 34 Women
Rated 4.7 for Job security and 3.7 for Career growth
3.6
Rated by 178 Men
Rated 4.2 for Job security and 3.7 for Salary

Work Policy at UCO Bank

based on 17 reviews in last 6 months
Work from office
71%
Hybrid
17%
Permanent work from home
12%

UCO Bank Reviews

Top mentions in UCO Bank Reviews

+ 5 more

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Overall Rating
3.6/5
based on 253 reviews
3.8/5
based on 718 reviews
3.4/5
based on 1.2k reviews
4.0/5
based on 1k reviews
Highly Rated for
Job security
Job security
Job security
Job security
Salary
Critically Rated for
Work-life balance
Company culture
No critically rated category
Work-life balance
Company culture
Work satisfaction
No critically rated category
Primary Work Policy
Work from office
71% employees reported
Work from office
83% employees reported
Work from office
97% employees reported
Work from office
86% employees reported
Rating by Women Employees
3.6
Good
rated by 34 women
3.7
Good
rated by 143 women
3.5
Good
rated by 217 women
4.1
Good
rated by 109 women
Rating by Men Employees
3.6
Good
rated by 178 men
3.9
Good
rated by 498 men
3.4
Average
rated by 840 men
3.9
Good
rated by 791 men
Job security
4.3
Good
4.2
Good
4.2
Good
4.3
Good
View more

UCO Bank Salaries

UCO Bank salaries have received with an average score of 3.6 out of 5 by 253 employees.

Chief Manager

(66 salaries)
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₹13.6 L/yr - ₹33 L/yr

Assistant General Manager

(13 salaries)
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₹11.3 L/yr - ₹38 L/yr

Branch Manager

(13 salaries)
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₹6 L/yr - ₹18.5 L/yr

Probationary Officer

(11 salaries)
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₹4 L/yr - ₹8 L/yr

Branch Head

(9 salaries)
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₹7.5 L/yr - ₹19.8 L/yr

Bank Manager

(8 salaries)
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₹9.6 L/yr - ₹20 L/yr

Deputy General Manager

(6 salaries)
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₹16 L/yr - ₹35 L/yr

Credit Manager

(6 salaries)
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₹6 L/yr - ₹16 L/yr

Banking Officer

(6 salaries)
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₹9.6 L/yr - ₹16 L/yr

Bank Clerk

(5 salaries)
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₹3.3 L/yr - ₹4 L/yr

UCO Bank News

View all

PSB stocks will attract investors, despite volatile markets

HinduBusinessLine | 27 Feb, 2025
PSB stocks will attract investors, despite volatile markets

Network 18 Media, ITI, BEML, Mastek, Angel One, Uco Bank: Mid and small cap stocks see renewed interest from FIIs

HinduBusinessLine | 12 Feb, 2025
Network 18 Media, ITI, BEML, Mastek, Angel One, Uco Bank: Mid and small cap stocks see renewed interest from FIIs

UCO Bank Q3 net up 27% at ₹638.83 cr, plans to raise ₹2,000 cr via QIP in Q4

HinduBusinessLine | 21 Jan, 2025
UCO Bank Q3 net up 27% at ₹638.83 cr, plans to raise ₹2,000 cr via QIP in Q4

UCO Bank's Rs 2,000-Crore QIP In Q4 To Cut Government Stake By 3%, Says MD

Bloomberg Quint | 21 Jan, 2025
UCO Bank's Rs 2,000-Crore QIP In Q4 To Cut Government Stake By 3%, Says MD

Q3 Results Today: Tata Tech, South Indian Bank, Cyient DLM Among 30+ Companies To Declare Quarterly Results

Bloomberg Quint | 21 Jan, 2025
Q3 Results Today: Tata Tech, South Indian Bank, Cyient DLM Among 30+ Companies To Declare Quarterly Results

UCO Bank Share Price Target 2025, 2026, and 2030

VIE Stories | 17 Jan, 2025
UCO Bank Share Price Target 2025, 2026, and 2030

PSU Bank Stocks Spike On News Of Government Mulling QIP To Dilute Stake

Bloomberg Quint | 14 Jan, 2025
PSU Bank Stocks Spike On News Of Government Mulling QIP To Dilute Stake

UCO Bank Q3 Updates: Business Grows 12% On Back Of Strong Loan-Book Expansion

Bloomberg Quint | 3 Jan, 2025
UCO Bank Q3 Updates: Business Grows 12% On Back Of Strong Loan-Book Expansion

PSU Bank stocks gain as RBI cuts CRR by 4%

HinduBusinessLine | 6 Dec, 2024
PSU Bank stocks gain as RBI cuts CRR by 4%

Government plans minority stake sale in 4 PSU banks, source says

HinduBusinessLine | 19 Nov, 2024
Government plans minority stake sale in 4 PSU banks, source says
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UCO Bank FAQs

When was UCO Bank founded?
UCO Bank was founded in 1943. The company has been operating for 82 years primarily in the Banking sector.
Where is the UCO Bank headquarters located?
UCO Bank is headquartered in Kolkata, West Bengal. It operates in 8 cities such as Kolkata, New Delhi, Mumbai, Hyderabad / Secunderabad, Jodhpur. To explore all the office locations, visit UCO Bank locations.
How many employees does UCO Bank have in India?
UCO Bank currently has more than 21,000+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in UCO Bank based on the number of reviews submitted on AmbitionBox.
Does UCO Bank have good work-life balance?
UCO Bank has a work-life balance rating of 3.3 out of 5 based on 200+ employee reviews on AmbitionBox. 30% employees rated UCO Bank 3 or below, while 70% employees rated it 4 or above for work-life balance. This rating suggests that while some employees recognize efforts towards work-life balance, there is scope for improvement based on employee feedback. We encourage you to read UCO Bank work-life balance reviews for more details
Is UCO Bank good for career growth?
Career growth at UCO Bank is rated fairly well, with a promotions and appraisal rating of 3.7. 70% employees rated UCO Bank 4 or above, while 30% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading UCO Bank promotions/appraisals reviews for more detailed insights.
What are the pros and cons of working in UCO Bank?
Working at UCO Bank comes with several advantages and disadvantages. It is highly rated for job security. However, it is poorly rated for work life balance and company culture, based on 200+ employee reviews on AmbitionBox.
UCO Bank Overview
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