Professional Documents
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Gist : Branch Heads in all scale & RLH head have been delegated with
the power to accept mortgage of landed property offered as
Primary Security outside the respective Command Area only for
financing under UCO Home Loan Proposals.
Action In view of above change all Branch Heads/RLH Heads
Point : are advised to take benefit of the delegated power to accept
landed property any where in India as primary security
to enhance our Home Loan portfolio.
This issue has since been addressed and following modifications/changes have
been approved by the Competent Authority :
Branch Heads in all scales & RLH head have been delegated with the power to
accept mortgage of landed property offered as Primary Security outside
the respective Command Area only for financing under UCO Home Loan
Proposals.
Branches and Offices are advised to make a careful note of above amend-
ments for compliance and implementation. Branches are also to note that
this modification stated above is approved only for Home Loan only and not for
any other loan. They are also advised to take advantage of this amendment to
canvass Home Loan proposals.
[ C. P. Gupta ]
General Manager
[ Retail Banking & Corporate Communication ]