UCO securities are Personal Loans provided to applicants against any form of securities they may have. These include Government Bonds, National Savings certificates, Kisan Vikas Patra, etc. The loan amount depends on the value of these securities and the tenure is until the maturity of the provided security. This loan is provided in the form of a term loan where the amount is provided in a single disbursement or an overdraft facility where an ore-approved amount is provided into an overdraft account. The individual can withdraw the required amount from the account as and when required.