UOB Bank delivers various individual banking products and services made to satisfy the financial wants of individuals. Under is an in depth overview to help you realize The crucial element elements and choices.
Types of Accounts
Savings Account: This account enables you to save cash although earning curiosity.
Attributes: Easy access, desire earnings, small charges.
Advantages: Safe spot for your resources, probable expansion by means of desire.
Existing Account: Perfect for every day transactions and running expenditures.
Options: Checkbook facility, overdraft safety.
Advantages: Easy for normal payments and withdrawals.
Fixed Deposit Account: For anyone wanting to receive bigger fascination rates above a set period of time.
Options: Preset time period deposits, higher curiosity costs as compared to financial savings accounts.
Rewards: Secure investment decision selection with predictable returns.
Loans
Own Financial loans: Unsecured loans that can be useful for several uses like education and learning or household renovation.
Sorts:
Installment Financial loans
Credit rating Lines
Added benefits: Flexible repayment conditions, competitive interest premiums.
Property Financial loans: Tailored alternatives for acquiring assets or refinancing current home loans.
Types:
Fixed Fee House Personal loan
Floating Charge Dwelling Loan
Benefits: Unique plans to fit individual wants, eye-catching rates.
Charge cards
UOB provides A here selection of credit cards catering to distinctive lifestyles and spending practices:
Benefits Cards: Receive details on each and every invest in that may be redeemed for items or journey miles.
Cashback Playing cards: Get hard cash rebates on each day expending like groceries and dining out.
Travel Cards: Unique Positive aspects like air miles accumulation and journey coverage protection.
Investment Services
For people serious about escalating their prosperity by means of investments:
Unit Trusts * Diversified portfolio managed by experts. * Ideal for long-time period progress targets.
Structured Deposits * Combines the features of common deposits with financial commitment merchandise. * Possibly higher returns but with some possibility involved.
Insurance plan Goods
To safeguard you and your family in opposition to unexpected situations:
Daily life Insurance coverage * Presents fiscal security in the event of Demise or vital health issues. * Also can serve as a savings Resource depending upon the coverage selected.
Wellbeing Insurance coverage * Addresses professional medical expenses which includes hospitalization expenses. * Important for mitigating superior Health care fees.
Digital Banking Products and services
Advantage at your fingertips by way of digital platforms:
Internet Banking
Helps you to take care of your finances online:
Watch account balances and transaction historical past
Transfer money between accounts or pay back charges
Apply for new solutions (financial loans/credit cards)
Cell Banking
Banking on-the-go through mobile apps:
Quick harmony checks
Cell payment possibilities (QR code payments)
Notifications & alerts about account activity
With these comprehensive offerings, UOB aims to deliver customized banking methods that cater exclusively to individual necessities whilst guaranteeing convenience and safety in all transactions.