UOB Financial institution features a number of private banking companies created to meet the financial requires of people. Under is an extensive overview to assist you to fully grasp The main element elements and choices.
Forms of Accounts
Cost savings Account: This account enables you to spend less even though earning interest.
Capabilities: Easy access, fascination earnings, minimum expenses.
Rewards: Harmless place for your cash, possible expansion via fascination.
Current Account: Ideal for each day transactions and handling charges.
Features: Checkbook facility, overdraft defense.
Gains: Hassle-free for normal payments and withdrawals.
Preset Deposit Account: For all those planning to get paid greater curiosity premiums over a fixed time period.
Capabilities: Preset term deposits, larger curiosity premiums as compared to financial savings accounts.
Rewards: Safe financial commitment option with predictable returns.
Financial loans
Personal Loans: Unsecured financial loans which might be useful for various functions like training or house renovation.
Kinds:
Installment Loans
Credit Strains
Gains: Adaptable repayment phrases, competitive curiosity prices.
House Financial loans: Tailor-made options for buying property or refinancing present mortgages.
Varieties:
Set Rate Dwelling Personal loan
Floating Amount Property Mortgage
Advantages: Distinctive options to match personal needs, interesting premiums.
Credit Cards
UOB offers A selection of credit cards catering to distinctive life and investing patterns:
Rewards Playing cards: Generate details on every single buy that may be redeemed for gifts or journey miles.
Cashback Playing cards: Get funds rebates on everyday paying out like groceries and eating out.
Travel Cards: Distinctive Rewards like air miles accumulation and vacation insurance coverage protection.
Expense Expert services
For people considering escalating their wealth by means of investments:
Device Trusts * Diversified portfolio managed by professionals. * Appropriate for extensive-term progress targets.
Structured Deposits * Brings together the attributes of classic deposits with financial investment items. * Perhaps higher returns but with some danger concerned.
Insurance plan Products and solutions
To protect your self and Your loved ones in opposition to unforeseen functions:
Lifetime Insurance * Provides monetary security in case of death or critical illness. * May also serve as a savings tool based on get more info the policy chosen.
Health Insurance * Handles clinical charges which include hospitalization expenditures. * Essential for mitigating higher Health care expenditures.
Digital Banking Solutions
Comfort at your fingertips through electronic platforms:
Net Banking
Permits you to handle your funds on the web:
See account balances and transaction record
Transfer cash among accounts or pay costs
Apply for new products and solutions (loans/bank cards)
Cellular Banking
Banking on-the-go via cellular applications:
Swift balance checks
Cellular payment options (QR code payments)
Notifications & alerts about account action
With these thorough offerings, UOB aims to deliver customized banking methods that cater exclusively to individual necessities although making sure comfort and protection in all transactions.