UOB Bank presents a number of personalized banking expert services meant to fulfill the financial needs of people. Down below is an intensive overview that will help you realize The true secret facets and offerings.
Types of Accounts
Savings Account: This account allows you to spend less though earning fascination.
Functions: Easy access, desire earnings, nominal charges.
Benefits: Harmless place for your funds, probable progress via fascination.
Existing Account: Perfect for day-to-day transactions and handling fees.
Characteristics: Checkbook facility, overdraft defense.
Rewards: Effortless for regular payments and withdrawals.
Preset Deposit Account: For anyone looking to receive greater fascination rates in excess of a hard and fast time period.
Options: Mounted expression deposits, higher curiosity premiums in comparison with price savings accounts.
Advantages: Safe financial investment alternative with predictable returns.
Financial loans
Own Financial loans: Unsecured loans that may be employed for many functions like schooling or household renovation.
Types:
Installment Loans
Credit Lines
Advantages: Versatile repayment terms, competitive interest prices.
Residence Loans: Tailor-made remedies for getting residence or refinancing current home loans.
Sorts:
Fastened Amount Dwelling Personal loan
Floating Level Home Loan
Benefits: Different designs to accommodate unique desires, beautiful costs.
Charge cards
UOB provides An array of charge cards catering to distinct lifestyles and expending behaviors:
Rewards Playing cards: Gain factors on each order which may be redeemed for gifts or vacation miles.
Cashback Cards: Get hard cash rebates on every day paying like groceries and eating out.
Travel Playing cards: Unique Gains like air miles accumulation and journey insurance coverage protection.
Investment decision Services
For individuals considering growing their wealth as a result of investments:
Unit Trusts * Diversified portfolio managed by gurus. * Ideal for extensive-term expansion targets.
Structured Deposits * Combines the capabilities of traditional deposits with financial commitment goods. * Most likely higher returns but with some chance associated.
Insurance policy Solutions
To shield your self and Your loved ones in opposition to unexpected situations:
Lifestyle Insurance policies * Provides monetary safety in case of Loss of life or essential ailment. * Might also function a price savings tool according to the coverage picked.
Overall health Insurance policies * Addresses health care bills which include hospitalization charges. * Essential get more info for mitigating large healthcare costs.
Electronic Banking Products and services
Benefit at your fingertips by digital platforms:
World wide web Banking
Permits you to handle your funds on the net:
Watch account balances and transaction heritage
Transfer money in between accounts or spend bills
Submit an application for new merchandise (loans/bank cards)
Cellular Banking
Banking on-the-go by way of cell apps:
Quick equilibrium checks
Cellular payment choices (QR code payments)
Notifications & alerts about account exercise
With these in depth offerings, UOB aims to provide individualized banking answers that cater specifically to unique demands while guaranteeing comfort and protection in all transactions.