UOB Financial institution gives several different private banking expert services meant to fulfill the financial requirements of individuals. Beneath is an extensive overview that may help you fully grasp The real key areas and choices.
Sorts of Accounts
Discounts Account: This account helps you to save money though earning desire.
Options: Easy accessibility, curiosity earnings, minimum fees.
Benefits: Safe spot for your money, possible advancement by interest.
Existing Account: Ideal for day by day transactions and controlling costs.
Features: Checkbook facility, overdraft protection.
Rewards: Handy for regular payments and withdrawals.
Fastened Deposit Account: For all those wanting to generate higher fascination rates in excess of a hard and fast time period.
Options: Mounted term deposits, higher fascination fees when compared to savings accounts.
Added benefits: Safe financial investment possibility with predictable returns.
Financial loans
Own Loans: Unsecured loans which can be employed for many functions like schooling or dwelling renovation.
Kinds:
Installment Loans
Credit score Lines
Positive aspects: Versatile repayment phrases, aggressive fascination premiums.
Dwelling Financial loans: Personalized solutions for buying home or refinancing existing mortgages.
Types:
Fixed Charge Home Bank loan
Floating Level House Mortgage
Rewards: Distinct designs to fit unique needs, attractive fees.
Bank cards
UOB delivers A variety of credit cards catering to distinctive life and shelling out behavior:
Rewards Playing cards: Generate points on each individual invest in which can be redeemed for items or journey miles.
Cashback Cards: Get dollars rebates on every day paying such as groceries and eating out.
Travel Playing cards: Particular benefits like air miles accumulation and journey insurance coverage protection.
Expenditure Solutions
For people considering escalating their wealth as a result of investments:
Unit Trusts * Diversified portfolio managed by industry experts. * Ideal for very long-term expansion objectives.
Structured Deposits * Combines the options of conventional deposits with financial investment items. * Most likely greater returns but with some hazard involved.
Insurance plan Products
To guard by yourself and All your family members against unforeseen functions:
Lifetime Insurance * Gives fiscal protection in the event of Dying or critical illness. * Also can serve as a personal savings Resource depending upon the plan chosen.
Well being Insurance policy * Covers health-related expenditures like hospitalization charges. * Essential for mitigating large healthcare costs.
Electronic Banking Expert services
Advantage at your fingertips by digital platforms:
Web Banking
Enables you to manage your funds on the web:
Check out account balances and transaction background
Transfer funds concerning accounts or fork out charges
Apply for new products (financial loans/credit cards)
Cell Banking
Banking on-the-go through mobile applications:
Fast equilibrium checks
Cellular payment options (QR code payments)
Notifications click here & alerts about account exercise
With these in depth offerings, UOB aims to deliver personalised banking options that cater specifically to particular person needs while guaranteeing comfort and protection in all transactions.