Ubank Term Deposit
The UBank Green Term Deposit is certified by the Climate Bonds Initiative (CBI), which means it meets the Climate Bond Standards - letting you know your savings are contributing to tackling climate change. What’s more, loyal customers are rewarded when they renew their term deposit with an added 0.10% p.a. At the time of writing, UBank offers two personal term deposits: Standard and Green. When you choose a Green Term Deposit, UBank says NAB (which owns UBank) will match your deposit to a portfolio of renewable energy projects such as wind and solar energy, low carbon transport and low carbon buildings. UBank says all term deposits feature zero fees and a loyalty bonus of 0.10% p.a. When you roll over.
Samar is a monthly payout term deposit product. This product can be availed by a customer of aged 18 years and above to allow them to put their savings in a secure term deposit to earn profit on monthly basis. The investment can be done for the tenure of 12 months, 24 months & 36 months at an attractive profit rate with the minimum deposit of amount PKR 10,000/-
Salient Features:
When you invest funds in a UBank Green Term Deposit, NAB will hold at least an equal amount in a pool of lending for projects and assets eligible for certification under the Climate Bonds Standard. This includes lending for wind and solar energy, low carbon transport and low carbon buildings. UBank Term Deposit is issued by UBank, a division of National Australia Bank Limited ABN 12 004 044 937 AFSL 230686.
- Profit up to 10% p.a.*
- Monthly Profit payment
- Minimum Investment limit PKR 10,000/-
- Multiple tenures and maturity options of 12 months, 24 months & 36 months
- No Maximum limit on investment
- Profit withdrawal option through ATM debit card and cheque book
- IBFT Facility (for U paisa Customers)
Free Services
- Free Debit Card
- First free cheque book (25 leaves)
U Bank’s Sila term deposit enables its customer to earn maximum profit on their idle funds. Sila term deposit provides a secured return over a range of fixed terms that is not exposed to market fluctuations to each individual account holder
Salient Features:
- Profit up to 10.5% p.a.
- Minimum Investment limit PKR 100,000/-
- Profit payment at maturity or annually
- Investment for tenure from 3 months up to 36 months
- Instrument issued in multiples of PKR. 100,000.
- Maximum Investment limit PKR 100,000,000/-
Free Services
Ubank Term Deposit Rates Smsf
- Free Debit Card
- First free cheque book (25 leaves)
- 2 free interbank fund transfer(s) per month
- 2 free pay order per month