UOB Lender offers a number of individual banking services designed to meet up with the fiscal requirements of individuals. Below is an intensive overview that may help you recognize The important thing areas and offerings.
Different types of Accounts
Personal savings Account: This account enables you to spend less although earning desire.
Functions: Easy accessibility, interest earnings, nominal costs.
Gains: Protected spot for your funds, likely advancement by means of fascination.
Current Account: Ideal for day-to-day transactions and running fees.
Functions: Checkbook facility, overdraft defense.
Gains: Handy for regular payments and withdrawals.
Fastened Deposit Account: For people looking to generate better desire rates more than a fixed time period.
Characteristics: Fastened time period deposits, bigger desire fees in comparison to cost savings accounts.
Positive aspects: Safe expenditure solution with predictable returns.
Financial loans
Particular Financial loans: Unsecured loans that may be used for numerous applications like instruction or dwelling renovation.
Styles:
Installment Financial loans
Credit score Traces
Advantages: Flexible repayment conditions, aggressive curiosity rates.
Home Financial loans: Tailor-made options for purchasing assets or refinancing present mortgages.
Types:
Preset Amount Residence Mortgage
Floating Level Household Bank loan
Advantages: Different options to match person requires, beautiful prices.
Bank cards
UOB provides An array of credit cards catering to distinctive life and spending behaviors:
Rewards Cards: Get paid factors on every acquire which can be redeemed for presents or vacation miles.
Cashback Cards: Get funds rebates on everyday shelling out including groceries and eating out.
Travel Cards: Exclusive Advantages like air miles accumulation and journey insurance coverage.
Financial commitment Solutions
For individuals serious about expanding their wealth by investments:
Device Trusts * Diversified portfolio managed by experts. * Appropriate for extensive-term development aims.
Structured Deposits * Brings together the options of traditional deposits with expense items. * Perhaps bigger returns but with a few risk involved.
Insurance coverage Items
To safeguard by yourself and Your loved ones more info from unexpected functions:
Lifetime Insurance plan * Presents economical stability in the event of Demise or essential disease. * Could also serve as a financial savings Instrument according to the policy chosen.
Health and fitness Coverage * Handles health care expenditures which includes hospitalization expenses. * Important for mitigating significant healthcare costs.
Electronic Banking Companies
Comfort at your fingertips through electronic platforms:
World wide web Banking
Enables you to regulate your finances on-line:
Perspective account balances and transaction heritage
Transfer funds involving accounts or spend expenditures
Make an application for new products (financial loans/credit cards)
Cellular Banking
Banking on-the-go by using cellular applications:
Rapid equilibrium checks
Mobile payment selections (QR code payments)
Notifications & alerts about account activity
Using these complete choices, UOB aims to provide customized banking methods that cater especially to unique demands though making certain advantage and security in all transactions.