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:
I have used Ubank for many years, both personally and in my SMSF. On renewal I noticed the rate for my SMSF is 2.7 compared to 2.85 for a personal term deposit. ING rate is higher, so I guess I have to change. UBank's 12-months rate is for a Term Deposit with interest paid at maturity. The standard interest rate for our 12-months Term Deposit with interest paid monthly is 0.35% p.a. Information accurate as at 2 March 2021. Source: CANSTAR. Note: Some rates displayed may include promotional/bonus rates.
- 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
Ubank Term Deposit Calculator
- Free Debit Card
- First free cheque book (25 leaves)