Uob Fixed Deposit
Updated OCT 2020
. The effective earnings on your fixed deposits are subject to foreign exchange fluctuations Deposit Insurance Scheme Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000. A wide range of deposits products and services to meet your business needs. Saving Account - This is a statement-based, Initial deposit and minimum balance of USD10,000 or other currency equivalent is required for opening a saving account. Deposit interest will be paid for USD Saving Account only. Current Account - This is statement-based, initial deposit and minimum balance of MMK10,000,000. UOB fixed deposit rates (Dec 2020) Oh dear, local banks UOB and OCBC (see below) certainly fall short of DBS when it comes to fixed deposit rates of late. In December, UOB was offering only 0.5 per.
UOB Fixed Deposit Interest Rate
Note : UOB will not accept new Fixed Deposit placement for tenor of 12 months and above , starting 1 August 2020.
| Tenure(Months) | Below S$50,000 | S$50,000 to S$249,999 | S$250,000 to S$499,999 | S$500,000 to S$999,999 |
| 1 mth | 0.050 | 0.050 | 0.050 | 0.050 |
| 2 mths | 0.050 | 0.050 | 0.050 | 0.050 |
| 3 mths | 0.050 | 0.050 | 0.050 | 0.050 |
| 4 mths | 0.050 | 0.050 | 0.050 | 0.050 |
| 5 mths | 0.050 | 0.050 | 0.050 | 0.050 |
| 6 mths | 0.050 | 0.050 | 0.050 | 0.050 |
| 7 mths | 0.100 | 0.100 | 0.100 | 0.100 |
| 8 mths | 0.100 | 0.100 | 0.100 | 0.100 |
| 9 mths | 0.100 | 0.100 | 0.100 | 0.100 |
| 10 mths | 0.150 | 0.150 | 0.150 | 0.150 |
| 11 mths | 0.150 | 0.150 | 0.150 | 0.150 |
| 12 mths | 0.150 | 0.150 | 0.150 | 0.150 |
| 13 mths | 0.200 | 0.200 | 0.200 | 0.200 |
| 14 mthw | 1.1500 | 1.1500 | 1.1500 | 1.1500 |
| 15 mths | 1.1500 | 1.1500 | 1.1500 | 1.1500 |
| 18 mths | 1.1500 | 1.1500 | 1.1500 | 1.1500 |
| 24 mths | 1.1500 | 1.1500 | 1.1500 | 1.1500 |
| 36 mths | 1.1500 | 1.1500 | 1.1500 | 1.1500 |
Uob Fixed Deposit Promotion Singapore
Check Out September 2020 Best Fixed Deposit Accounts Singapore
Uob Fixed Deposit Promotion 2019
- Minimum open account: 5,000 Baht for normal Fixed Deposit
- Minimum open account: 10,000 Baht for normal Fixed Deposit receiving monthly interest (Next deposit not less than 10,000 Baht)
- Receive interest on maturity date and/or receive depends on terms and conditions
- Tax payment
- Individuals 15%
- Non-profit organization 10%
- Corporate 1%
- Deposit at any branch
- After maturity, if customer doesn’t contact the bank, Deposit amount will be automatically deposited on the same plan
- Withdraw before maturity and less than 3 months: No interest
- Withdraw before maturity and more than 3 months: Saving interest with tax deduction
- An inactive fixed deposit account refers to account that has renewal after maturity at least 1 time and then the account does not has any of these activities including deposit, withdrawal, fund transfer, passbook update, and closure of any account balances, for more than two years.
- The Bank will send a notification letters to inform customers of account status and remaining balance on a yearly basis for three consecutive years.
- This deposit comes under the coverage of the deposit protection scheme within limits set under the applicable statutes