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Union National Bank unveils 3 new products

: Wednesday, July 02 - 2014 @ 15:09

Union National Bank launched 3 new and innovative products “The Online Saver, Expat Loan and the Unsecured personal loan.

The UNB Online Saver is an online account designed to encourage and promote the saving habit to new as well as existing UNB customers. The account provides high interest rates and offers flexibility to access the funds through online banking or ATM or at UNB branches. With the Online Saver account, customers will earn interest based on their balance, accordingly higher balance will earn higher interest. Other features include free unlimited number of deposits to the Online Saver account, and 1 debit transaction per month at any UNB branch, as well as the option of setting up free standing instructions for crediting funds to your Online Saver account. Further customers do not need to maintain a minimum balance for the Online Saver account and can save as per their convenience.

The Unsecured Personal Loan offers a uniquely designed Personal loan allowing customers to avail a Loan without needing to transfer your salary at competitive interest rates. The Unsecured Loan is available to all customers with a minimum salary of AED 10,000, and offers a free Titanium Credit card with a joining bonus, cash back of upto 1% of the loan amount among other features.

The UNB Personal Loan for Expatriates promotion offer, provides customers with an extremely competitive interest rate that starts as low as 4.99% per annum. Further during the promotion period, every month, 10 lucky customers will get a chance to win their monthly loan installment amount (up to a maximum of AED 5,000 per winner), and one lucky customer can win the entire loan amount back (up to a maximum of AED 120,000). Other benefits include a free for life UNB Master Card that gives lounge access in 6 GCC countries with 400 AED joining gift as well as a Pre-approved Auto loan without any processing fee and a Pre-approved Home Mortgage offer without any pre-approval fee..

Mr. Praveen Bandekar SVP & Head of Retail Product Division, at UNB commented: ” We are really happy introducing UNB’s three new product offers which are in line with UNB’s philosophy ‘the bank that cares’ and underlines UNB’s commitment to offer services that help the customers achieve their financial goals.”

The launch of these modern and innovative products is in line with the UNB’s multi-dimensional approach aimed at targeting all segments of the community. The bank has recently launched a number of initiatives as part of this holistic approach aimed at enhancing customer service offerings as well as providing flexible business operations and energizing civic responsibility programs. He added.

For more information
Mona Zayati
Corporate Communications Manager – UNB
Tel: +971504108400
Email: [email protected]

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Wednesday, July 2- 2014 @ 15:09 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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