How do I check the TDRs I’ve booked?

You can check your booked Term Deposits by logging into your UBL Digital App, click on Accounts and select Term Deposit. All the booked Term Deposits will appear under this section. To check the details of individual Term Deposit, click on summary.

What is the minimum and maximum booking amount?

The minimum investment amount is: Term Deposit Product Type Minimum Investment Amount UBL Mahana Aamdani Term Deposit Rs. 25,000 (progressing in multiples of Rs.25,000) UBL Certificate of Deposit (COD Maturity) Rs. 50,000 (progressing in multiples of Rs.25,000) There is no limit to the maximum amount of investment that can be made in a Term Deposit.

What rates are offered on these Term Deposit?

The rates offered are as per the Bank’s prevailing rate sheet for Certificate of Deposit (CoD-at Maturity), or Mahana Aamdani Term Deposit. You can also view the rates on each tenor whenever you place a deal in the UBL Digital app.

What tenors can the deals be booked at?

The deals can be booked for the below tenors for all products: • 3 months • 6 months • 1 year • 3 years • 5 years • 10 years

How frequently is the profit paid out on the Term Deposit?

The profit on each product is paid: Term Deposit Product Type Profit Payment Frequency UBL Mahana Aamdani Term Deposit Monthly UBL Certificate of Deposit (COD Maturity) At Maturity

Can UBL Mahana Aamdani Term Deposit be opened with a Savings Account?

You need to have a UBL current account to invest in UBL Mahana Aamdani Term Deposit. If you would like to invest in this product, please open an account online by visiting our website https://ubldigital.com/Open-a-Bank-Account-Online, or go to a nearest UBL branch.

What is rollover facility?

A rollover refers to automatic renewal of the Term Deposit, i.e. the amount invested will be automatically reinvested after the Term Deposit matures, for the same tenor at the prevalent profit rate. The rates prevalent can be viewed at https://ubldigital.com/About-UBL/Rates

How can I stop rollover of my term deposit?

You can stop automatic investment rollover by visiting your account branch.

Can the rate on these TDRs change mid- tenor?

No, the rates in CoD and Mahana Aamdani Term Deposit will remain same throughout their tenor.

Will there be any zakat deduction on these Term Deposit?

Yes, Zakat will be deducted as per the Zakat and Ushr Ordinance, 1980.

Are withholding tax charges applicable on profits disbursed?

Yes, and the rate applicable will be dependent on your ATL File/Non-Filer status. However, these taxes will be deducted in a separate transaction following immediately after the profit disbursal.

Are there any charges on Early Encashment?

Upon Early encashment, profit will be paid on minimum saving rates set by SBP applicable at the time of booking.

How do I encash my term deposits?

You can encash your previously booked deals by visiting your parent account branch and requesting to do so.

Sohni Dharti Remittance Account

The Sohni Dharti Remittance Account (SDRA) is an innovative banking solution tailored for home remittance customers. It enables seamless flow of home remittance from around the world while offering simplified banking experience with greater convenience.

Eligibility Criteria

All Pakistani (resident/ nonresident) can open Sohni Dharti Remittance account.

Only individual/single account is available.

Simplified Documentation:

Customer can open the account with CNIC/NICOP/POC.

Click here for Self-declaration.

Offering:

Account is available in both Conventional and Ameen (Islamic banking) segment.

Account is available in PKR currency only.

Option to open a current or saving variant.

Competitive rate of return on saving account.

Option to make investment in UBL’s TDR, Mutual Funds and Govt. securities.

Following waivers can be availed by UBL Sohni Dharti Current accountholders who maintain a YTD (year to date) average balance of PKR 25,000 or above in their current account relationship balance. However, first debit card issuance id free.

Free UBL Paypak Debit Card (Annual and Issuance)

Free Duplicate Account Statement

Free UBL Go Green SMS Alerts

Following are the features of UBL Sohni Dharti Saving Account

The profit calculation is based on monthly average balance

The profit shall be disbursed to the customer semi annually

All other charges/waivers are applicable as per prevailing Schedule of Charges