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.

Transform Your Smartphone into a Powerful Payment Terminal with UBL SoftPOS

The Smarter Way to Pay

Accept payments anytime, anywhere with ease and security

UBL SoftPOS is an innovative solution that transforms your Android smartphone into a secure, convenient and efficient payment terminal. With a user-friendly interface and advanced features, SoftPOS aims to revolutionize the way businesses process payments on the go.

By simply installing the UBL SoftPOS App “PayApp”, businesses can accept payments via NFC-enabled cards, mobile wallets, and wearables. This solution is perfect for small and medium-sized enterprises (SMEs), mobile businesses, and any merchant looking to streamline their payment processes. By utilizing the UBL SoftPOS solution businesses can expand their payment options, improve customer experience and increase sales opportunities.

Key Features and
Benefits

SoftPOS boasts a robust set of features that cater to
the diverse need of businesses.

Cost-Effective

No additional hardware costs; Accept contactless transactions by turning your device into a payment acceptance terminal.

Secure Transactions

Compliant with PCI DSS standards, ensuring the highest level of security.

Real-Time Processing

Transactions are processed in real-time, providing immediate feedback and receipts.

Detailed Reporting

Access reports and analytics to track your sales and business performance.

Ease of Use

Install the App “Pay App” and start accepting payments in minutes.

Contactless Payments

Accept major (Visa and MasterCard) contactless cards, mobile wallets and wearables.

How does it work?

Step 1

Download and Install

Download the UBL SoftPOS App “Pay App” from the Google Play Store and install it on your Android device. Input your name and number to sign up on the app.

Step 2

Register and Set Up

After Signing up, follow the setup instructions, log in with your credentials to access the dashboards. Click on SoftPOS, where you will need to provide your personal details and shop information, and upload necessary documents. Once approved from the back office, click on SoftPOS, and you will find a link to download UBL Pay.

Step 3

Start Accepting Payments

Once set up, you can start accepting contactless payments by tapping the customer’s card on your device.

Step 4

Receive Funds and Manage Transactions

Payments are credited directly to your UBL or other bank account next day with seamless reconciliation.

Who Can Benefit from UBL SoftPOS?

SoftPOS shines in real-world scenarios

Retail Stores

Simplify checkout processes and reduce queues with a mobile payment solution.

Restaurants & Cafes

Enhance customer experience by offering payment at the table.

Delivery Services

Accept payments on delivery without needing to carry extra hardware.

Pop-up Shops & Market Stalls

Take your business anywhere and accept payments on the go.

Why Use SoftPOS?

Easy to setup and use.

Faster Checkouts.

On the Go Payments.

Its Cost effective.

End to end secure transactions.

Ready to Transform your Business?

For more information,
Contact us at:

Email pos.acq@ubl.com.pk Phone 021- 111-827-797