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Corporate Term Deposit Account

U Bank’s corporate term deposit enables corporate entities to earn maximum profit on their idle funds. It provides secured return over a range of fixed terms with flexible tenure that is not exposed to market fluctuations

Salient Features:

  • Profit up to 10.5% p.a.
  • Minimum Investment PKR 5,000,000/-
  • Payment of profit at maturity or annually
  • Investment tenure ranges from 3 months to 36 months
  • Maximum Investment PKR 200,000,000/-
  • Instrument issued in multiples of PKR. 100,000/-

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ABOUT U BANK

U Microfinance Bank Ltd. (U Bank) is a wholly owned subsidiary of Pakistan Telecommunication Company Limited (PTCL) – Etisalat Company. The bank has a network of more than 200 touch points, across 183 cities and rural areas in Pakistan and offers a wide range of microfinance loans, deposit products, and branchless banking solutions. U Bank’s branchless banking offers services under the banner of U Paisa in collaboration with Ufone (Pak Telecom Mobile Limited). The service is offered at nearly 45,000 agent locations across Pakistan.

U Microfinance Bank is proud to be at the front line of fighting poverty in Pakistan and is dedicated to play its critical part in the implementation...
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