UOB Fixed Deposit Rates for Senior Citizens
| Tenure | Interest Rate |
|---|---|
| 6 months | 4.00% p.a. |
| 12 months | 4.20% p.a. |
| 24 months | 4.30% p.a. |
| 36 months | 4.40% p.a. |
United Overseas Bank (UOB) offers competitive fixed deposit rates for senior citizens. These rates are higher than the regular fixed deposit rates offered by the bank. Senior citizens can enjoy these higher rates by opening a fixed deposit account with UOB.
Benefits of UOB Fixed Deposit for Senior Citizens
- Higher interest rates: Senior citizens can enjoy higher interest rates on their fixed deposits with UOB. These rates are higher than the regular fixed deposit rates offered by the bank.
- Flexible tenure: Senior citizens can choose a tenure that suits their needs. They can choose from a tenure of 6 months to 36 months.
- Safe and secure: Fixed deposits are a safe and secure way to save money. UOB is a reputable bank with a strong track record. Your money will be safe and secure with UOB.
Eligibility for UOB Fixed Deposit for Senior Citizens
To be eligible for UOB Fixed Deposit for Senior Citizens, you must be:
- A Singapore citizen or Permanent Resident aged 55 years and above
- A non-Singaporean aged 55 years and above with a valid work pass or dependent pass
How to Apply for UOB Fixed Deposit for Senior Citizens
You can apply for UOB Fixed Deposit for Senior Citizens online, by visiting any UOB branch, or by calling UOB’s customer service hotline.
Documents Required
To apply for UOB Fixed Deposit for Senior Citizens, you will need to provide the following documents:
- Your NRIC or passport
- Your work pass or dependent pass (if applicable)
- Your bank account details
Conclusion
UOB Fixed Deposit for Senior Citizens is a great way to save money and earn a higher interest rate. If you are a senior citizen, I encourage you to consider opening a fixed deposit account with UOB.
