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PRODUCT FEATURES

  • Make an initial deposit from Tk. 50,000 to Tk. 10,000,000
  • Pay from Tk. 5,000 to Tk. 1,000,000 any time till the 15th day of each month
  • Hold for 3 years up to 7 years
  • Insurance Coverage starting from Tk. 100,000 up to Tk. 10,000,000
  • Become a millionaire at maturity with life insurance coverage

Why Choose United Finance

CUSTOMIZED DEPOSIT FACLITY

A wide range of deposit products and services to choose from monthly savings and term deposit schemes

SMART INVESTMENT

Quick loan against deposit facility and Auto renewal option and Electronic fund transfer helps in reducing your effort.

DOORSTEP ASSISTANCE

Impeccable service through a network of 23 branch offices and more than 300 employees across the country.

IN OPERATION SINCE 1989

Operating for more than 2 decades, with reputation, in the financial industry of Bangladesh.

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The Insured Millionaire Plus Scheme can be opened by any Bangladeshi citizen who is at least 18 years or maximum 60 years of age at the time of account opening.

Yes. In this case the account can be operated by either of the two depositors or jointly.

Yes, it is mandatory for depositors to name a nominee in case of death or mental incapacity. However depositor can nominate more than one person. In this case the depositor should specify the amount of share of each nominee.

Encashment proceeds will be divided according to the specified share of each nominee. If the share of multiple nominees is not specified, all nominees will receive equal shares of the deposit proceeds. In case of demise of the first depositor of the joint scheme, nominees will get the deposit proceeds and insurance benefit.

Yes. However in case of the death of the depositor before the nominee has become an adult, the legal guardian of the minor nominee will be paid the encashment proceeds of the deposit.

Multiple deposits of Insured Millionaire Plus Scheme (IMPS) are allowed but up to a total life insurance coverage of Tk. 100,000 for natural death and Tk. 10,000,000 for accidental death.

Insurance premium is 0.40% on each payment.

We will provide deposited principal and any interest accrued. Insurance coverage is to be received from life insurance company

If the depositor is the sole applicant, then the adult nominee (or legal guardian of the minor nominee) of the account can claim the deposit. In case of deposits in joint names and demise of First Depositor, nominees will get the deposit proceeds and insurance benefit.

No, if the applicant(s) is/are living at the time of maturity of the deposit, payment will be issued in the name(s) of the depositor(s).

Yes, you can authorize a third party to operate your account. However, the third party will not be entitled to receive payment of the encashment proceeds and cannot apply for a Quick Loan Facility against your deposit.

Please submit a completed SERVICE REQUEST FORM along with the Account Opening Acknowledgement duly signed at the back to our Deposit Associate or at your nearest United Finance branch. The encashment value will be paid out directly to the account number provided in the Account Operation Form, through Bangladesh Electronic Fund Transfer Network (BEFTN) or through cheque. For any assistance please contact our Customer Service Department at 16354.

No, your deposit account cannot be converted to another scheme before maturity.

Yes. You can take a Quick Loan against your Insured Millionaire Plus Scheme. Please contact our Customer Service department at 16354 or your nearest United Finance branch for assistance.

Yes. Please contact our Customer Service department at 16354 or your nearest United Finance branch for assistance.

Deductions will be made for as per United Finance’s published Schedule of Fees and Charges and any Government prescribed taxes and duty applicable to deposit accounts.

Yes, please contact our Customer Service department at 16354 or your nearest United Finance branch for assistance.

The interest rate in this case will be 4% per annum if encashed after 3 months from account opening date but before maturity.

We will adjust your next payment with the missed monthly payment. If three monthly installments are not paid on the due dates, the deposit will become dormant and any payment made by you afterwards will not be applied to your Insured Millionaire Plus Scheme account until reactivated again.

No further interest will accrue on your Insured Millionaire Plus Scheme after the maturity date but you will be able to encash the deposit at your convenience after your return to Bangladesh.

DOCUMENTS

  • Completed Account Opening Form
  • Copy of National ID or Passport or Driving License (of the applicant, co-applicant and nominee)
  • One recent colour photograph (of the applicant, co applicant and nominee)
  • Copy of E-TIN certificate (if tax payer)

DOCUMENTS

  • Provide completed Account Opening Form with all required documents; pay your initial deposit by EFT, RTGS, personal cheque or pay order and provide payment details to our Deposit Associate or your nearest United Finance branch.
  • Once your initial deposit has cleared, an Account Opening Acknowledgement receipt will be issued for delivery or pick up.
  • Please contact our Customer Service at 16354 for further details.

Why Choose United Finance

CUSTOMIZED DEPOSIT FACLITY

A wide range of deposit products and services to choose from monthly savings and term deposit schemes

SMART INVESTMENT

Quick loan against deposit facility and Auto renewal option and Electronic fund transfer helps in reducing your effort.

DOORSTEP ASSISTANCE

Impeccable service through a network of 23 branch offices and more than 300 employees across the country.

IN OPERATION SINCE 1989

Operating for more than 2 decades, with reputation, in the financial industry of Bangladesh.

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