UCB Multi Millionaire - United Commercial Bank (UCB)

Multi-Millionaire Scheme:

Instalment shall be deposited on the DPS account opening date of each month
Free auto instalment transfer from the link account. No need to stand in a Branch queue
7-days grace period for instalment payment after the due date without penal charge
Missed instalment(s) within the stipulated time will incur penal charge as per product interest rate on the overdue amount
Fulfill urgent financial requirements without encashing the DPS by availing credit facility up to 90% of the deposit

Credit facility/Loan can be availed after 1-year completion of the scheme subject to proper & timely payment of the prescribed monthly instalments
Income tax on interest & Excise Duty will be as per prevailing regulatory guidelines
A current/savings account in UCB is mandatory for opening a DPS account
Conditions applied

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