It is an unique monthly savings scheme that gives the depositor
an opportunity to save money for the future as well as obtain
peace of mind that the scheme benefit will be paid even in
case of sudden demise of the depositor.
The monthly installments
have built-in life insurance coverage that assures the receipt
of the maturity value of the deposit by the nominee of the
depositor, in case of depositor’s death due to any
cause (excluding pre-existing illness/disability, AIDS, suicide,
murder or assault, war or warlike operations etc. details
of which will be available in the original Group Insurance
Policy Contract).
Features
of our Insured Deposite Scheme (IDS):
Option
to save from Tk. 2,000 per month to a maximum of Tk. 10,000
per month.
Deposit tenure
of 5 years.
Eligibility:
Any Bangladeshi
citizen.
Age between
18 to 55 years.
Terms
& Conditions:
Multiple
deposite schemes are allowed, but cumulative monthly deposit
shall not exceed Tk. 10,000;
Installment
must be deposited through Cheque/Cash within 25th day of each
month at the bank nominated by ULC. Initial deposit must be
made by cheque only in favor of ULC;
The
scheme will be closed if three consecutive monthly installments
are not paid within stipulated time;
There
can be more than one beneficiary for a single IDS Scheme.
If share of Multiple Beneficiaries are not specified, all
beneficiaries will share equally;
Assurance
of scheme benefit in case of sudden demise of the depositor
is subject to the terms and conditions stated in the Group
Insurance Policy Contract;
Any
benifit from ULC IDS is subject to income tax or any other
levy as determoned by the GOvernment of Bangladesh;
A
leading Insurance Company is the underwriter of this scheme.
Insurance Company's decision about settlement of claims shall
be final and binding.
Benefits
of our Deposit product :
Safe investment
High Return
Flexible and diversified products
tailored to your needs
No incidental costs
Premature encashment allowed
after completion of minimum duration (6 months).Service Charge would be applicable for premature encashment.
Any Individual or Firm or Corporate
Houses are eligible to participate in the Deposit Scheme of
ULC.
Best consumer service
Required
documents :
ULC Deposit Account Opening Form-
Duly filled in and signed
A cheque in favor of 'United
Leasing Company Ltd'
Copy of Passport or National
ID of the applicant.
One recent color photograph of the applicant
One recent color photograph of
nominee, attested by the applicant
Account
opening procedure:
Please drop the
application form along with the cheque and necessary documents
to ULC's extended office at Noor Tower. Your account will
be opened as soon as the cheque is cleared, and account certificate
will be available within the next day.Â
You can also contact with our
customer service, we will attach an associator with you. Your
account will be opened and duly delivered to you by our deposit
associator.
