News Room

Campaigns

MISSION CASA – An initiative to boost CASA

Considering the need of the hour, the mission CASA has been launched for the period from 16th August to 30th September ’07 to boost the growth in savings and current deposits.

During this campaign period all out efforts are to be made by all concerned to attract customers for savings and current deposits. The facilities provided by the bank to this segment of customers are to be focused and customer awareness is to be developed.

It is worthy to be mentioned that a savings bank customer is entitled to get the following benefits:

1. Facility for collection of instruments like cheque, drafts etc.

2. The interest earned is exempted from Tax Deducted at Source (TDS).

3. It facilitates transaction even beyond the business hours (i.e. transfer transaction)

4. It provides the benefit of encashment of the proceeds of term deposit beyond Rs.20,000/-.

5. It empowers the customer to introduce others.

6. It gives an entry and access to avail other products from the bank/branch.

7. Savings bonanza facilities are available for earning higher interest.

8. The customer is entitled for accidental insurance coverage of Rs.1 lac with a premium of Rs.13/- only.

9. Overall, it ensures security, liquidity and profitability to the customer.

In addition to the above, the savings and current A/c customer will be benefited by –

1. United Insta Remit (RTGS)

2. NEFT

3. United Gold & Platinum Current

4. United Bonanza Current

5. United Bonanza Savings

6. United Salary Payment

7. United Assured Fund Transfer Scheme

8. Utility of ATM cum Debit Card

9. Issuance of Demand Draft within 10 minutes

We thus, draw the attention of all our customers, clients and constituents to open and maintain savings/current A/c with United Bank of India to avail of the above facilities.

==================================================

Deposit Mobilization Drive

A deposit mobilization drive was launched starting 10th Nov-06 to 8th Dec-06 with a mission to secure Rs.2,000 crores of fresh deposits. This shall not only help the Bank to raise the deposit level , but shall also lead to acquisition of new customers with in our fold.

Team UBI is full of confidence that after the successful accomplishment of mission one million (opening of more than 10 lacs SB a/c with in 01 yr) in recent past, shall once again rise to the occasion and achieve the goal.

To make the deposit products more customer friendly and market oriented, the rate of interest on term deposits have been reviewed and is set to be the most preferred market rate including that of senior citizens.