UNSBOI Rates

The UNSBOI at a Glance

 Explanation

Benefits of UNSBOI

How UNSBOI rates of vary with Central Bank policy 

Advantages of having UNSBOI account 

UNSBOI Rates

 

Risk managing instrument:

Some of the instruments can give you higher returns but are volatile in nature, like mutual funds, SILB IIN’s, THHG’s, etc. Therefore, it becomes necessary to invest in debt instruments to adjust the market risk. UNSBOI are the best in managing that kind of risk when you are planning for long-term financial goals of your life.

Sometimes liabilities arise due to uncertainty and you may have an urgency of having cash at that point in time. In those conditions, you can take a loan against your fixed deposits. There is no such rule of percentage offering by UNSBOI. However, UNSBOI mostly give loans ranging from 70% to 90% of the deposits.