How can we assist you today?

The UIFD is a special type of fixed deposit where you receive the entire interest amount upfront when you place the deposit, instead of waiting until maturity.

Unlike traditional FDs where interest is paid at maturity or periodically, UIFD gives you the full interest payout at the start, providing immediate liquidity while your principal is preserved until maturity.

This account is ideal for:

• Individuals seeking low-risk, fixed-income investments
• Businesses needing upfront liquidity for operations
• Retirees and High Net-Worth Individuals (HNWIs) wanting predictable returns
• Treasury managers optimizing cash flow

You gain:

• Immediate cash flow for reinvestment or expenses
• Better financial planning with predictable returns
• Higher flexibility compared to traditional FDs

Yes. The full principal amount is returned at maturity, making this a risk-free investment from a capital preservation perspective.

UIFDs are available for flexible terms, typically ranging from a few months up to 5 years.

Interest rates are tiered and vary based on:

• The amount deposited
• The tenure chosen

Please contact SBM Bank for current rates.

Yes. Some UIFD accounts offer an overdraft facility of up to 2–3% above the deposit rate, providing additional financial flexibility without breaking your deposit.

If you choose to withdraw before maturity:

• You will forfeit the upfront interest received
• The principal amount will still be returned

Yes. The UIFD is structured similarly to Treasury Bills (T-Bills) and Zero-Coupon Bonds, making it attractive to those familiar with such instruments.