Uttara Bank Limited
Phone: +880-2-9551162-3, 9553085-6, 9558656, 9566067-9, 9565732, 9568941
Fax: +880-2-7168376, 9572102, 9561392
Head Office: Uttara Bank Bhaban, 47, Bir Uttom Shahid Ashfaq-us-samad Road, 90 Motijheel Commercial Area, P.O. Box No. 217 & 818, Dhaka-1000, Bangladesh.
Known As: UBL
SWIFT Code: UTBLBDDH
Stock Code: UTTARABANK
Uttara Bank Limited Description
In the year 1965 an advertisement bank was established privately sector at Dhaka. it absolutely was named as jam Banking Corporation. Once liberation of the country in 1971 the bank was nationalized as Uttara Bank by the govt. against orders P.O. No. 26, 1972. Afterward because the GOB relaxed its policy towards non-public sector, the bank was denationalized in early eighties. It had been functioning with efficiency together of the most important non-public industrial banks of the country since terribly origin.
General Banking Services
Uttara Bank restricted provides all general banking services to its customers through 211 totally processed branches everywhere Bangladesh. It presents bank account and accounting for deposit and withdrawal of cash as and once needed. Additionally it provides alternative banking services of transfer of cash through Pay order, Demand draft etc. As a result of adapting the trendy technology it’s ready to deliver fastest and most correct services to the shoppers.
In addition to traditional banking services Uttara Bank entertains special depositors with increased interest rates. Special deposit schemes on the market with UBL are fastened Deposit Receipt account, Double profit Deposit theme and Monthly Deposit theme.
Any Bangladeshi staying reception or abroad might have a President Franklin Roosevelt account at Uttara Bank. The length of a President Franklin Roosevelt could also be three, 6, 12, twenty four and thirty six months. Rate of interest is kind of enticing that varies with length.
Double profit Deposit theme doubles your deposit simply in eight.5 years. Minimum deposit needed for the program is BDT a hundred, 000.
Monthly Deposit theme is another distinctive chance for restricted financial gain individuals to avoid wasting cash for future. This theme is of 2 choices, five years and ten years of length. Another choice to be created is for monthly installment. You’ve got five alternatives here, ranging from BDT five hundred through ten, and 000. Remunerative rate of interest is obtainable here
These deposit schemes are targeted to definite teams of individuals and within the unit of time of these schemes have with success hit their targets. Each day new shoppers are becoming sure a deposit theme in Uttara Bank restricted.
In addition to the higher than, Uttara Bank has introduced another deposit theme, named Special Notice Deposit. Government, semi Government organizations and people are entitled to open this theme in UBL. A seven days’ notice is needed to withdraw cash from this account. This theme offers a handsome interest yet.
Any individual, firm or organization earning exchange might open a distant currency account with Uttara Bank. Account holder is allowed to form payments abroad in foreign currency and native payment in BDT. Account is additionally entitled to urge interest underneath some conditions.
Uttara Bank maintains its accounts with a decent range of acknowledged banks in Europe, America, Australia and much jam countries. This is often to settle any commerce issue or facilitate payment payment for expatriate Bangladeshis.
Loan and Credit Schemes
Uttara Bank distributes loans in numerous schemes. It provides client credits, Personal loans, Building repair loans and tiny business loans.
UBL started Uttara bank line theme in 1996. This theme provides monetary help to individuals for getting Motor Bike, Motor car, white goods, Air cooler, pc and plenty of a lot of trade goods.
Personal loan is on the market for salaried officers to satisfy their emergency wants like wedding of self or dependent, medical expenses of self or dependent or instructional expenses. This program doesn’t invite a security even.
Building repair loan is sanctioned for those having buildings of their own. With affordable charge per unit UBL provides this loan to a worthy candidate.
People doing little businesses usually suffer from inadequacy of fund. They need virtually no supply of finance. UBL comes forward with adequate fund for them.
Other products and Services
This bank up date itself everyday with present and provides fashionable banking services like on-line banking, ATM machine and card to its shoppers. Uttara Bank offers locker service for its shoppers and every one major branches are prepared with lockers at cheap charge.
Uttara Bank’s performance in recent time is incredibly abundant encouraging. Throughout 1st six months of this year UBL attained a profit of BDT one.71 billion against BDT one.40 billion in corresponding periods of 2010.