Pearl Account:The UBC Plc Pearl Account is a hybrid of the current, savings and investment accounts and as such offers all the benefits of these three accounts. It offers the facilities of a good business account while encouraging savings and yields multiple returns. Benefits- Easy to Open, accessible and offers multiple returns.
- Higher interest rates than the normal savings rates.
- 1 % bonus interest for account holders with twice the minimum balance for one year.
- Free passport photograph for account opening.
- Free insurance coverage against accidental death or permanent disability of up to FCFA 12 000 000.
- Funds in the Pearl account may be used as collateral for credit up to 70% of the Pearl investment.
Account may be operated from any UBC Plc branch nationwide Executive Savings Account:  This account is basically a target account for:
- High net worth individuals,
- Unincorporated bodies (churches, societies, clubs),
- Corporate organizations (registered companies)
- The opening minimum balance is FCFA 100 000 for individuals.
- Interest rate is 0.5% above savings rate. 70% of deposit can be used as collateral for loans.
- It allows third-party withdrawals using customized withdrawal slips.
Personal Loan - Basic:Need to pay for a wedding, change your wardrobe, pay medical bills? The Basic Personal loan is the solution. We will give you the freedom to spend a little more on what you really need without asking you questions. Benefits - You have the choice of using your loan for anything
- Simple and convenient application process
- Convenient repayment plan ranging from 3 – 48 months
- Competitive interest rate
Target Audience - Confirmed employees in the public or private sector
- Individuals whose salaries are paid through UBC.
How to Apply - Complete a UBC Plc consumer loan application form
- Submit your application to the customer service officer at your nearest UBC Plc branch.
Quality Education Plan:  This product helps customers save conveniently for their educational needs or those of their children. It covers primary, secondary, undergraduate and post graduate expenses.
Benefits:- Access to Student Education Loan up to 200% of account balance when account has been maintained for not less than 12 months.
- Free Educational advisory services
- Loyalty bonus for holders with no withdrawals within the year.
Premium Thrift Account:The UBC PTA is target savings accounts for small-scale savers that enable the customer save towards a dream project.
Features include: - Opening/min balance of FCFA 6000. Benefits of the account will accrue to beneficiary given a minimum account balance of FCFA 50 000.
- Flexible deposit option i.e. daily, weekly, monthly quarterly, provided the minimum annual savings of FCFA 300 000 is met. Free cash pick-up services.
Pay Advance Salary Scheme (PASS)The UBC pay advance salary scheme “PASS” is designed to address the temporary cash inadequacies experienced by employees of several organizations as a result of unforeseen contingencies. This product will act as a temporary stop –gap for up to 75% of the beneficiaries’ monthly salary. Two variants have been designed to give you a choice. Variant ADirect facility- an overdraft line is automatically setup in your salary account. The credit advanced will be available to you whenever you desire to draw up to a maximum of 50% of your monthly clean up cycle. An annual registration fee of Fcfa 20,000 is required to become a beneficiary of this product. Features- One year over draft of up to 50% of your net monthly salary.
- Unlimited frequency of drawn-down up to a maximum of 50% of net monthly salary.
- Availability of application and credit appraisal rating online.
- No collateral.
- No letter of comfort from employer.
- Domiciliation of salary.
- Negotiable interest rate.
Benefits- Available 50% net monthly when required.
- No notification prior to draw down.
- Cyclical drawn –down and repayment possibilities.
- Eases beneficiary cash flow projection.
Variant BExtended salary advance- you a availed to up to maximum of 75% of your monthly salary which can be repaid up to 3 installments over 3 moths salary. To qualify for this variant, you are required to apply by completing the required application form through your account officer. Features- Advance 75% of your net monthly salary
- Availability of application and credit rating appraisal online
- Maximum of three (3) months installmental repayment plan
- Product is one off and renewed on conclusion of any running credit cycle
- No collateral
- Letter of comfort from employer
- Domiciliation of salary
- Available up to Fcfa 2,000,000
Benefits- Available 75% net monthly in advance on application.
- Short processing time (within 48 hrs of satisfactory documentation).
- Availability of 3 months installmental repayment plan.
- Eases beneficiary’s cash flow projection.
Consumer loanThe UBC Plc Consumer loan is a loan facility product that enables individual costumers to meet some financial obligations e.g. rent payment, development of property etc. with maximum repayment period of 24 months. Features:- Scheme finance only personal assets as assets with business undertone are not financed under this scheme
- Open only to UBC Plc clients
Benefits:- Interest rates are negotiable and competitive
- Easy and convenient repayment terms as the credit facility can spread over a period of 6-24 months.
Quality Life Scheme - New Automobile QLS (Quality Life Scheme) is a loan facility product. This is the loan for you to buy a new car, Jeep or bus for your personal use.
Benefits: - The opportunity to own a new car without having to save.
- Easy and convenient repayment plan
- Competitive interest rate.
Target clients:- Confirmed employees in public or private sector
- Individuals whose salaries are paid through UBC Plc
- Self employed individuals
- UBC Plc account holders
How to apply:- Complete a UBC Plc consumer loan application form
- Obtain a pro-forma invoice from an authorized vendor
- Submit your application and the pro-forma invoice to our customer service officer at your nearest UBC Plc branch.
Quality Life Scheme - Asset Finance Scheme The Quality Life Scheme is a loan facility product. This product gives you the opportunity to own any personal household asset such as household furniture, personal computer, gas or electric cooker, generators, washing machines, and more with little contribution and convenient repayment plan.
Benefits: - The opportunity to own a new car without having to save.
- Easy and convenient repayment plan
- Competitive interest rate.
Target clients:- Confirmed employees in public or private sector
- Individuals whose salaries are paid through UBC Plc
- Self employed individuals
- UBC Plc account holders
How to apply:- Complete a UBC Plc consumer loan application form
- Obtain a pro-forma invoice from an authorized vendor
- Submit your application and the pro-forma invoice to our customer service officer at your nearest UBC Plc branch.
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