National Bonds Launches its ‘My One Million’ Saving Plan
- The ‘My One Million’ plan will accelerate achieving AED 1 Million in combined savings & cumulative profits at the end of the tenor.
- The new plan is designed for both individuals and corporates.
Dubai United Arab Emirates, 02, October,2023
The newly introduced affordable plan offers customers the flexibility to select a tenor ranging from 3 to 10 years. Customers also have the option to make a lump-sum investment if they wish to jump-start their savings journey by an upfront payment. Additionally, companies will have the option to contribute on behalf of their employees, either partially or in full, thereby enhancing employee retention.
Rehab Lootah, Deputy Group CEO of National Bonds, said: “With the value of saving at the core of our DNA at National Bonds, our mission is to empower individuals and corporations alike with knowledge and opportunities that foster lasting financial prosperity within our community. We do this through groundbreaking products and unparalleled rewards. With the launch of ‘My One Million’, becoming a Millionaire is a choice that every individual can make. We always work in line with our wise leadership vision to covert dreams into reality”.
Lootah, added: “My One Million plan is a testament to our ongoing commitment to introducing innovative products designed to meet the diverse savings and investment goals of the community. Our aim is clear; we help individuals build robust, long-term financial futures with our unique and adaptable solutions.”
Enrolling in the plan, whether through the app or any of National Bonds’ branches is a simple process. Customers can begin by choosing the plan’s duration, then they can set up the monthly contribution. Additionally, they have the option to make an initial savings amount, which is optional and applies to both individuals and corporations. For instance, if a customer chooses a 10-year plan and decides to initiate their investment with a lump sum of AED 100,000, the monthly contribution required to reach AED 1 million by the end of the term will be AED 6,200.
‘My One Million’ customers have the opportunity to enhance their financial well-being through exciting rewards and cash prizes offered by National Bonds. Customers also get access to National Bonds’ AED 35 million rewards program including the AED 1 million draw that takes place every quarter and the annual 16 luxury cars draw.
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About National Bonds Corporation PSC
National Bonds Corporation is a Shari’a-compliant savings and investment company owned by the Investment Corporation of Dubai, established in 2006. It is licensed and supervised by the Securities and Commodities Authority and is audited by Dubai Government Audit Department, Shari’a Supervisory Board as well as reputable International external auditors. The company provides UAE nationals, UAE residents and non-residents with an opportunity to build and fortify their savings safety net, as well as invest in programs that offer competitive returns with lower risk. Its goal is to encourage a disciplined savings habit for people across the 7 Emirates, in line with the UAE Government Vision for a financially secure and sustainable future. National Bonds offers an exciting AED 35 Million Rewards Program to all savers, with monthly and quarterly prizes ranging from AED 1 million to various luxury cars.
