Business Banking

Deposit-i / UNIDC

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Product disclosure sheet

Uncallable Negotiable Islamic Debt Certificate (UNIDC) is a deposit product which pays a fixed profit rate on the given maturity date.

Tawarruq

Deposit Amount	RM60,001 to RM10,000,000 per certificate.
Deposit Tenure	Minimum tenure is one (1) day. Tenure of more than five (5) years is subject to approval by the Securities Commission of Malaysia.
Profit	Profit rate is based on the Bank's prevailing profit rate and determined upon placement of deposit together with the tenure.
Redemption	Customer will receive principal plus profit upon maturity for the certificate issued at FV or nominal. Customer will receive the face value amount upon maturity for the certificate issued on discounted basis. Early redemption is disallowed, however, customer may sell the certificate of UNIDC in secondary market for liquidation purpose.
Payment upon maturity	Deposit upon maturity will be paid to the customer/ holder of UNIDC certificate according to the instruction provided.

For further information, you may view the Term & Conditions.