The initial deposit for account opening
is 1,000 – 25,000 Baht and customer must have monthly equal
deposit. The total deposit amount throughout the deposit
terms must not exceed 600,000 Baht.
The deposit term is 24, 36, 48 or
60 months selected by the Depositor.
The account name is ‘Child by Father’
‘Child by Mother’ or ‘Child by Father and Mother’, which
the deposit and interest derived from the account belongs
to the child.
Privileges
Free Personal Accident Insurance for 24
hours covers Father, or Mother, or Father and Mother. The
Child is the Beneficiary.
The compensation is equivalent to
2 times of the remaining amount to be deposited up to the
completion of deposit term after the accident occurred with
the maximum amount of 1,200,000 Baht per account or up to
2,400,000 Baht per person (sum insured of UOB Care 4 Kids
& UOB Tax Free Taveesin Fixed Deposit Account).
Withholding tax is waived for interest
amount.
On the matured date, if customer does
not close the account, Bank will auto roll-over on normal
fixed deposit tenor 12 months with the interest of normal
fixed deposit 12 month (tax will be applicable).
Auto debit from Normal savings or Junior
savings account to UOB Care 4 Kids, the transferred fee
will be waived (tax on interest of Normal savings or Junior
savings account will not be waived).
Remark
:
For
depositor aged below 15 years or above 65 years on
the date of accident occurred, the PA coverage will
be equivalent to 7 times of outstanding balance.
Criteria
1 child can open
only 1 tax waive fixed deposit account.
The depositor must inform ID Card No.
of Father or Mother and Child to the Bank for tax waive.
The depositor must fill in the name
of Beneficiary and sign in ‘Terms and Conditions of UOB
Care 4 Kids Fixed Deposit’.
Applicant
Requirements
The child’s age is not over 18 years old
on account opening date.
Supporting
documents
Father and/or Mother: a certified copy
of ID Card.
The child: a certified copy of Birth
certificate or Household registration.
