Unique Finance Ltd offers banking services to all people, firms, industries, and corporations of society. It offers financing services such as accounts for personal and corporate use, credit cards, and loans to business owners and consumers alike.
Products Offered
They offer various products and services like loans, accounts, etc. Unique Finance Ltd has consistently emerged as one of its kind when it comes to providing financial services as they have started their operation with just one motive: spreading financial awareness among people, especially youngsters. Thus, we have been in service for a long time and no matter how small or big AMD Yahoo Finance requires, we provide you with the best financing solutions under a single roof. There are a variety of financing options that we offer that you can choose from as per your requirement.
However, go for home loans and credit cards if you want to get the best out of these financing services. We ensure you provide affordable prices on all our products so that maximum people can benefit from them. We have also started an online financial service scheme that allows customers to complete their requirements with a few easy steps, like one-time registration. This Unique Finance Ltd is thus working hard so that people from every corner of the country can easily avail of our best services.
Special Facilities
It has unique facilities such as an online account opening facility, a customer care desk with round-the-clock accessibility, easy loan processing, and flexible repayment options. Unique Finance extends finance ranging from a few thousand shillings to several million shillings depending on the income and credit profile of an individual/ firm. The financial services it offers include; Debt consolidation, Personal loans, Mortgages, Home Improvement, Business Loans, and Farm financing. We can customize these products to suit clients’ specific needs.
In addition to its primary offering of personal finance, private and business, it also provides asset-based financing to firms. Asset-based financing is a type of short-term loan secured against assets rather than based on debt repayment alone. The loan amount available in Unique Finance depends on the value of your company’s assets, such as equipment or machinery. It is an alternative to a bank overdraft or merchant cash advance.
Fixed Deposit/FD Rates
As per the Review, Fixed Deposit interest rates offered by Unique Finance are pretty low compared to other banks. FD from UF is not suitable for someone looking for better returns on their money. The return offered is around 4%, slightly less than what other banks offer. If you are looking for high returns on your Fixed Deposits, then go with another bank. Else, go with UF if you want the safety of FD.
It is not advisable to park all your money with UF for interest rates. You can take a look at some other banks as well. Many banks offer great interest rates on FDs, ranging from 6% to 8%. Banks such as ICICI, Axis Bank, HDFC, etc., also have much higher returns on their Fixed Deposits. According to Unique Finance Review, there are two main reasons you should consider depositing your money in another bank rather than UF. Firstly UF FD rates are low, and secondly, it doesn’t have many branches across India.
As per Unique Finance Review, if you want to park your money with them, then they have an added advantage: they do not have any late fees on their Fixed Deposits. Most banks will charge you a hefty amount for delaying your payment by even a few days. So, it’s good from UF’s the side but not that great from the customer’s side as most banks offer better rates and do not charge any late fees, so why would anyone want to go?
Benefits of Unique Finance
There are many benefits to using Unique Finance.
- One of the main benefits is getting a lower interest rate on your loan. This can save you money over the life of your loan.
- Another benefit is that you can choose between a fixed-rate or variable-rate loan. This allows you to choose the loan that best meets your needs.
- They also offer pre-qualification, so you can know how much you can borrow before you even start looking for a car.