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| "National Bonds has declared the launch of Second Salary" |
National Bonds has declared the launch of Second Salary, a customized
savings solution formed for the UAE’s national and emigrant population to make extra
income. The idea is the first part of a long-term programme meant at provided
that the best giving up work strategies in the UAE.
Second Salary is planned to empower people by present a personalized
extra income-generating solution to safeguard that individuals can remain to
enjoy their desired lifestyle. The idea includes two main phases, the first
being the "Saving" phase, where customers place money into National
Bonds every month for a period of their choosing between 3 and 10 years. The
subsequent "Income" phase allows the customer to start drawing income
every month, receiving their base investment amount monthly positive their
accumulated profit.
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For example, if clients save
Dh5,000 monthly for 10 years, they could imagine to receive Dh7,500 monthly for
the following 10 years. Also, if clients were to save Dh5,000 per month for 5
years, but choice to cash within a period of the next 3 years, they could take
home a monthly amount of Dh10,020 for three years more than dual the monthly
savings.
Clients who opt for Second
Salary want to place a minimum monthly investment of Dh1,000 for a least period
of 3 years. With whole flexibility provided to clients over the amount and lease
of the savings and salary phases, customers can plan their Second Salary plan
to make the safety of a supplementary monthly pay for the coming. Clients can
also select to exchange their savings as a lump sum in its place of monthly
payments to fulfil their financial goals, such as payment of education fees, downcast
payment for a house, or for investments.
In addition to economic empowerment, Second Salary clients have
the chance to rise their financial well-being with thrilling rewards and cash
prizes from National Bonds. Clients also get entree to National Bonds’ striking
AED 35 million rewards program, with knowingly improved chances of winning by
up to 30 times, based on the length of the savings term they select.
Mohammed Qasim Al Ali, Group CEO of National Bonds, said, “We formed
the Second Salary plan in reply to the growing demand for ways to create a supportable
extra income for our clients. We take pride in offering a highly personalized
and plastic savings plan in Second Salary, which delivers UAE residents with an
affordable whole enabler to attaining financial security. Our promise to invention
in the industry remains steadfast as we constantly strive to develop new
innovative avenues for our clients to improve their financial futures."
By planning new ways to support build a stronger culture of
savings in the UAE, National Bonds goals to help people to build longer-term
prospects and financial health for the future over its exclusive, simple, and
flexible answers.