UAE News Today : Politics

National Bonds launches ‘Mi Un Millón’ savings plan

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National Bonds has introduced the “My One Million” plan, designed for both individuals and corporations, to propel its participants towards achieving AED 1 million in combined savings and cumulative earnings at the end of the term.

The newly introduced affordable plan allows customers to select a term ranging from 3 to 10 years.

Customers also have the option of making a lump sum investment if they want to start their savings journey with an upfront payment. Additionally, companies can contribute on behalf of their employees, either partially or fully, thereby improving employee retention.

Rehab Lootah, deputy chief executive of the national bond group, saying,

“Our mission is to empower both individuals and corporations with knowledge and opportunities that foster lasting financial prosperity within our community. “With the release of ‘My One Million,’ becoming a millionaire is a choice every individual can make.”

Signing up for the plan through the application or any of the National Bond branches is a simple process. Customers can start by choosing the duration of the plan; then they will be able to configure the monthly contribution.

In addition, they can make an initial savings amount, which is optional and applies to both individuals and companies. For example, if a client chooses a 10-year plan and decides to start their investment with a lump sum of AED 100,000, the monthly contribution required to reach AED 1 million at the end of the term will be AED 6,200.

my one millionCustomers can improve their financial well-being through the cash rewards and prizes offered by national bonds. Customers also get access to National Bonds‘AED 35 million rewards programme, including the AED 1 million draw held every quarter and the annual 16 luxury car draw.

News source: Emirates News Agency

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