Receive S$30 worth of CapitaVouchers* when you open a new SRS account with a minimum SRS contribution of S$10,000.
- Consolidated monthly statements
Receive a complete record of your monthly transactions and investment portfolio with updated valuations and cash balance.
- Earn daily interest
Enjoy daily interest on the uninvested cash balance in your UOB-SRS Account.
- Option to withdraw
You can withdraw from your UOB-SRS account at any time, subjected to a 5% penalty if the amount is withdrawn before age 62 i.e. for premature withdrawal (before retirement). 100% of the amount withdrawn, together with 100% of the withdrawal, will be taxable.
If the amount withdrawn is on or after age 62, i.e. retirement withdrawal, only 50% of the amount withdrawn is taxable.
Note: A withholding tax is imposed on all withdrawals made by foreigners and Singapore Permanent Residents. The amount of tax withheld corresponds to the yearâ€™s prevailing withholding tax rate.