Looking for a smart way to grow your savings and secure a steady income stream in the UAE? The Second Salary program from National Bonds is designed exactly for that—helping you turn disciplined saving into a reliable monthly payout that feels like an extra salary.
What is the Second Salary Program?
National Bonds, a leading Sharia-compliant savings and investment company in the UAE, launched the Second Salary program in 2023 to empower residents with a supplementary income solution. The idea is simple yet powerful: you save a fixed amount every month, and later, you receive monthly payouts that act like a second salary.
This program is tailored for both UAE nationals and expatriates, offering flexibility in how much you save and how long you commit. With a minimum monthly contribution of AED 1,000, you can start building a financial cushion that not only grows with competitive profit rates but also rewards you with entry into National Bonds’ AED 36 million Rewards Program draws National Bonds Corporation Gulf News Bayut.
How Does It Work?
The Second Salary program is structured into two phases:
- Saving Phase 🏦
- You deposit a chosen amount every month (minimum AED 1,000).
- You select a tenor between 3 to 20 years, depending on your financial goals.
- During this period, your savings accumulate profit at competitive rates.
- Income Phase 💰
- Once your saving period ends, you begin receiving monthly payouts.
- These payouts include your principal plus accumulated profit.
- You decide the duration of your income phase, ensuring a steady stream of funds that feels like a second salary National Bonds Corporation وكالة أنباء الإمارات myMoneySage.
This dual-phase approach makes the program ideal for retirement planning, education funding, or simply creating financial stability without needing a second job.
Key Benefits of Second Salary
Here’s why the Second Salary program stands out among savings options in the UAE:
- Low Entry Point: Start with just AED 1,000 per month.
- Flexibility: Choose saving tenors from 3 to 20 years.
- Monthly Income: Receive payouts like a salary once your saving phase ends.
- Competitive Returns: Anticipated profit rates around 3.25%, making your money work harder.
- Rewards Program: Full entry into National Bonds’ AED 36 million prize draws.
- Sharia-Compliant: Peace of mind knowing your investment aligns with Islamic finance principles National Bonds Corporation Gulf News Bayut.
Why It’s Called “Second Salary”
The name isn’t just marketing—it reflects the program’s purpose. Imagine finishing your saving phase and suddenly having a second stream of monthly income. Whether you use it to cover household expenses, fund travel, or invest further, this payout mimics the stability of a salary.
For many UAE residents, especially expatriates, this is a game-changer. It provides financial independence and reduces reliance on a single source of income.
Who Should Consider It?
The Second Salary program is perfect for:
- Young professionals who want to start saving early and enjoy financial freedom later.
- Families planning for children’s education or long-term expenses.
- Retirees looking for a structured monthly income post-employment.
- Expats who want to secure funds for the future while living in the UAE.
How to Get Started
Getting started with Second Salary is straightforward:
- Visit National Bonds’ website or app to explore the program.
- Choose your saving amount (minimum AED 1,000 per month).
- Select your tenor (3–20 years).
- Commit to monthly savings during the saving phase.
- Relax and watch your savings grow, knowing you’ll later enjoy monthly payouts.
National Bonds also provides customer support to help you tailor the plan to your needs, ensuring you maximize the benefits.
Final Thoughts
The Second Salary program from National Bonds UAE is more than just a savings plan—it’s a lifestyle enabler. By committing to disciplined monthly savings today, you’re essentially gifting yourself a second income stream tomorrow. With its low entry point, flexible tenors, competitive returns, and exciting rewards, it’s a smart choice for anyone looking to take their money further.
So, if you’ve ever wished for an extra salary without the stress of a second job, this program might just be your answer. Start small, stay consistent, and let National Bonds help you transform your savings into a reliable monthly income.
