Fixed Deposit Promotion Malaysia

Take advantage of fd promotions. 2nd september 2020 the best fixed time deposit promotions please call the nearest bank branch to reconfirm the rates go to the bank website to get the contact number. Since fixed deposit accounts are popular choices banks in malaysia offer competitive advantages and rates for their who are willing to sign up for fixed deposit accounts with them.

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In malaysia fixed interest savings products issued by most banks are most commonly called fixed deposit accounts.

Fixed deposit promotion malaysia. Interest rates from fd promotions are usually higher than the board rate. This is a basic hassle free fixed deposit account. Across the asian region some countries call similar bank issued products time deposits china or. Flexible placement periods of between 1 to 60 months to meet your needs.

Say he decides to deposit rm5 000 into a fixed deposit account for 1 month at a rate of 3 interest p a. Find the best fixed deposit rates in malaysia. There is something for you in there. Eligible customer s must open a cimb efixed deposit efd at cimb clicks with a minimum single deposit placement of ringgit malaysia five thousand rm5 000 00 for the tenure of 3 months 6 months or 12 months during the campaign period.

It s really easy to get started with a minimum deposit of just rm500. Now let s take a look at the list in no particular order. He will potentially earn rm150 in interest and also the flexibility of withdrawing his cash at the end of each month. Most banks run fd promotions a few times a year in order to entice new and recurring customers.

The tenure of the fixed deposit account can also affect the interest rate the longer the tenure the higher the interest rate is given. The minimum deposit term that you can have with a bank for a fixed deposit account is for one month and the longest that you can have is up to 5 years. Most fixed deposit accounts in malaysia are also regulated by perbadanan insurans deposit malaysia pidm that gives protection for your investment in the unlikely event of member bank failure. Latest and the best fixed deposit time deposit interest rates promotion offered by malaysia major commercial and foreign banks september 2020 last update.

You can choose anything from a one month term to a five year term and earn interest on your investment. However occasionally they may also be called time deposit accounts as well depending on the bank. Find your fixed deposit account here. And continuously roll overs at maturity for one year.

Campaign rates are applicable for one cycle only. About fixed deposits in malaysia. Term deposit offer via over the counter e term deposit offer via fpx. So when identifying which fixed deposit account to put your money in the main points of consideration should be interest rates minimum deposit amount.

Use the calculator below to find your best fixed deposit and apply for free. Fixed depositsrhb fixed deposits prioritises your financial growth with secure solutions. Fixed growth fast and steady.