Fixed Deposit Rate Malaysia 2018
6 months offer period.
Fixed deposit rate malaysia 2018. As the graph below shows over the past 52 years this indicator reached a maximum value of 9 75 in 1982 and a minimum value of 2 08 in 2009. Deposit interest rate in malaysia decreased to 2 98 percent in 2019 from 3 10 percent in 2018. In the event that your bank fails pidm protects you against the loss of your deposits but only for up to rm250 000 per depositor per bank. Deposit interest rate is the rate paid by commercial or similar banks for demand time or savings deposits.
Effective from 9 july 2020. Ocbc premier banking promo. Up to 2 90 p a. For the term deposits maturing in 46 90 days the rate of interest offered is 6 25.
1 september 2020 best fixed deposit promos september 2020. In malaysia all deposits made at a member bank are automatically protected by perbadanan insurans deposit malaysia pidm. Deposit interest rate in malaysia averaged 4 90 percent from 1980 until 2019 reaching an all time high of 9 75 percent in 1982 and a record low of 2 08 percent in 2009. Bank muamalat malaysia 5 year fixed term deposit.
Term deposit offer via over the counter e term deposit offer via fpx effective rate. For ringgit fixed deposit or ringgit fixed deposit i placed on and after 5 march 2018 no interest profit will be paid at all for premature withdrawal early settlement made on or after 1 january 2019. Will earn rm170 in interest. For the fixed deposit maturing in 7 days to 14 days the interest rate offered by the bank is 3.
Fixed deposit i premier deal effective rate. Rates for maybank fixed deposit account. 5 august to 30 september 2020 2. All interest dividend rates quoted may change without prior notice.
Auto renewing a fixed deposit investment can be to repeat the same tenure but the interest rate may not necessarily be the same. We provide monthly updates on the best fixed deposit rates in malaysia with tables showing the top 5 rates for the duration of 1 3 6 9 and 12 months. The value for deposit interest rate in malaysia was 3 14 as of 2018. 13 july to 31 december 2020.
For a tenure of 15 29 days and 20 45 days the interest rate will be 4 and 5 respectively.