Highest Fd Rate In Malaysia 2018
Sep 1 2020 subscribe on youtube fixed deposits fd rates in malaysia are around 2 3 affected by fd promotions and determined by the individual bank.
Highest fd rate in malaysia 2018. Affin efd via online. Read the latest fixed deposit news in malaysia here. Top 1 month fd rates in. 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.
Fixed deposits fd are a financial instrument from banks providing fd holders with higher returns than a normal savings checking account. However banks offer different interest rates on fixed deposits depending on the period of investment. So when identifying which fixed deposit account to put your money in the main points of consideration should be interest rates minimum deposit amount and if they are insured by pidm. This means that if you want to deposit rm10 000 into the fd you ve also got to deposit rm5 000 into a casa bringing the total amount deposited to rm15 000.
Currently the ratnakar bank offers the highest interest rate on fixed deposit for a period of 1 year at the rate of 7 10. Apply easy and for free with imoney. 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 the member bank failure. Here are the highest interest fixed deposit accounts in malaysia arranged by duration.
The tables below will be updated every month. Top 10 credit cards. Fixed deposit interest rates 2018. Use imoney fixed deposit online calculator to compare highest fixed deposit interest rates for each malaysian bank.
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. For their 6 month fd but you have to deposit 50 of your fd amount into a casa as well. Personal loan short term loan home loan car loan two wheeler loan used car loan education loan. Term deposit offer via over the counter e term deposit offer via fpx.
Here are the best fixed deposit promos in malaysia 2020.