Highest Fd Rate Malaysia
The highest interest rate on tax saver fds is being offered by idfc bank at 6 75 p a.
Highest fd rate malaysia. Apply easy and for free with imoney. 2 year rate 4 00. The next highest interest rate is 5 50 p a. For example bank b advertises an interest rate of 4 28 p a.
Highest rates by term below results goes to bank page 5 year rate 4 45. My colleague told me that she had put her money in bank rakyat fixed deposit. Highest fd rates in malaysia. Term deposit offer via over the counter e term deposit offer via fpx effective rate.
Which is being offered by hdfc bank and axis bank for the general public. Mbsb bank is regulated and supervised by bank negara malaysia under the islamic financial services act 2013. Longer tenures of up to 60 months offer interest rates of up to 4 15. 6 months offer period.
About fixed deposits in malaysia. Top 1 month fd rates in. For their 6 month fd but you have to deposit 50 of your fd amount into a casa as well. 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.
It also offers an attractive 3 90 interest rate per annum for a tenure of 12 months. Savings account or included into the fd for renewal. Bank rakyat 5 year term deposit. A term deposit account which offers you up to 60 months tenure with predetermined fixed profit rate based on the shariah concept of tawarruq.
3 months offer period. Fd rates in malaysia are around 2 3 affected by fd promotions and determined by the individual bank. 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. Up to 2 90 p a.
Fd can be placed on auto renewal see faq below. May 11 2020 home financial plan banking. Here are the highest interest fixed deposit accounts in malaysia arranged by duration. 5 august to 30 september 2020 2.
Fixed deposit i premier deal effective rate. Use imoney fixed deposit online calculator to compare highest fixed deposit interest rates for each malaysian bank. The tables below will be updated every month. One of the banks with the lowest point of entry for an fd account.
Fd rates are affected by bnm base ratewhich is different depending on the bank. Bank account interest rate term. 1 year rate 4 05. Ocbc premier banking promo.
Protected by pidm up to rm250 000 for each depositor. 13 july to 31 december 2020. After she done some research she found that the bank s fixed deposit pay the highest rate. Malaysia fixed deposit rates.