Fixed Deposit Rate Malaysia 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.
Fixed deposit rate malaysia 2018. Deposit interest rate in malaysia decreased to 2 98 percent in 2019 from 3 10 percent in 2018. All you have to do is gather your spare cash open an fd account and claim your interest at maturity. 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. Cimb islamic malaysia 1 month islamic fixed deposit.
The withdrawal amount shall be in multiples of ringgit malaysia one thousand rm1 000. Up to 2 35 p a. 3 6 12 months offer period. Standard chartered bank malaysia 6 month fixed deposit.
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. New fixed deposits fixed deposits rolled over from 5 march 2018 onwards. Malaysianbanksnews february 22 2018 march 1 2018 public bank fd interest rates public bank fixed deposit 2018 public bank malaysia fd rates leave a reply cancel reply enter your comment here. 4 november to 31 december 2020 this promotion is open to individuals who are the account holders of a current account or savings account or current account i or savings account i and have registered for hong leong connect.
A minimum of ringgit malaysia one thousand rm1 000 per receipt must be maintained till maturity date. Otherwise it will be treated as a full withdrawal of the fixed deposit s. 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. Efixed deposit i interest rate.
For example let s say you want to apply for a 6 month fd with a minimum deposit of rm5 000 at 3 65 per annum p a. Malaysia deposit interest rate deposit interest rate the value for deposit interest rate in malaysia was 3 14 as of 2018. Public islamic bank 1 month fixed term deposit. Bank simpanan nasional 1 month term deposit.