Best Fd Rate Malaysia
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.
Best fd rate malaysia. I want to save. As a result banks have revised the interest profits rates on fixed deposit accounts to match the current financial situation. Below we will share with you types of fixed deposit accounts for each bank the minimum deposit required the interest rate and investment returns. Park your cash in the fd account and you get back your initial deposit principal along with interest of 3 65 per annum p a or an effective interest rate eir of 1 82 after 6 months.
Most banks in malaysia have similar rates for fixed deposit accounts but they may differ slightly here and there. Rhb 3 month fixed deposit. Use the calculator below to find your best fixed deposit and apply for free. Standard chartered bank malaysia 1 year fixed deposit.
Show islamic products only. Affin bank berhad 1 month fixed term deposit. Fd interest can be deposited into another account i e. Which is being offered by hdfc bank and axis bank for the general public.
According to her the fd pledge amount must match the one enjoying the promo rate ie tak boleh pledge a 3k fd for cc and place another 50k fd with promo rate. Fd rates in malaysia are around 2 3 affected by fd promotions and determined by the individual bank. I want to save rm 20000 for 6 months. Find the best fixed deposit rates in malaysia.
10 cashback is fcfs max rm100x3mths for all the pusing pusing kerja and the lower effective rate better just park with affin 2 5 2 48. Here are the best fixed deposit promos in malaysia 2020. The lowest interest rate recorded in this month s round up is 1 70 bank of nova scotia. Original article follows below.
Public islamic bank 3 month fixed term deposit. What s the best fixed deposit in malaysia. We have combed through the market and found the best fixed deposits in malaysia for 2020 according to your needs. Now let s talk about the best fixed deposit investments and interests in malaysia.
The next highest interest rate is 5 50 p a. Best tax saver fd interest rates. Fd rates are affected by bnm base ratewhich is different depending on the bank. Fd can be placed on auto renewal see faq below.
Savings account or included into the fd for renewal. Kuwait finance house continues to offer the best rate for fd products with a 12 month tenure. The highest interest rate on tax saver fds is being offered by idfc bank at 6 75 p a.