Fixed Deposit Rate Malaysia 2019 Public Bank

Above the prevailing plus fixed deposit interest rates for the respective tenures. Rm10 000 per fixed deposit receipt. Public bank fixed term deposit with 1 to 8 months tenure.

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Frankly the fixed deposits interest rate between the banks in malaysia is not much different.

Fixed deposit rate malaysia 2019 public bank. From 1 55 to 1 60 p a. Bangkok bank fixed deposit with 6 to 12 months tenure. 29 may 2019 2 95. Credit into the customer s savings or current account maintained with the bank on a monthly basis or.

Across the asian region some countries call similar bank issued products time deposits china or. Best malaysia deposit interest rates. Also share it with your friends so they can start making some extra money too. Rates charges deposit interest rates.

Public bank is affected by these decisions and when setting 1 year rates they would need to forecast bnm policies into the future when increasing decreasing or keeping the same public bank s malaysian ringgit fixed deposits. Bank 1 month 3 months 6 months 12 months. Above the prevailing 15 months plus fixed deposit interest rates. Don t forget to check this article from time to time for the latest fixed deposit promotions.

Choose the nearest branch or try to put efd using online banking system. Alliance bank updated on. 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. From the above chart the highest interest rate is given by affin bank 3 90 and other banks are 2 85 3 10.

Deposit interest rate in malaysia decreased to 2 98 percent in 2019 from 3 10 percent in 2018. 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. About fixed deposits in malaysia. This page includes a chart with historical data for deposit interest rate in malaysia.

In malaysia fixed interest savings products issued by most banks are most commonly called fixed deposit accounts. Public bank a complete one stop financial portal offering a range of accounts credit cards loans deposits and other financial aids for our personal and commercial customers. However occasionally they may also be called time deposit accounts as well depending on the bank. Besides the promotions listed above you can also check out our fixed deposit rates page here from all the banks in malaysia that is updated daily.

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.