Malaysia Bank Fixed Deposit Rate 2020

Latest blr base rate fixed deposit interest rates from every bank in malaysia.

Malaysia bank fixed deposit rate 2020. 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. Looking for the best and latest fixed deposit promos in malaysia. As a result banks have revised the interest profits rates on fixed deposit accounts to match the current financial situation. If you are their priority banking customer you can get a preferential rate of 0 30 p a.

Rates for maybank fixed deposit account. 26 oct to 3 nov 2020. Rates can fluctuate depending on various factors including monetary policy by the portal rasmi bank negara malaysia bnm gov my. Let s have a look on malaysia bank fixed deposit rates in year 2020.

Effective from 9 july 2020. Subject to online banking withdrawal limit by customer s bank. A very detail info compilation done by our sales agent to save your reading time on laundrybar investment scheme and interest scheme act. Public bank fixed deposit term deposit i 2 08 3 months 2 28 8 months rm10 000.

Standard chartered sgd fixed deposit. Say he decides to deposit rm5 000 into a fixed deposit account for 1 month at a rate of 3 interest p a. 12 aug to 31 dec 2020. Subscribe to our newsletter.

We at loanstreet compiled a list of the most recent fixed deposit promotions in 2020. The minimum placement is s 25 000. Rm10 million 3 months 8 months. He will potentially earn rm150 in interest and also the flexibility of withdrawing his cash at the end of each month.

And continuously roll overs at maturity for one year. We have combed through the market and found the best fixed deposits in malaysia for 2020 according to your needs. Public bank efd via fpx. Ocbc bank online fd promo 1 90.

The highest rate is 4 70 p a. All interest dividend rates quoted may change without prior notice. We know you love. It s a type of an investments account that allows you to invest a lump of money for a fixed time period and at a fixed rate of interest.

There are many different types account options available including malaysia shariah compliant deposit accounts. Local deposits are denominated in the national currency the malaysian ringgit rm myr. Latest bank lending fixed deposit interest rates. In malaysia all deposits made at a member bank are automatically protected by perbadanan insurans deposit malaysia pidm.