- Malaysia Fixed Deposit Interest RatesBy financial mortgages on July 18, 2010 | No Comments
Malaysia fixed deposit interest rates may change any time with no advance notice by the banking institution. Most of the time the adjustment is dependent on the Base Lending Rates (BLR) on the market.
Depositors will be getting higher returns for their savings as banks raise interest rates for fixed deposits (FD) in tandem with the rise in Base Lending Rates (BLR).
Not only that, fixed deposit interest rates are a reflection of market-based factors such as KLIBOR (Kuala Lumpur Interbank Offer Rates) plus the competitive and regulatory environment and the desire for banks to achieve a particular nature of funding mix.
Based on the latest fixed deposit interest rates, you can get up to 3.30% for 12 months tenure from now on.
Will you choose to migrate your saving into fixed deposits account? Or do you prefer to invest your saving in mutual fund?
Latest Fixed Deposit Interest Rates
Banking Institution Min. Age Senior Citizen Account Min. Deposit
(RM)Min. Tenure
(Mths)Rates % (p.a.)
Tenure (Mths)Partial Withdrawal Frequency of Interest Payment 1 Mth >1 Mth 1 3 6 9 12 Affin Bank Berhad Fixed Deposit No 5000 500 1 2.80 2.85 3.00 3.05 3.30 Yes Upon maturity Alliance Bank Malaysia Berhad Conventional FD 18 No 5000 500 1 2.50 2.50 2.60 2.60 2.80 No Upon maturity Alliance FDGold 40 Yes 30000 12 2.90 Yes Monthly AmBank (M) Berhad Conventional Fixed Deposit 18 No 5000 500 1 2.75 2.75 2.90 3.00 3.10 No Upon maturity Am50Plus 49 Yes 5000 6 2.95 3.05 3.15 No Monthly InterestPlus 18 No 5000 1000 1 33.73 12.91 7.81 6.09 5.61 No Upon maturity AmQuantum 18 No 5000 9 3.00 No Quarterly Bangkok Bank Berhad Fixed Deposit Account 18 No 5000 1 2.50 2.55 2.65 2.65 2.80 Yes Upon maturity Bank of China (Malaysia) Berhad Fixed Deposit Account 18 No 5000 1000 1 2.50 2.50 2.60 2.60 2.80 No Upon maturity Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad Fixed Deposit 21 No 5000 1000 1 2.75 2.75 2.75 2.75 3.25 No Upon maturity CIMB Bank Berhad Fixed Deposit No 5000 1000 1 2.50 2.50 2.60 2.60 2.80 No Upon maturity Fixed deposit 50 Yes 5000 1000 1 2.25 2.30 2.35 2.35 2.75 No Upon maturity Citibank Berhad Time Deposit 18 No 5000 1000 1 2.65 2.75 2.80 2.80 2.90 Yes Upon maturity Deutsche Bank (Malaysia) Berhad Fixed Deposit 18 No 5000 1000 1 2.40 2.50 2.50 2.50 2.80 Yes Upon maturity EON Bank Berhad Normal Fixed Deposit 18 No 5000 500 1 2.60 2.70 2.75 2.75 3.00 No Upon maturity V50 Fixed Deposit 50 Yes 5000 500 1 2.60 2.70 2.75 2.75 3.00 No Monthly Earn Now Fixed Deposit 18 No 10000 3 2.60 2.70 2.75 2.75 3.00 No Hong Leong Bank Berhad Hong Leong Fixed Deposit 18 No 5000 500 1 2.65 2.65 2.70 2.70 2.85 No Upon maturity Hong Leong Senior Savers Fixed Deposits 55 Yes 30000 3 2.65 2.70 2.70 2.85 No Upon maturity HSBC Bank Malaysia Berhad HSBC Time Deposit 12 No 5000 1000 1 2.55 2.70 2.70 2.70 2.85 No Upon maturity HSBC Premier Flexi Time Deposit 18 No 5000 1000 1 2.55 2.70 2.70 2.70 2.85 Yes Monthly PVA Flexi TMD 21 No 5000 1000 1 2.55 2.70 2.70 2.70 2.85 Yes Monthly J.P. Morgan Chase Bank Berhad Fixed Deposit No 5000 1 2.40 2.45 2.50 2.50 2.50 Yes Upon maturity Malayan Banking Berhad Flexi Fixed Deposit 18 No 5000 1000 1 2.75 2.75 2.80 2.80 2.90 Yes Upon maturity OCBC Bank (Malaysia) Berhad OCBC Fixed Deposit Account 18 No 5000 1000 1 2.50 2.50 2.60 2.60 2.80 Yes Upon maturity Public Bank Berhad Fixed Deposit Plus 18 No 5000 500 1 2.75 2.75 2.80 2.80 2.85 Yes Monthly RHB Bank Berhad RHB FD P.A.Y.S 18 No 10000 3 2.75 No Monthly Ordinary FD Tier 1 18 No 5000 500 1 2.75 2.75 2.95 2.95 3.10 No Upon maturity RHB Senior FD 50 Yes 10000 10000 12 3.10 No Monthly Standard Chartered Bank Malaysia Berhad Flexi Time Deposit 18 No 5000 1000 1 2.25 2.25 2.25 2.40 2.60 Yes Upon maturity The Bank of Nova Scotia Berhad Fixed Deposit 18 No 5000 1000 1 2.50 2.50 2.60 2.60 2.80 No Monthly The Royal Bank of Scotland Berhad Fixed Deposit No 5000 1000 1 2.50 2.50 2.50 2.50 2.60 No Upon maturity United Overseas Bank (Malaysia) Berhad Fixed Deposit Normal 18 No 5000 500 1 2.60 2.65 2.70 2.70 2.85 No Upon maturity Golden Saver 50 Yes 100000 100000 1 2.85 2.90 2.95 2.95 2.95 No Upon maturity Last updated: 14/07/2010
Visit www.bankinginfo.com.my for more details.
