Bank Rakyat Fixed Deposit Rate 2020

Minimum tenure is one 1 day.

Bank rakyat fixed deposit rate 2020. The interest rates have been reduced for fds that mature in one year and two years. Interest for 9 months fixed deposit. 4 fd rate by hong leong bank with a chance to win a terrace house. Interest for 24 months fixed deposit.

Maybank offer fd rate of 8 28. In malaysia all deposits made at a member bank are automatically protected by perbadanan insurans deposit malaysia pidm. Shariah concept tawarruq minimum deposit rm 500 2 to 60 months minimum deposit rm 5 000 1 month members of the bank rakyat offered 0 1 higher than the benefits offered to the public. 4 28 with public bank fd xtra promotion.

Interest for 12 months fixed deposit. After she done some research she found that the bank s fixed deposit pay the highest rate. Britama valas save in foreign currency and enjoy transaction flexibility and competitive exchange rates. Deposit of more than rm5 000 profit can be paid monthly minimum 6 months automatic renewal upon request.

Applicable to minimum placement of rm500 and above. The new interest rates will come into effect immediately. Profit rate is determined at the opening of an account. The interest rates have remained the same for other tenures.

Maybank offer up to 4 70 p a fixed deposit rate. Hdfc bank india s largest private sector bank cut the interest rates on its fixed deposits fds on 15 october 2020. Rm60 001 to rm10 000 000 per certificate. Cimb offers higher returns on your deposits.

Profit rate is based on the bank s prevailing profit rate and determined upon placement of deposit together with the tenure. May 11 2020 home financial plan banking. 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. Bank rakyat deposit i is a shariah compliant fixed deposit account that pays you high rate of returns on your placement.

Affin bank offers up to 8 88 rate. With fixed monthly deposits this investment savings comes with a life insurance coverage. Public bank super fd offer 8 88 rate. Bank rakyat fixed deposit also known as qiradh investment account i or akaun pelaburan am i qiradh.

This fixed deposit account is open to anyone aged 18 years old and above malaysian and non malaysian alike. Depositor may choose manner of profit payment either on a monthly basis or upon maturity.