Best Fixed Deposit Rate Malaysia

Investment returns rm 240 00 maybank efixed deposit. Fd rates are affected by bnm base ratewhich is different depending on the bank. Fd rates in malaysia are around 2 3 affected by fd promotions and determined by the individual bank.

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Term deposit offer via over the counter e term deposit offer via fpx.

Best fixed deposit rate malaysia. Savings account or included into the fd for renewal. Investment returns rm 255 00 ocbc myr fixed deposit. 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. The affin bank fixed deposit plan allows you to grow your savings with just rm500.

Here are the best fixed deposit promos in malaysia 2020. Original article follows below. Longer tenures of up to 60 months offer interest rates of up to 4 15. Now let s talk about the best fixed deposit investments and interests in malaysia.

Enjoy an overdraft facility that grants quick access to funds with easi fd access. The lowest interest rate recorded in this month s round up is 1 70 bank of nova scotia. Affin efd via online. One of the banks with the lowest point of entry for an fd account.

Bank muamalat malaysia 5 year fixed term deposit. Most banks in malaysia have similar rates for fixed deposit accounts but they may differ slightly here and there. Fd interest can be deposited into another account i e. Check out our rates apply now.

Bank simpanan nasional 1 year term deposit. Grow your money for up to 60 months with high interest rates from ocbc malaysia s myr fixed deposit fd account. Kuwait finance house continues to offer the best rate for fd products with a 12 month tenure. Its currency is the malaysian ringgit myr rm.

What s the best fixed deposit in malaysia. The malaysia economy with a population of 28 25 million est 2010 ranks 30th in the world with a gdp ppp of 384 billion and gdp ppp per capita of 13 800 vs 45 934 united states according to the imf in 2009. Find the best fixed deposit rates in malaysia stashaway simple. Investment returns rm 255 00 maybank fixed deposit account.

It also offers an attractive 3 90 interest rate per annum for a tenure of 12 months. Investment returns rm 240 00 ambank islamic am50plus term. Fd can be placed on auto renewal see faq below. 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.

Bank deposits held for a fixed term in malaysia are called fixed deposits. Below we will share with you types of fixed deposit accounts for each bank the minimum deposit required the interest rate and investment returns.