6-digit SMS OTP for Online Banking, Mobile Banking and Phone Banking, Avoid possible suspension of your unsecured credit facilities, Receive an American Tourister Linex 66/24 Luggage TSA worth S$260 with Maybank Credit Cards and CreditAble, Refer your friends to apply for Maybank Credit Cards and CreditAble to be rewarded with S$50 Cash Credits, Find out how we've made M2U secure - and how you can keep your online banking experience worry free. 12 months. Among the highest time deposit interest rates in Singapore . With minimum deposit of S$50,001 in 24-month Maybank iSAVvy Time Deposit. Rates show are per annum effectively from 16 July 2014. You choose how long you want to invest (6 – 60 months) Deposit a single amount up to a maximum of R20 million to invest over the term you choose; Minimum deposit amount of R10 000 Overall Comparison. African Bank. Higher interest rates compared to a normal savings account, Greater convenience as new placements can be made anytime, anywhere via Maybank2u. Please contact the nearest Maybank branch for the latest rates. We will be revising the 36 months SGD Time Deposit rate for the following accounts with effect from 5 February 2018:. No: 200701029411). For a minimum amount of S$1,000, you can perform a fixed deposit placement with DBS. 1.70. Joint Account. Enjoy up to 1.00% p.a. Fixed-Term Savings plan (single deposit option) Invest for 6 – 60 months, R20 million maximum investment with a minimum deposit of R10 000. Check out the fixed deposit rate offered by Maybank for various months of placement. OCBC fixed deposit interest rates are lower than UOB’s, offering 0.45% p.a. (0.25% p.a. To update your contact details for SMS Transaction Alerts and One-time Authorisation Codes for online purchases, please click here for the relevant forms. RHB fixed deposit rates (Jan 2021) RHB fixed deposit rate interest rate when you place your fixed deposit in RHB. 48 - 59 months. Enjoy up to 1.60% p.a. The Affin Bank Fixed Deposit plan allows you to grow your savings with just RM500; one of the banks with the lowest point of entry for an FD account. to earn that measly 1% p.a. If you have an existing FD account, placements will be effective immediately. We will be revising the 36 months SGD Time Deposit rate for the following accounts with effect from 5 February 2018: The revised rates are applicable to account(s) opened or renewed after the abovementioned date until further notice. ... MAYBANK ISLAMIC FIXED DEPOSIT RATES. Best viewed on the latest versions of Chrome, Firefox, Edge, Safari. .Valid as of 3 January 2021. Also it is the highest rate for this term period 1.45 Updated Jul, 2018 on Maybank Singapore's secure website Sole Proprietor. Interest rates start from 4,25 percent per month. The 12 months tenor offers promotional compound interest of 1.5%, 1.7%, 1.9% and 2.1% for each quarter, 1-4 respectively, with a minimum deposit of S$5,000. Minimum: RM5,000 Tenure: 3/6/12 months Offer Period: 11 November 2020 to … 1.70. for 36 months) with upfront interest on the next business day and interest-on-interest upon maturity. 2.00. Please contact the nearest Maybank branch for the latest rates. The interest rates for 12 months and above tenors are applicable only to rollover placements at the same tenors. For a 12 months placement of S$10,000 at 1.15% p.a., the interest that you will receive upon maturity is S$115. on maturity) when you place a 36 months SGD iSaVvy Time Deposit online via Maybank Online Banking with minimum amount of $25,000. Based on customer’s notice, the principal amount and the accrued interest will be credited on the day 32. 1.90. Please click here for details on the revised rates. The accrued interest will be calculated daily up to the end of the ‘Notice Period’. Either one of the joint holders can withdraw upon presenting the FD cert at the counter, Either one of the joint holders is allowed to perform the uplilftment, Proceeds of FD can be credited to any of the joint holders' accounts (either joint/individual account linked to Maybank2u.com). Premature withdrawal of less than 3 months - No interest will be paid Premature withdrawal of more than 3 months - The interest is pro-rated based on the number of days the Time Deposit is placed, calculated on the lowest tier of the prevailing Savings Account rate at time of withdrawal or the contracted rate, whichever is lower. Following close behind, Standard Chartered Bank launched their FDR (Fixed Deposit Rate) in September 2016 and Maybank's FDMR (Fixed Deposit Mortgage Rate) started in December 2016. 36 - 47 months. Once the notice is given, the customer is not allowed to change the instructions and uplift the Fixed Deposit until the end of the ‘Notice Period’. 2.10. Minimum deposit of S$1,000 (from 2 months onwards) Placement periods from 1 to 36 months . Promo: Exclusive eFixed Deposit Rates Interest Rate: Up to 2.25% p.a. please contact the bank for more information ... 36 months: 3.40: 48 months: 3.50: 60 months: 3.60 *With effect from 29 January 2018. Automatic renewal of your deposit placements upon maturity With effect from 9 July 2020. What interest rates can you expect from us? The calculation for interest earned through fixed deposit is straightforward. Do not disclose any sensitive information over emails / calls / SMS.Call us immediately. 24 months 1.45% p.a. Enjoy attractive interest rates (up to 2.05% p.a. African Bank has the best fixed deposits for 2020 with a 12.22% interest rate, followed by Discovery Bank at 9.01% and FNB at 7.80%.. Best 60 months fixed deposit rates 1. 60 months. for 24 months fixed deposit with minimum online or offline deposit. For 2 months and above, you will need a lower amount, which is RM1,000. Base Financing Rate (BFR): 5.50% (Effective 10 July 2020) Base Rate (BR): 2.35% (Effective 10 July 2020) The benchmark Cost of Fund (COF) used to determine the BR is the Bank’s Fixed Return Islamic Account-i (FRIA-i) rate for 12 months; Historical series of the Bank’s BR Unfortunately you have to leave it in for 36 months (3 whole years!) In accordance with the Unclaimed Moneys Act 1965 (revised 1989) the money in the Fixed Deposit under Automatic Renewal shall be classified as Unclaimed Moneys if the Fixed Deposit is not operated for a period of seven (7) years from date of deposit or date of last transaction, whichever is later. All rights reserved. More than 24 Months: Maybank at 2.05% per annum for a tenor of 36 months Best interest rate for Fixed Deposit below S$100,000 : 1 Month: UOB … For pre-mature uplifts, the interest paid upfront (if applicable) will be deducted from the principal amount. (0.25% p.a. However, if you are an existing RHB Bank fixed deposit customer, you can also commit for at least 36 months to secure an interest rate of 1.00% p.a.. 3 years is a pretty long time. 1.90. Maybank pegged its DMR to its 36-month fixed deposit rate fordeposits between $1,000 to $50,000. Maybank: 36 months 24 months 18 months 12 or 9 months 6 months 3 months: 1% 0.60% 0.5% 0.45% 0.35% 0.30%: ... How does the bank calculate the interest return on a fixed deposit? 9 months. Effective from 9 July 2020 . Maybank offers interesting interest rates of time deposit for you. All profit rates quoted may change without prior notice. Longer tenures – of up to 60 months … Receive 0.85% p.a. on 36 months Singapore Dollar Time Deposit! Mode of payment for placement is only debiting the account linked to Maybank2u.com, An 8-digit reference number ending with 'E' will be given, Subsequent placement is over the counter (at the home branch), Subsequent placement can be done online and debiting of account in real time, Upliftment can only be done over the counter (at the Home branch), Mode of payment for upliftment can be cash, credit to account or banker's cheque, Only reference numbers with 'E' can be uplifted via Maybank2u.com, FD with certificate needs to be uplifted over the counter (Home branch), Mode of payment for upliftments can only be credited to account linked to Maybank2u.com, Premature withdrawal can be done over the counter for FDs with certificates only, Premature withdrawal with reference number ending with 'E' can be uplifted via Maybank2u.com only, Partial withdrawal can be done over the counter, Modification of FD details such as term, interest payment code or maturity handling can only be done over the counter (Home branch), Modification of FD details such as term, interest payment code or maturity handling can be done over the counter (Home branch) and via Maybank2U.com, 6:00am till 10:00pm, 7 days a week including public holidays, Customers with eOne accounts can place or uplift over the counter for FDs with certificates. 2.00. Currently, FDMR36 is at 1.40% after a recent change from 1.20%. 36 months 1.60% p.a. Terms and Conditions on Fixed Deposit (FD) Premature Withdrawal, With effect from 1 January 2019 (“Effective Date”), the new premature withdrawal rule for all existing, renewed and new placements of Conventional Fixed Deposit are as follows :-, Immediate Fixed Deposit Premature Withdrawal (Without 31 days’ Notice Period), Fixed Deposit Premature Withdrawal (With 31days’ Notice Period). Fixed Deposit Premature Withdrawal (With 31days’ Notice Period) 50% of the contracted interest rate is payable when a ‘Notice Period’ of 31 days (inclusive of the day of notice) is given by the customer at the branch. All eOne Fixed Deposit accounts will be converted to eFixed Deposit and all certificates will be converted to an 8-digit number that ends with 'E'. This account is available for individuals and joint accounts. Real time creation of FD account via Maybank2u.com. Maybank Singapore Limited (UEN: 201804195C). by tenure for the deposit (fraction of a year – e.g. Due to the COVID-19 outbreak, we will accept your online requests to withdraw or amend your Time Deposit instructions without visiting our branches. iSAVvy Time Deposit; Singapore Dollar Time Deposit; Singapore Dollar Privilege Plus Time Deposit; Singapore Dollar Islamic Term Deposit-iThe revised rates are applicable to account(s) opened or renewed after the abovementioned date until further notice. for 36 months) with upfront interest on the next business day and interest-on-interest upon maturity.Valid as of 3 August 2020.. Round-the-clock service with Online and Mobile Banking. 48 - 59 months ... All interest / dividend rates quoted may change without prior notice. Check out the fixed deposit rate offered by Maybank Islamic for various months of placement. 2.10. Click here for more information on the New Premature Withdrawal Rule for Conventional Fixed Deposit, Click here for Conventional Frequently Asked Questions (FAQ), Click here for Terms and Conditions Governing Banking Accounts, Click here for Sample Notice for FD Premature Withdrawal with 31 days' Notice Period, 1st placement: creation of Fixed Deposit account (customers without an FD account), Subsequent placement (customers with an FD account). Account Name Earn fixed rates while enjoying the ease of managing your account online ... 36 - 47 months. Maybank fixed deposit promotions Maybank is running promotions on its $20,000 and $50,000 time deposits. For January, you can earn 1% p.a. for 36 months fixed deposit with minimum online or offline deposit. Rate is applicable for a minimum deposit of $1,000 36 - 47 months. The next best alternative to DBS is usually a Maybank fixed deposit. Profit Rate As this rate is published on the bank’s website, just like the rest of the DMRs out there, it is a very singular and transparent loan peg and any movements will be picked up by the press and all the mortgage comparison sites out there. FIND OUT MORE upfront and 0.40% p.a. Choice of 3, 6, 12, 24 and 36 months It also offers an attractive 3.90% interest rate per annum for a tenure of 12 months. Rates show are per annum. MAYBANK FIXED DEPOSIT RATES. 12 months 1.10% p.a. Enjoy attractive interest rates (up to 1.0% p.a. on maturity) when you place a 24 months SGD iSaVvy Time Deposit online via Maybank Online Banking with minimum amount of $25,000 Receive 0.75% p.a. Enjoy 1.00% interest p.a. Promotion period is from 2 May to 29 June 2013 but may end earlier at … 1.90. 8 months. Enjoy 0.65% interest p.a. Subscribe to RSS    Find us on Facebook     Find us on Instagram. All interest / dividend rates quoted may change without prior notice. Choice of 3, 6, 12, 24 and 36 months :196001000142) Maybank Islamic Berhad (Co. Reg. 11 months. What is the minimum deposit of Maybank eFixed Deposit? How are interest rate for fixed deposit calculated? for minimum $20,000 deposit for at least 12 months. Example of Immediate FD Premature Withdrawal Calculation: A notice in writing with the intention to premature the FD (With Notice Period) must be given to the branch. This FD account is for a 3 month tenure which requires a minimum investment of RM1000 for tenures over 2 months. © 2021 Malayan Banking Berhad (Co.Reg.No. The rate of 1.45% is 0.69% higher than the average 0.76%. node.content_display_type.children.ct_title[0]. Maybank Fixed Deposit, below is the information on the Maybank Fixed Deposit. Fixed Deposit e-Islamic Fixed Deposit-i. For all individuals with a Maybank account. OCBC and UOB launched FDMR (Fixed Deposit Mortgage Rate) in February 2016 and FDPR (Fixed Deposit Property Rate) in April 2016 respectively. Beware of phishing emails / calls / SMS targeting Maybank customers. For 1-month placement, you will need at least RM5,000. Earn fixed rates while enjoying the ease of managing your account online, *Protected by PIDM up to RM250,000 for each depositor. Table to compare home loan fixed deposit … The newly created account and placement details can be viewed immediately. Customer must have a current or savings account with the Bank. Maybank 36-month Fixed Deposit Rate (FDMR36) Maybank defines FDMR36 as the 36-month Fixed Deposit Rate for at least $1000 deposit and above. in Singapore Dollar Time Deposit. Prosperous Now Account-i ... 1.70. Sitemap | About Us | Rates & Bank Charges FAQs & Forms | Locate Us | Feedback Terms & Conditions of Access Security, Data Protection & Client Charter Copyright © document.write(new Date().getFullYear()); Maybank. All rights reserved. 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