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 0 Learn More. POSB/DBS is not having any FD promotion currently. Receive up to 2.45% p.a. Product Type Tenure Interest Rate (% p.a.) The minimum placement for this promotion is S$10,000. Interest Rate is applicable for a 12 month / 1 year period, same rate applies for residents and non-residents. for only 10mth. This fixed deposit account is available as a joint account with a partner. I'll need to ask you a few more questions to complete your application. when you purchase new public shares or rights issues. 2.35% p.a. and MBSB (4.25%p.a.) So, don't think that your money is doing nothing for you but earning interest, it's working doubly hard as working capital. You will receive S$8.75 after 3 months upon maturity of your S$10,000 placement. Get 0.20% p.a. Effective date: 1 August 2020 This product is not available for new account opening effective 2 January 2013. Tip: You can do a quick comparison of the interest rates for a particular tenure by using the sort indicator. Plus, your interest charges will be calculated daily and automatically paid into your current or savings account. Also it is 0.7 % lower than the highest rate 4.05 Updated Mar, 2018 on RHB's secure website. RHB Commodity Murabahah Deposit-i Minimum Deposit . However, do take note that Bank Rakyat’s FD products are not protected by PIDM. The current highest fixed deposit rate is a RHB board rate. Interest Rate 1.9% p.a. You might be interested in our guide for the highest savings account interest rate. Definitions (a) “10-Month Promotional Rate” refers to the promotional interest rate of 0.50% p.a. Base Rate: BLR: Alliance Bank [ Updated On: 13 Aug 2020 ] 2.57%: 5.42%: Ambank [ Updated On: 13 Aug 2020 ] 2.60%: 5.45%: CIMB Bank [ Updated On: 13 Aug 2020 ] 2.75%: 5.60%: Citibank [ Updated On: 13 Aug 2020 ] 2.40%: 5.55% HongLeong Bank. Early Withdrawal Yes Interest Earned RM462.50; BSN Term Deposit Interest Rate 1.85% p.a. Account-i (PNA-i) Minimum Deposit . for 6mth. 6 months. OTC Rate: 1.88% / 2.08% EFD Rate: - Expired: 31 March 2021. Apply Now. Get up to 0.75% p.a. Get up to 0.60% p.a. Take your time to go through the latest list of FD interest rates offered by the banks today to find the highest fixed deposit rates that suit you . The current Money Lobang National Average Fixed Deposit Rates for January 2021 is 0.47% p.a. RM 1,000. for their 6-month FD, but you have to deposit 50% of your FD amount into a CASA as well. The most common tenures are 6-Month and 12-Month. RHB has new FD promo rate, 4.25%p.a. Open WhatsApp now, What you earn based on the amount that you have in your account. 18 December 2012 31 May 60% FBM KLCI + 40% Maybank's 12 mths FD Rate Valid as of 5 November 2020. Public Bank. OTC Rate: - EFD Rate: 2.00% / 2.10% / 2.20% Expired: 30 April 2021. Maybank Fixed Deposit Interest Rates Starts from 1.90%. Senior FD is only open to RHB Savings or Current Account holders. Read through the Tier 1 and Tier 2 details of the Fixed Deposit offer of CIMB. Singapore Branch Code/Bank Code/SWIFT Code, Citibank SG Branch Code/Bank Code/Swift Code, If viewing on a mobile device, tilt the device horizontally to better see the table, The banks’ column is fixed to allow for easy viewing, Use the horizontal scrollbar to view more tenure period and promotion dates, Footer label also allows for easy viewing. Bank of East Asia is not having any FD promotion currently. Investment Returns RM 180.00. For example, Bank B advertises an interest rate of 4.28% p.a. Early Withdrawal No Interest Earned RM475; Affin Bank Fixed Deposit Interest Rate 1.85% p.a. Other than that, you can use your Fixed Deposit account as collateral against an overdraft facility on your current account with up to 100% margin. Best of 2021  Calculators  Banks  Articles  News. CIMB is currently not having any SGD FD promotions. RHB Singapore Fixed Deposit Review FD Interest Rate. I hope this guide helped you to find the highest interest rate for a fixed deposit account in Singapore for 2020. for 2 option at your choice, 9mth or 12mth. You will need to set up your FD and Current/Savings account with your Identification Card and RM10,000 in cash or cheque. Overall, Islamic FD products continue to offer higher interest rates compared to conventional FD products. And as if that weren't enough, once you're an RHB PAYS account holder you get some extra benefits when you buy shares on the BURSA too, if you buy through RHB your first five orders are commission free. Note: Indicative Effective Lending Rate refers to the indicative annual effective lending rate for a standard 30-year housing loan / home financing product … This is 0.05% more than the norm. Early Withdrawal No Interest Earned RM475; Public Bank PB Golden 50 PLUS FD Account Interest Rate 1.9% p.a. 0 Learn More. If you continue to use this site we will assume that you are happy with it. Maybank Islamic Prosperous Now! RHB is not having any FD promotion currently. This means that if you want to deposit RM10,000 into the FD you've also got to deposit RM5,000 into a CASA bringing the total amount deposited to RM15,000. > Use this FD Interest Calculator to calculate the potential interest. Click for more information about our FDs. Effective Lending Rate The indicative Effective Lending Rate for RHB Bank is 3.50% with effective from 13 July 2020. Investment Returns RM 180.00. Best Fixed Deposit Rates By Tenor. Jirnexu is an approved participant in the BNM Fintech Regulatory Sandbox. RHB Asset Management Sdn Bhd (174588-x) Head Office: Level 8, Tower 2 & 3, RHB Centre, 50400 Kuala Lumpur General Line: 603-9205 8000 FUND PORTFOLIO ANALYSIS FUND STATISTICS The Fund seeks to provide returns through a balanced mix of income and growth. Can I prematurely withdraw from a Tax Saver Term Deposit? 3 / 8 MONTHS FIXED DEPOSIT. The FD rates are definitely becoming more attractive with banks offering more time deposit promotions. Yes. Get more interest on your money with the best fixed deposit rates promotion in January 2021. UOB Bank. RHB has new year end FD promo, which is 3.9%p.a. Check out our rates & apply now. 30 December 2020 UOB Singapore Dollar 10 Months Fixed Deposit Promotion (2 January 2021 – 30 January 2021) Terms and Conditions 1. have better rate comparatively tho. For existing clients, this product is protected by PIDM up to RM250,000 for each depositor. For a tenure of between 7 days to 10 years and a deposit amount of less than Rs.2 crore, some of the banks that offer the highest FD rates are IDFC Bank, Bank of Baroda, Axis Bank, Canara Bank, Punjab National Bank, HDFC Bank, and SBI. Interest Rate (p.a) 1.80%. Computation of Interest . There is currently no fixed deposit promotional rate for RHB … Grow your money for up to 60 months with high interest rates from OCBC Malaysia's MYR Fixed Deposit (FD) Account. Please contact the nearest Maybank branch for the latest rates. for 18 months tenure with minimum deposit of $1,000. Haven't received my message yet? Effective from January 2019, when you make a premature withdrawal of your money in fixed deposit account, no profit will be paid on the withdrawn amount, regardless of the number of completed months at the time of premature withdrawal. (12-month) with ICBC FD when the placement is done via e-banking! Disclaimer: The content on this website is purely for information only, subject to frequent changes. These rates are also for new customers to the bank, although some banks like RHB offer better rates for existing customers who are renewing their fixed deposits. You can scroll to the right for more tenure using the scrollbar). (Due to the low interest rate environment, the rates of fixed deposit have also been lowered in recent months). If you are their priority banking customer, you can get a preferential rate of 0.30% p.a. All rights reserved. The rate of 3.35% is 0.05% lower than the average 3.4%. Affordability and Convenience: fixed deposit amount begin at S$1,000 with a deposit tenor of your choice, and you can begin a new placement via iBanking or at any of DBS/POSB branches ; Added value: you may use your S$ Fixed Deposit as collateral for credit facilities (subject to credit approval) and may make a placement using cash. FUND FACTSHEET - NOVEMBER 2020 All data expressed as at 31 October 2020 unless otherwise stated DISCLAIMER: RHB Asset Management Sdn Bhd (174588-x) Head Office: Level 8, Tower 2 & 3, RHB Centre, 50400 Kuala Lumpur General Line: 603-9205 8000 (12-month) with OCBC fixed deposit promotion! CODES (1 days ago) maximum deposit amount of $75,000 and 3 to 18 months tenure RHB current highest fixed deposit rate is 0.75% p.a. (ICBC) 3-Month: 0.30% p.a. on the Singapore Dollar … Enjoy an overdraft facility that grants quick access to funds with Easi-FD Access. We use cookies to ensure that we give you the best experience on our website. for 15mth. min RM10k fresh fund needed. RHB offers 5.38% FD rate; 4.28% with Public Bank FD Xtra Promotion; Maybank offer up to 4.70% p.a Fixed Deposit Rate; 4% FD Rate by Hong Leong Bank with a chance to win a terrace house; CIMB offers higher returns on your deposits; Affin Bank offers up to 8.88% rate; Enjoy 4.25% pa with Standard Chartered Bank; Public Bank Step Up FD rate of 3.8% With effect from 9 July 2020. And if that's not enough you can use your FD account as collateral for a current account overdraft facility at up to 100 % margin. The banks & financial institutions included are: Clicking on them brings you directly to their official fixed deposit promotion page. Maybank is not having any promotion currently. OTC Rate: - EFD Rate: 2.30% / 2.35% / 2.30% Expired: 31 March 2021. Check the latest fixed deposit rates here. > Use this FD Interest Calculator to calculate the potential interest. Minimum RM500 for FD Tenure of 2 months & above Minimum RM5,000 for FD Tenure of 1 month Residents and non-residents, individual aged 18 years and above, sole proprietorships, firms, societies, associations, financial institutions, government institutions, business enterprises. Most of the time, the higher fixed deposit interest rates are only for a bank’s premium customers. The average monthly highest fixed deposit rate for RHB since 2018 is 1.10% p.a. Please check with the official websites of the respective banks for the most updated information. Fresh Funds are often required, not transferred from the bank’s existing savings/current/fixed deposit accounts. Not bad, it is an option for those who looking for longer tenure rather than 6mth like HLB eFD. BOC is not having any FD promotion currently. (Note: Please give a moment for the table to load. © 2021 Jirnexu Sdn. While we makes every effort to provide accurate and complete information, we strongly recommend that viewers to acquired latest Base Rate / BLR / BFR information directly from its official website respectively. CIMB is offering a promotional rate of 0.35% p.a. interest for RHB Fixed Deposit (Until 31 Dec 2020) Subject to minimum deposit of RM10,000. RM10k & above. Most of the banks require you to deposit fresh funds to qualify for the promotion. RHB has added a nice touch to this FD - you can use your deposit as collateral against an overdraft facility. (24-month) with Sing Investment deposit promotion! I agree to be contacted by RinggitPlus via WhatsApp regarding my application, Hong Leong Priority Banking Fixed Deposit, RHB Senior Fixed Deposit Terms and Conditions, Best Free Airport Lounge Access Credit Cards, Guide to Buying Your First Insurance Plan. Apply Now. The last time RHB had a fixed deposit rate promotion was in May 2020 FD My Second Home (Effective 14/07/2020) Protected by PIDM up to RM250,000 for each depositor. Well, however, SCB (upto 4.49%p.a.) Partial withdrawal is not allowed. Which bank FD rate is high in 2020? 2 Learn More. All interest / dividend rates quoted may change without prior notice. This is the latest update from Maybank’s Fixed Deposit Interest Rate. senior citizens aged 50 years old and above. Bank Rakyat offers the best rate for most FD products this month (3, 6 and 9-month tenure). RM 500 . The minimum deposit commitment is RM10,000 for a tenure of up to 60 months, ideal for sensible retirement planning. (24-month) with HLF FD for fresh funds via online & PayNow! RM 10,000. Interest Rate (p.a) 1.70%. Interest Rate is applicable for a 12 month / 1 year period, same rate applies for residents and non-residents. Interest Rate: Refer below, Minimum Placement: S$5,000, Promotion Valid Until: 30th November 2020. Time to shift them to the best fixed deposit rates in Singapore. 3 / 6 / 12 MONTHS eFIXED DEPOSIT. (HSBC) 8-Month: NA You can click on the sorting arrow to sort the interest rates in ascending or descending order. This is more attractive that UOB, but is less attractive than AmBank, 4.25%p.a. Take your time to go through the latest list of FD interest rates offered by the banks today to find the highest fixed deposit rates that suit you. Reference Rates. HL Bank is not having any FD promotion currently. The RHB Bank Base Rate / BLR Historical Data stated above are for reference only. With effect from 25 May 2020, our deposits interest rates will be revised as follows: Ordinary Fixed Deposit (effective 25 May 2020) Tenure Rates (p.a.) Your savings money in this fixed deposit account is secured by PIDM for up to RM250,000. RHB Asset Management Sdn. Benefits. 7 / 9 MONTHS FIXED DEPOSIT. 6 months. If you are looking for higher rate, 4.38%p.a. 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