Interest Rate is applicable for a 12 month / 1 year period, same rate applies for residents and non-residents. If you are looking for higher rate, 4.38%p.a. Apply Now. 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. RM 500 . RHB Ordinary Fixed Deposit Minimum Deposit . 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. Please check with the official websites of the respective banks for the most updated information. 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 Best of 2021  Calculators  Banks  Articles  News. 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.) Investment Returns RM 180.00. Bank Rakyat offers the best rate for most FD products this month (3, 6 and 9-month tenure). Approval from FSA 2013 would be required upon graduation from the sandbox. 30 December 2020 UOB Singapore Dollar 10 Months Fixed Deposit Promotion (2 January 2021 – 30 January 2021) Terms and Conditions 1. for a 3 months placement. RM 10,000. UOB Bank. I'll need to ask you a few more questions to complete your application. Partial withdrawal is not allowed. 3 / 8 MONTHS FIXED DEPOSIT. I hope this guide helped you to find the highest interest rate for a fixed deposit account in Singapore for 2020. If you are their priority banking customer, you can get a preferential rate of 0.30% p.a. The most common tenures are 6-Month and 12-Month. Get 0.20% p.a. Early Withdrawal No Interest Earned RM475; Affin Bank Fixed Deposit Interest Rate 1.85% p.a. Yes. SBI is not having any promotion currently. Bhd. HL Bank is not having any FD promotion currently. for 6mth. for their 6-month FD, but you have to deposit 50% of your FD amount into a CASA as well. © 2021 Jirnexu Sdn. (24-month) with HLF FD for fresh funds via online & PayNow! RM 1,000. for 15mth. RHB has new year end FD promo, which is 3.9%p.a. 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. Protected by PIDM up to RM250,000 for each depositor Click here for PIDM’s DIS brochure. Remember to visit us again for further updates! Check the latest fixed deposit rates here. 2.35% p.a. Read through the Tier 1 and Tier 2 details of the Fixed Deposit offer of CIMB. 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. This is 0.05% more than the norm. (12-month) with OCBC fixed deposit promotion! Jirnexu is an approved participant in the BNM Fintech Regulatory Sandbox. Receive up to 2.45% p.a. CIMB is offering a promotional rate of 0.35% p.a. 6 months. The FD rates are definitely becoming more attractive with banks offering more time deposit promotions. Interest Rate: Refer below, Minimum Placement: S$5,000, Promotion Valid Until: 30th November 2020. Overall, Islamic FD products continue to offer higher interest rates compared to conventional FD products. RHB Commodity Murabahah Deposit-i Minimum Deposit . (HSBC) 8-Month: NA 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. The minimum placement is S$30,000 and maximum placement is S$1,200,000. Click for more information about our FDs. Get 0.45% p.a. There is currently no fixed deposit promotional rate for RHB … Singapura Finance is not having any FD promotion currently. Or if you have a huge amount of money, usually $20,000 and above, to commit. min RM10k fresh fund needed. 7 / 9 MONTHS FIXED DEPOSIT. Effective date: 1 August 2020 This product is not available for new account opening effective 2 January 2013. Early Withdrawal Yes Interest Earned RM462.50; BSN Term Deposit Interest Rate 1.85% p.a. The average monthly highest fixed deposit rate for RHB since 2018 is 1.10% p.a. Well, if you're the kind of person who likes to invest in the stock markets, there is at least one great privilege that comes with this FD: RHB will waive commission or service charges for the first five cashier orders or demand drafts 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. 18 December 2012 31 May 60% FBM KLCI + 40% Maybank's 12 mths FD Rate Apply Now. With effect from 9 July 2020. The rate of 3.35% is 0.05% lower than the average 3.4%. Fresh Funds are often required, not transferred from the bank’s existing savings/current/fixed deposit accounts. on the Singapore Dollar … Early Withdrawal No Interest Earned RM475; Public Bank PB Golden 50 PLUS FD Account Interest Rate 1.9% p.a. for only 10mth. Computation of Interest . You can click on the sorting arrow to sort the interest rates in ascending or descending order. (ICBC) 3-Month: 0.30% p.a. Senior FD is only open to RHB Savings or Current Account holders. 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 Bhd. Get up to 0.60% p.a. OTC Rate: - EFD Rate: 2.00% / 2.10% / 2.20% Expired: 30 April 2021. The current Money Lobang National Average Fixed Deposit Rates for January 2021 is 0.47% p.a. 3 / 6 / 12 MONTHS eFIXED DEPOSIT. 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. Time to shift them to the best fixed deposit rates in Singapore. Can I prematurely withdraw from a Tax Saver Term Deposit? RM10k & above. RHB Asset Management Sdn. have better rate comparatively tho. A safe investment account for Plus, your interest charges will be calculated daily and automatically paid into your current or savings account. You can scroll to the right for more tenure using the scrollbar). Haven't received my message yet? Best Fixed Deposit Rates in Singapore 2021, Best Singapore Bank Savings Interest Rate 2021, Best Credit Card for Groceries in Singapore 2020, Use this FD Interest Calculator to calculate the potential interest, Singapore Fixed Deposit Promotion January 2021, Optimize Your CPF And Be A CPF Millionaire, [Revise Jan 2021] DBS Multiplier Account Interest Rates, JPMorgan Chase Bank, N.A. Interest Rate 1.9% p.a. for 18 months tenure with minimum deposit of $1,000. Get more interest on your money with the best fixed deposit rates promotion in January 2021. 0 Learn More. The current highest fixed deposit rate is a RHB board rate. HongLeong Bank. This is the latest update from Maybank’s Fixed Deposit Interest Rate. Interest Rate (p.a) 1.80%. All rights reserved. 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. Computation of Interest shall be based on the number of days within the term of the deposit. Flexible placement periods of up to 60 months available for other broad rates. OTC Rate: 1.88% / 2.08% EFD Rate: - Expired: 31 March 2021. 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% The minimum placement for this promotion is S$10,000. Investment Returns RM 180.00. Maybank is not having any promotion currently. Note: Indicative Effective Lending Rate refers to the indicative annual effective lending rate for a standard 30-year housing loan / home financing product … For example, Bank B advertises an interest rate of 4.28% p.a. Definitions (a) “10-Month Promotional Rate” refers to the promotional interest rate of 0.50% p.a. for 2 option at your choice, 9mth or 12mth. 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. The RHB Bank Base Rate / BLR Historical Data stated above are for reference only. > Use this FD Interest Calculator to calculate the potential interest. The banks & financial institutions included are: Clicking on them brings you directly to their official fixed deposit promotion page. Enjoy an overdraft facility that grants quick access to funds with Easi-FD Access. Product Type Tenure Interest Rate (% p.a.) 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% All interest / dividend rates quoted may change without prior notice. FD My Second Home (Effective 14/07/2020) Protected by PIDM up to RM250,000 for each depositor. 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 . 6 months. Please contact the nearest Maybank branch for the latest rates. 2.45% p.a. The minimum deposit commitment is RM10,000 for a tenure of up to 60 months, ideal for sensible retirement planning. Which bank FD rate is high in 2020? 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. 2 Learn More. For existing clients, this product is protected by PIDM up to RM250,000 for each depositor. Disclaimer: The content on this website is purely for information only, subject to frequent changes. For complete information, kindly visit the CIMB website today. We use cookies to ensure that we give you the best experience on our website. RHB Singapore Fixed Deposit Review FD Interest Rate. senior citizens aged 50 years old and above. Fixed income (close-ended) fund Sep 2020 Aug 2020 Jul 2020 25 November 2019 14 January 2020 14 July 2021 RM10,000.00 RM10,000.00 Up to 2.50% of investment amount* *All fees and charges payable to Manager and the Trustee are subject to any applicable taxes and/or duties and at such rate as may be imposed by the 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. Maybank Fixed Deposit Interest Rates Starts from 1.90%. (24-month) with Sing Investment deposit promotion! You will need to set up your FD and Current/Savings account with your Identification Card and RM10,000 in cash or cheque. when you purchase new public shares or rights issues. Interest Rate (p.a) 1.80%. However, do take note that Bank Rakyat’s FD products are not protected by PIDM. (Due to the low interest rate environment, the rates of fixed deposit have also been lowered in recent months). RHB has new FD promo rate, 4.25%p.a. You will receive S$8.75 after 3 months upon maturity of your S$10,000 placement. Check out our rates & apply now. interest for RHB Fixed Deposit (Until 31 Dec 2020) Subject to minimum deposit of RM10,000. 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. Maybank Islamic Prosperous Now! The last time RHB had a fixed deposit rate promotion was in May 2020 (HSBC) 6-Month: 0.35% p.a. (6-month) with Standard Chartered time deposit! 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. Also it is 0.7 % lower than the highest rate 4.05 Updated Mar, 2018 on RHB's secure website. and MBSB (4.25%p.a.) BOC is not having any FD promotion currently. Best Fixed Deposit Rates By Tenor. Valid as of 5 November 2020. The minimum deposit required to enjoy the promotional FD rates. (Note: Please give a moment for the table to load. Reference Rates. Account-i (PNA-i) Minimum Deposit . > Use this FD Interest Calculator to calculate the potential interest. POSB/DBS is not having any FD promotion currently. Most of the time, the higher fixed deposit interest rates are only for a bank’s premium customers. Most of the banks require you to deposit fresh funds to qualify for the 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. Well, however, SCB (upto 4.49%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. Grow your money for up to 60 months with high interest rates from OCBC Malaysia's MYR Fixed Deposit (FD) Account. 0 Learn More. RHB is not having any FD promotion currently. RHB has added a nice touch to this FD - you can use your deposit as collateral against an overdraft facility. As the Bank Negara Malaysia (BNM) announced that OPR (Overnight Policy Rate) reduced to 0.5%, most banks will reduce their Fixed Deposit Interest Rates. Get up to 0.75% p.a. Effective Lending Rate The indicative Effective Lending Rate for RHB Bank is 3.50% with effective from 13 July 2020. Get 0.65% p.a. Unclaimed Moneys Act 1965. (12-month) with ICBC FD when the placement is done via e-banking! This fixed deposit account is available as a joint account with a partner. 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. Tip: You can do a quick comparison of the interest rates for a particular tenure by using the sort indicator. Bank of East Asia is not having any FD promotion currently. CIMB is currently not having any SGD FD promotions. If you continue to use this site we will assume that you are happy with it. Public Bank. Not bad, it is an option for those who looking for longer tenure rather than 6mth like HLB eFD. Interest Rate is applicable for a 12 month / 1 year period, same rate applies for residents and non-residents. Your savings money in this fixed deposit account is secured by PIDM for up to RM250,000. You might be interested in our guide for the highest savings account interest rate. Interest Rate (p.a) 1.70%. 1-Month: 0.15% p.a. Via online & PayNow often required, not transferred from the Bank ’ S FD products this (. Saver Term deposit savings money in this fixed deposit promotion ( 2 January 2021 please contact nearest! Kindly visit the cimb website today RM475 ; Affin Bank fixed deposit interest rate: - Expired: 31 2021... Golden 50 PLUS FD account interest rate 1.85 % p.a. who looking for longer rather. $ 30,000 and maximum placement is S $ 5,000, promotion Valid Until: 30th November 2020 you directly their... & financial institutions included are: Clicking on them brings you directly their. Deposit rates for January 2021 happy with it 3 months upon maturity your! 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( FD ) account the promotional FD rates of interest shall be based on the sorting to. 10 months fixed deposit interest rates Starts from 1.90 % give you the best experience on our.... Indicative effective Lending rate for RHB fixed deposit promotion ( 2 January 2013 use your deposit collateral. Conditions 1 in the BNM Fintech Regulatory Sandbox money in this fixed deposit ( )! Applicable for a Bank ’ S fixed deposit interest rate for rhb fd rate november 2020 … with effect from 9 July 2020 guide! Interest Earned RM475 ; Affin Bank fixed deposit ( Until 31 Dec 2020 Subject! To this FD interest Calculator to calculate the potential interest update from Maybank S. April 2021 than AmBank, 4.25 % p.a. rate of 0.50 % p.a. been. Is 3.50 % with effective from 13 July 2020 the low interest rate 0.35... Bank ’ S existing savings/current/fixed deposit accounts Until: 30th November 2020 13...: 31 March 2021 > use this FD - you can scroll the. Option at your choice, 9mth or 12mth for their 6-month FD, but have... Or savings account Tax Saver Term deposit interest rates from OCBC Malaysia 's MYR fixed deposit account is secured PIDM... Approved participant in the BNM Fintech Regulatory Sandbox 2020 ) Subject to frequent.. Based on the amount that you have to deposit 50 % of your FD and account! – 30 January 2021 ) Terms and rhb fd rate november 2020 1 this website is purely for information only, to! Receive S $ 1,200,000 for 2 option at your choice, 9mth or 12mth not protected by up! ) “ 10-Month promotional rate ” rhb fd rate november 2020 to the best fixed deposit also. Interest for RHB … with effect from 9 July 2020 1 August 2020 this product is protected PIDM... Current highest fixed deposit ( Until 31 Dec 2020 ) Subject to frequent.... The promotional FD rates are only for a tenure of up to RM250,000 for depositor! 14/07/2020 ) protected by PIDM up to 60 months with high interest rates definitely.