Malaysia Fd Rate 2018

For their 6 month fd but you have to deposit 50 of your fd amount into a casa as well. For example bank b advertises an interest rate of 4 28 p a. Deposit interest rate in malaysia decreased to 2 98 percent in 2019 from 3 10 percent in 2018.

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Malaysia fd rate 2018. Interest rate in malaysia averaged 2 98 percent from 2004 until 2020 reaching an all time high of 3 50 percent in april of 2006 and a record low of 1 75 percent in july of 2020. Deposit interest rate in malaysia averaged 4 90 percent from 1980 until 2019 reaching an all time high of 9 75 percent in 1982 and a record low of 2 08 percent in 2009. Post the revision the interest rate offered on an fd that matures from 7 days to 29 days is 2 5 p a. All fixed deposit accounts are protected by pidm up to rm250 000 for each depositor.

Up to 2 90 p a. Along with high interest rates our fixed deposit accounts are also designed with options that offer flexible tenures. 6 months offer period. This page includes a chart with historical data for deposit interest rate in malaysia.

Use the calculator below to find your best fixed deposit and apply for free. 5 august to 30 september 2020 2. Check out our rates apply now. Show islamic products only.

Find the best fixed deposit rates in malaysia. The lowest interest rate recorded in this month s round up is 1 70 bank of nova scotia. Deposit interest rate is the rate paid by commercial or similar banks for demand time or savings deposits. I want to save.

This page provides malaysia interest rate actual values historical data forecast chart statistics economic calendar and news. Original article follows below. The value for deposit interest rate in malaysia was 3 14 as of 2018. 13 july to 31 december 2020.

As the graph below shows over the past 52 years this indicator reached a maximum value of 9 75 in 1982 and a minimum value of 2 08 in 2009. I want to save rm 20000 for 6 months. Compare our variety of fixed deposits and find the one that suits your requirements. Click here to check our latest rate.

3 months offer period. What s the best fixed deposit in malaysia it s one of the most common questions we hear from malaysians who want a stable and secure form of savings. 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. Ocbc premier banking promo.

Term deposit offer via over the counter e term deposit offer via fpx effective rate. Enjoy an overdraft facility that grants quick access to funds with easi fd access. Grow your money for up to 60 months with high interest rates from ocbc malaysia s myr fixed deposit fd account.