Benefits

  • Multi-tiered interest rates that are calculated daily and credited half-yearly in June and December
  • Option for the e-Kawanku Savings Account which offers the convenience of an ATM card or Debit Card instead of a passbook and online banking via Maybank2u
  • Over the counter service at any Maybank branch
  • ATM access and cashless shopping via e-pos facility
  • Kawanku Phone Banking access
  • Autodebit services
  • Convenience of updating your passbook automatically via our Passbook Update Machine

Who can apply

  • Individuals, clubs/societies and associations
  • Joint account - maximum of 4 persons

Interest rates

Credit balance
Nominal rate
(% p.a.)
Effective rate
(% p.a.)
First RM1,000
0.30
0.30
Above RM1,000 to RM10,000
0.30
0.30
Above RM10,000 to RM25,000
0.40
0.40
Above RM25,000 to RM50,000
0.45
0.45
Above RM50,000 to RM100,000
0.70
0.70
Above RM100,000 to RM200,000
1.20
1.20
Above RM200,000 to RM500,000
1.30
1.30
Subsequent balances above RM500,000
1.40
1.40
*With effect from 1 January 2014

Required documents

For Personal/Joint accounts

  • Original Identity Card (IC) for Malaysians and Passports for foreigners

Please also bring along any of the following secondary supporting documents:-

  • Valid Passport (if IC is produced as a Primary document)
  • Valid driving licence
  • Utility bills (e.g. water/electricity/telephone bills, Quit Rent, Assessment Notice) in the name and address of the customer opening the account
  • Letter of employment
  • Credit card

Please choose a branch located near your home or place of work.

Fees & charges

  • Replacement of ATM/bankcard: RM12
  • Replacement of lost savings passbook: RM15 (inclusive of stamp duty)
  • Replacement of savings passbook due to poor handling: RM10
  • Early closure of account within 3 months of account opening: RM20
  • Cash withdrawals at ATM facilities owned by other banks (MEPS charges): RM1

View all banking fees

 

Next steps

Call us

Got a question? Call our Customer Care hotline at
1300 88 6688, any time,
any day
 

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Next steps

Call us

Got a question? Call our Customer Care hotline at
1300 88 6688, any time,
any day
 
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