| Tenure | Rate (% p.a.) | ||
| 1 month | 3.00 | ||
| 2 months | 3.00 | ||
| 3 months | 3.05 | ||
| 4 months | 3.05 | ||
| 5 months | 3.05 | ||
| 6 months | 3.10 | ||
| 7 months | 3.10 | ||
| 8 months | 3.10 | ||
| 9 months | 3.10 | ||
| 10 months | 3.10 | ||
| 11 months | 3.10 | ||
| 12 months | 3.15 | ||
| 13 - 24 months | 3.15 | ||
| 36 months | 3.30 | ||
| 48 months | 3.40 | ||
| 60 months | 3.50 | ||
| Revised Fixed Deposit rates for Conventional Scheme for tenures 48 months and 60 months with effect from 17 December 2012. | |||
Computation of Interest shall be based on the number of days within the term of the deposit.
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.
The payment of interest on premature withdrawals of Fixed Deposits' (FDs) before maturity shall be subjected to the following Terms and Conditions:
1. No interest shall be paid on any 1 month, 2 month or 3 months tenure FD that has not completed its respective full tenure period.
2. For FD's with tenures exceeding 3 months no interest shall be paid if the Fixed Deposit (FD) is uplifted before the completion of the first 3 months period.
3. Other than the circumstances mentioned in (1) and (2) above, interest is payable only for the completed period of the funds have been deposited as below:
The rate payable for a Fixed Deposit uplifted before its fixed maturity date shall be half (1/2) the original contracted rate for each completed month.
For example:
Tenure: 6 months tenure
Amount: RM50, 000
Interest rate: 3.10% p.a.
Completed period: 4 months 12 days
Interest earned: 1.55% x RM50, 000 x 120/365 or 366 (if leap year)
: RM254.79