Fixed Deposit Account

An account that earns you interest at an agreed rate, based on the sum of money deposited

Minimum investment:
RM5,000 (1 month)
RM1,000 (2 months and above)

* Eligible for protection by PIDM

All interest / dividend rates quoted may change without prior notice. Please contact the nearest Maybank branch for the latest rates

Benefits

Who can apply?

Interest rates

Tenure
Rate (% p.a.)
1 month
2.95
2 months
2.95
3 months
3.00
4 months
3.00
5 months
3.00
6 months
3.05
7 months
3.05
8 months
3.05
9 months
3.05
10 months
3.05
11 months
3.05
12 months
3.10
13 months to 24 months
3.10
36 months
3.20
48 months
3.30
60 months
3.40
With effect from 15th July 2016 

Terms and Conditions on FD premature withdrawal

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


Note:

For pre-mature uplift, the interest paid upfront (if applicable) will be deducted from the principal amount

The Malaysian Goods & Services Tax (GST) will be imposed on all fees/charges charged by the Bank where applicable effective 1st April 2015 at the current prevailing rate.


Click here for Terms & Conditions

 

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