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Fixed Deposit

eFixed Deposit

Earn fixed rates while enjoying the ease of managing your account online

  • MINIMUM DEPOSIT

    RM 1,000 to RM 5,000

    *RM 5,000 (for 1 month)

    *RM 1,000(for 2 months and above)

Convenient and easy


With this account you get-

  • Higher interest rates compared to a normal savings account
  • Greater convenience as new placements can be made anytime, anywhere via Maybank2u. If you have an existing FD account, placements will be effective immediately
  • Easy application via Maybank2u
  • Eligibility for protection from PIDM

Click here for PIDM brochure.

How to apply?

For all individuals with a Maybank account. Joint Account. Sole proprietor


Available accounts:

  1. Individuals with a conventional/Islamic account with Maybank
  2. Joint account
  3. Sole proprietor 

Login now to apply.

Rates

What interest rates can you expect from us?


Click for more information about our FDs

Computation of Interest

Computation of Interest shall be based on the number of days within the term of the deposit.

Unclaimed Moneys Act 1965

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.

 

Terms and Conditions on Fixed Deposit (FD) Premature Withdrawal

With effect from 1 January 2019 (“Effective Date”), the new premature withdrawal rule for all existing, renewed and new placements of Conventional Fixed Deposit are as follows :-


Immediate Fixed Deposit Premature Withdrawal (Without 31 days’ Notice Period)

  • No interest shall be paid on any immediate fixed deposit premature withdrawal (Without 31 days’ Notice Period) that has not completed its respective full tenure period.
  • Example of Immediate FD Premature Withdrawal Calculation:

Fixed Deposit Premature Withdrawal (With 31days’ Notice Period)

  • 50% of the contracted interest rate is payable when a ‘Notice Period’ of 31 days (inclusive of the day of notice) is given by the customer at the branch.
  • A notice in writing with the intention to premature the FD (With Notice Period) must be given to the branch.
  • Based on customer’s notice, the principal amount and the accrued interest will be credited on the day 32nd into customer’s desired current or savings account available at the Bank.
  • Customer must have a current or savings account with the Bank.
  • The accrued interest will be calculated daily up to the end of the ‘Notice Period’.
  • Once the notice is given, the customer is not allowed to change the instructions and uplift the Fixed Deposit until the end of the ‘Notice Period’.
  • Example of FD Premature Withdrawal Calculation:


Note:

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

Click here for more information on the New Premature Withdrawal Rule for Conventional Fixed Deposit

Click here for Conventional Frequently Asked Questions (FAQ)

Click here for Terms and Conditions Governing Banking Accounts

Click here for Sample Notice for FD Premature Withdrawal with 31 days’ Notice Period

TenureInterest Rate (% p.a.)

1 month

2.90

2 months

2.90

3 months

2.95

4 months

2.95

5 months

2.95

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 - 24 months

3.10

36 months

3.15

48 months

3.25

60 months

3.35

With effect from 18th May 2019

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

Product Comparison


ServicesFixed DepositeFixed Deposit

1st placement: creation of Fixed Deposit account (customers without an FD account)

  • Creation of FD account is done over the counter
  • Certificate will be issued to customer
  • Mode of payment for placement can be cash or debit banking account
 
  • Real time creation of FD account via Maybank2u.com. The newly created account and placement details can be viewed immediately.
  • No certificate will be issued
  • Mode of payment for placement is only debiting the account linked to Maybank2u.com
  • An 8-digit reference number ending with 'E' will be given

Subsequent placement (customers with an FD account)

  • Subsequent placement is over the counter (at the home branch)
  • Certificate will be issued to customer
  • Mode of payment for placement can be cash or debit banking account
 
  • Subsequent placement can be done online and debiting of account in real time
  • No certificate will be issued
  • Mode of payment for placement is only debiting the account linked to Maybank2u.com
  • An 8-digit reference number ending with 'E' will be given

Upliftment

  • Upliftment can only be done over the counter (at the Home branch)
  • Mode of payment for upliftment can be cash, credit to account or banker's cheque
 
  • Only reference numbers with 'E' can be uplifted via Maybank2u.com
  • FD with certificate needs to be uplifted over the counter (Home branch)
  • Mode of payment for upliftments can only be credited to account linked to Maybank2u.com

Premature withdrawal

  • Premature withdrawal can be done over the counter for FDs with certificates only
  • Premature withdrawal with reference number ending with 'E' can be uplifted via Maybank2u.com only

 

ServicesFixed DepositeFixed Deposit

Partial withdrawal

  • Partial withdrawal can be done over the counter
  • Not available

Modification of FD details

  • Modification of FD details such as term, interest payment code or maturity handling can only be done over the counter (Home branch)
  •  Modification of FD details such as term, interest payment code or maturity handling can be done over the counter (Home branch) and via Maybank2U.com

Service availability

  • Normal banking hours over the counter
  • 6am till 10.30pm, 7 days a week including public holidays

Ex-Phileo Allied eOne customer

  • Customers with eOne accounts can place or uplift over the counter for FDs with certificates
 
  • All eOne Fixed Deposit accounts will be converted to eFixed Deposit and all certificates will be converted to an 8-digit number that ends with 'E'.
  • Upliftment can be done via Maybank2u.com

Joint account

  • Either one of the joint holders can withdraw upon presenting the FD cert at the counter
 
  • Either one of the joint holders is allowed to perform the uplilftment
  • Proceeds of FD can be credited to any of the joint holders' accounts (either joint/individual account linked to Maybank2u.com)

Locate a Branch

Find a Maybank branch nearby you