Changes to Fixed Deposit and Islamic Term Deposit Withdrawal Options
Dear Valued Customer,
Effective 29 August 2026, the 31 days' Notice withdrawal option for selected Fixed Deposit and Islamic Term Deposit products will no longer be available for new placements, renewals, and rollovers.
What will change?
For Fixed Deposit and Islamic Term Deposit placements, renewals, or rollovers made on or after 29 August 2026:
- The 31 days’ Notice withdrawal option will no longer be available.
- The Immediate Uplift withdrawal option will continue to be available, where applicable.
- No profit will be payable for any premature withdrawal, regardless of whether prior written notice is given.
- Existing Fixed Deposits and Islamic Term Deposit placed, renewed, or rolled over before 29 August 2026 will continue to be subject to the terms and conditions applicable at the time of placement.
- For Fixed Deposits and Islamic Term Deposit placed, renewed, or rolled over on or after 29 August 2026, the revised Terms and Conditions will apply. The full revised Terms and Conditions will be published on the Bank's website upon their effective date.
Affected Products
|
Products |
Types |
|---|---|
|
Fixed Deposit Account |
Conventional |
|
Islamic Fixed Deposit-i |
Islamic |
|
Prosperous Now Account-i |
Islamic |
|
Islamic Fixed Deposit-i kids |
Islamic |
|
E-Fixed Deposit |
Conventional |
|
E-Islamic Fixed Deposit-i |
Islamic |
Who is affected?
This change applies to customers who place, renew, or roll over a Fixed Deposit and Islamic Term Deposit on or after 29 August 2026.
Need Assistance?
Please visit your nearest Maybank branch or contact Maybank Group Customer Care at 1-300-88-6688 or +603-7844 3696 for assistance.