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

Benefits

• Higher interest rates than a normal savings account
• Protected from interest rate fluctuations

Who can apply?

• Individuals
• Joint account

Interest rates

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