Hong Leong Bank Fixed Deposit
- New placements and withdrawals made anytime via Hong Leong Connect.
- Account and placement details can be viewed upon successful placement.
- Choice of terms from 1 – 12 months.
- Receive interest at regular intervals, or upon maturity.
- Option for auto renewal.
- Flexibility to make early-partial withdrawals from your FD and still earn FD interest on remaining balance (Partial withdrawal must be in multiples of RM1,000).
Eligibility
- Minimum deposit of RM5,000 for 1 month placement and RM500 for 2 months and above.
- For individuals with Hong Leong Conventional / Islamic Current or Savings Account.
- Malaysian 18 years old and above.
Protected by PIDM up to RM250,000 for each depositor.
Hong Leong Bank (Left 2) News Straits Times (Left 3) Alliance Bank (Left 4) Malaysia Airlines (Left 5) Rojak Daily (Right) Are you of legal drinking age? I'm at least 21 years old and non-Muslim. Yes, I am No, I am not. Best March Fixed Deposit Rates Up to 3.18%! Fixed Deposit -i. Fixed Deposit -i Terms and conditions for Hong Leong Islamic Bank Berhad (Effective ) Tenure. New profit rates. 3 months to 5 months. 6 months to 11 months. Fixed Deposit Account. Earn higher interest with fixed tenures of up to 60 months. E-Fixed Deposit. Place and withdraw your Fixed Deposit via Hong Leong Connect. Enjoy the flexibility of making early of partial withdrawals.
Premature Withdrawals (effective 27 September 2018 until 31 December 2018)
Where a e-Fixed Deposit is uplifted, in partial or in full, before maturity the following rules shall apply:
a. No interest is to be paid:
i. any deposits placed for periods of one (1), two (2) or three (3) months that has not run the full period
ii. any other e-Fixed Deposit uplifted before the completion of three (3) months
b. Interest is payable for e-Fixed Deposit uplifted after the completion of three (3) months and will be at half (1/2) the original contracted interest rate for each completed month.
Premature Withdrawals (effective 1 January 2019)
No interest shall be payable on partially withdrawn amounts and premature withdrawals of e-Fixed Deposit.
| Tenure | Interest Rate (p.a.) |
|---|---|
| 1 month | 1.20% |
| 2 months | 1.50% |
| 3 months | 1.55% |
| 4 months | 1.55% |
| 5 months | 1.55% |
| 6 months | 1.60% |
| 7 months | 1.60% |
| 8 months | 1.60% |
| 9 months | 1.60% |
| 10 months | 1.60% |
| 11 months | 1.60% |
| 12 months | 1.60% |
It‘s already the 3rd month of the year and if you've received any angpaus during the Chinese New Year, it's time to find a place to keep them! Thanks to their extremely low risks and higher interest rates than your conventional savings accounts, you should place your angpau money into fixed deposit accounts. But, not all fixed deposits accounts are made the same. Today, we will go through some of the best rates you can get in March 2021 from 5 major banks in Malaysia!
1. Public Bank
Promotion Period: Until 30th April 2021
Interest Rates:
• 2.00% (1 mth)
• 2.10% (2 mth)
• 2.20% (3 mth)
Minimum Placement: RM 5,000
Maximum Placement: RM 2,000,000
T&C: Deposits through FPX transactions on PBe Online Banking.
Promotion Period: Until 31th March 2021
Interest Rates:
• 2.08% (3 mth)
• 2.28% (8 mth)
Minimum Placement: RM 10,000
Maximum Placement: RM 1,000,000
T&C: Limited to Fresh Funds. Limited to PBB & PIBB customers.
2. RHB Bank
Promotion Period: Until 31th March 2021
Interest Rates:
• 2.35% (6 mth)
• 2.35% (12 mth)
Minimum Placement: RM 10,000
Maximum Placement: RM 2,000,000
T&C: Deposits through FPX transactions on RHB Now Online Banking.
3. Hong Leong Bank
Promotion Period: Until 31th March 2021
Interest Rates:
• 2.50% (3 mth)
• 2.50% (6 mth)
Minimum Placement: RM 10,000
Maximum Placement: RM 2,000,000
T&C: Fixed Deposit cum savings promotion at a 10:1 ratio. i.e. If you have RM 10,000 in your FD, you need RM 1,000 in your savings account.
4. CIMB Bank
#CIMB Bank eFixed Deposit
Promotion Period: Until 4th March 2021
Interest Rates:
• 2.10% (3 mth)
Hong Leong Bank Fixed Deposit Rate 2019 Malaysia
• 2.20% (6 mth)
• 2.25% (12 mth)
Minimum Placement: RM 5,000
T&C: Limited to CIMB customers. Deposits fresh funds through CIMB Clicks, not applicable for CIMB Clicks App.
5. OCBC Bank
#OCBC Bank Fixed Deposit
Promotion Period: Until 31st March 2021
Interest Rates:
• 2.28% (12 mth)
Minimum Placement: RM 1,000
T&C: Fresh fund deposits through FPX transactions on OCBC Bank Online Banking.
6. Alliance Bank
#2021 Wealth and Fixed Deposit Campaign
Promotion Period: Until 31st March 2021
Interest Rates:
• 20.21% (1 mth)
• 6.38% (3 mth)
Minimum Placement: RM 1,000
T&C: Invest in selected Alliance Bank Unit Trust (UT) funds or purchase Banca Regular Premium (RP) products.
7. Bank Muamalat
Promotion Period: Until 31st July 2021
Interest Rates:
• 3.03% (12 mth)
Hong Leong Bank Fixed Deposit Rate
• 3.08% (15 mth)
• 3.18% (18 mth)
Minimum Placement: RM 5,000
T&C: Fixed Deposit cum savings promotion at a 8:2 ratio. i.e. If you have RM 8,000 in your FD, you need RM 2,000 in your savings account.
Singapore Bank Fixed Deposit Promotion
These are some Fixed Deposit promotions coming out from 7 major banks in Malaysia to help make the most of your angpau money. For more information and detailed terms and conditions, be sure to click on the links in the article or head over to your nearest bank branch!
*All interest rate percentages are per annum.
*Details compiled by XiiaoC