It is a term certificate with open end value. Any interest gained may be added to the principal.
Product
- Term certificate with open end value
- Interest gained may be added to the principal.
Opening of Account
Minimum Deposit |
1 month | RM2,500 |
More than 1 month | RM500 |
Types of Accounts
- Individual Account - 18 years and above
- Joint Account – Applicants aged 18 and above
- Non-individual account – Companies, Clubs and Organisations (Association)
Interest Rates
Period | < RM 1 million | > RM 1 million |
1 month | 2.85 | 2.85 |
2 | 2.85 | 2.85 |
3 | 2.85 | 2.85 |
6 | 3.08 | 3.08 |
9 | 3.08 | 3.08 |
12 | 3.38 | 3.38 |
15 | 3.10 | 3.10 |
18 | 3.10 | 3.10 |
24 | 3.10 | 3.10 |
more than 24 | 3.10 | 3.10 |
*Subject to changes
Period
- 1, 2, 3, 6, 9, 12, 15, 18, 24, 36, 48 and 60 months
Interest
- To be paid upon maturity
- For savings of more than 12 months, interest will be paid every three months