FRIA-i 45Plus is a fixed return investment account for senior citizen age 45 years and above where the profit rate is made known earlier to the Customer upon application based on the Tawarruq transactions.
[tabby title="Product Details" open="yes"]
|Type of account||
|Type of Profit Payment||
|Tenure||6, 12, 24 and 36|
Minimum Initial Amount
Predetermined fixed profit rate upon opening an account or renewal of account.
Note: Any changes subject to the Bank's discretion.
- Senior citizen age 45 years and above
- Open for individual account only
- Types of individual account for this product are classified into:
|Individual Account||Account that is opened by individual aged 45 years old and above.|
|Joint Account (Individual)||
[tabby title="Fees & Charges"]
|Brokerage fee (Withdrawal less than ninety (90) days)||
Brokerage fee at 0.05% on the total deposit or RM50.00, whichever is lower, will be borne by the Bank. However this amount will be borne by Customer in the event of premature withdrawal, within ninety (90) days and below, from the date of deposit placement.
Replacement of lost Term Deposit Certificate
|Stamp duty of RM10.00 for Letter of Indemnity and RM5.00 per Certificate will be charge.|
Replacement of damaged Term Deposit Certificate
|RM5.00 per Certificate will be charge.|
Note: The bank will send at least 21 days notice to customers before any changes is made to the fees and charges.
Notes: The above fees and charges are subject to 0% GST