Customer's Eligibility
Open to Malaysian citizens and non-citizens residing in Malaysia and adhere to the following requirements:
- Aged 50 and above
- Mentally sound
- Possess valid identity cards
- Not a bankrupt
- Savings account holder
Types of Account
- Individual Account: Account managed by individuals.
- Joint Account: A joint account managed by a senior citizen aged 50 and above as the principal account holder with an account holder aged 18 and above.
Period
Deposit
- Minimum - RM 1,000.00
- Maximum - None
Interest Rates/Profit
- 1 year - 0.20 + current interest rates
- 2 years - 0.25 + current interest rates
- 3 years - 0.30 + current interest rates
Payment of Interest