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 Fixed Deposit Rates in Malaysia V3, Read 1st post to find highest rate.

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shankar_dass93
post Dec 15 2012, 11:49 AM

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Greetings guys, I'm a student currently and have planned to put some of my saving in FD. Have done some research and have gathered that hong leong bnk offers 2.9% for 1 month and 2.95% for 2 months. My question here is that the minimum amount to open up a basic FD would be Rm500 right ?
shankar_dass93
post Dec 15 2012, 07:09 PM

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QUOTE(Pink Spider @ Dec 15 2012, 12:21 PM)
1 month = min. RM5K
2 months and above = min. RM500

AmBank offers better rate, 1 month e-FD at 3.05% icon_idea.gif

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Thanks for the reply.
shankar_dass93
post Jan 8 2013, 01:39 PM

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QUOTE(ronnie @ Jan 8 2013, 12:53 PM)
A call from the MBSB banker told me it's extended.... until 31 March or upon reaching RM500 million deposits
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Wheres this place around exactly ? Towards Sekolah Sri Cempaka ?
shankar_dass93
post Jan 8 2013, 01:51 PM

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QUOTE(ronnie @ Jan 8 2013, 01:41 PM)
http://www.mbsb.com.my [NOT PIDM insured]
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Thanks for the info. But i guess it wouldnt be risky for me as im just gonna put in a very small amount for a short period. Cant park too much into FD as im just a student lol.

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