QUOTE(TSOM @ Aug 11 2012, 10:06 AM)
Ok la... if got 100K, can get about extra RM50 a month... can watch a movie and popcorn with gf...
Fixed Deposit Rates in Malaysia V3, Read 1st post to find highest rate.
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Aug 11 2012, 12:14 PM
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#1
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Senior Member
5,640 posts Joined: Feb 2005 From: Manussa loka |
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Nov 5 2012, 04:20 PM
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#2
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5,640 posts Joined: Feb 2005 From: Manussa loka |
Just saw advertisement in newspaper by MBSB - 4.75%* pa for 5 years.
Anyone any comment? http://www.mbsb.com.my/promotions.html This post has been edited by soul2soul: Nov 5 2012, 04:21 PM |
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Nov 6 2012, 01:27 PM
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5,640 posts Joined: Feb 2005 From: Manussa loka |
QUOTE(Gen-X @ Nov 5 2012, 04:52 PM) Bro, click here to FD V2 Thread and do a search on MBSB and you can read our previous comments on MBSB. I read about it but I want to know if anyone has put their money in MBSB before? How does it work?To All, posted below at CC section, maybe some of you here can also benefit from my story Do they accept banker's cheque? How do we withdraw FD from MBSB? Do they issue a cheque? Is the cheque accepted by other banks ? Any charges for their Cheque? How many days to clear? |
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Dec 3 2012, 12:10 PM
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5,640 posts Joined: Feb 2005 From: Manussa loka |
For those who have deposited at Bank Rakyat , could you shed some lights on the below queries ?
1. For 1 year deposit, is there an option to auto-renew the FD at the prevailing rate? 2. Upon maturity, could Bank Rakyat issue a Cashier Cheque and how long does it take to process that ? is it on the spot on the same day , or need to wait a few days to get the cashier cheque? 3. Do they accept Cashier's cheque issued by other local banks, and how long does it take for them to issue the FD certificate? |
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Dec 3 2012, 12:58 PM
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QUOTE(magika @ Dec 3 2012, 12:41 PM) BR operation is the same as other financial instituition. Thanks for the fast reply mate.1. Instruction on Maturity for renewal is available on prevailing rates. 2. Issuing of Bank Draf is immediate though if the manager is not around then it will be in multiple cheques. Oh yes it is free for upliftment. 3. So far all my different bank cheque is accepted, though in different branches there is different processing time for the certs.Some reported same day, but for me it take 2-3 days, and it only start preparing on the day you collect. Another thing is for deposit above a certain sum and if not mistaken above 3 mths, you can opt for monthly interest payment into your BR Savings Account. Added on December 3, 2012, 12:46 pm That depends on different banks, for BR you will be paid floor rates which is much lesser than prevailing rates. E.g after 12 mth rate which is 4.01% will be paid around 2.9x% only. The floor rates are not published and subjected to review. Pls reconfirmed with your bank. The floor rates are subjected to your deposit period, ie different periods different rates. Will go FD shopping this Friday at BR! |
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Dec 3 2012, 04:22 PM
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QUOTE(munkeyflo @ Dec 3 2012, 02:16 PM) Guys, I know FDs are usually by the months or shortest also 1 month. So I wanna ask.. Trading trust account. Most investment banks give daily interest on your trust account.Are there any FDs or any other method to earn interest that count by the days or weeks? I was told Islamic FDs can withdraw before it matures and still get interest up to the day of withdrawal but check with bank and it seems it's not true. |
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