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

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trinityz
post Nov 2 2012, 06:04 PM

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just a question, let's say i put X amount as FD for 1 month and before that 1 month, i got emergency and need to withdraw money is there any penalty?
trinityz
post Nov 2 2012, 06:28 PM

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QUOTE(Gen-X @ Nov 2 2012, 06:23 PM)
100% got penalty - you will get your capital but no interest.

What you should do is split the amount you have to several FD certs to minimize any damage. Example, you have RM10K, you can split it to 2 FD cert RM5K each.
*
means only lose the interest only right? no other penalty?

splitting into 2 cert is a good idea!

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