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 Fixed Deposit Rates in Malaysia V4, Please read 1st post.

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ckchan526
post Mar 4 2013, 10:10 AM

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thanks all sifu sharing info here..

Went to OCBC during CNY for 3mth 4.5% FD but didn't open Smart Saver acc as I wasn't aware of the better interest rate. Wasted, lucky small amount only :'(
ckchan526
post Mar 5 2013, 05:14 PM

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QUOTE(smsbusiness2u @ Mar 5 2013, 01:57 PM)
only got limited Mach branch and must open money box acc (saving acc)
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other than the 5 mach branch, any other location/way to open money box/mach account?
ckchan526
post Mar 5 2013, 05:43 PM

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QUOTE(smsbusiness2u @ Mar 5 2013, 05:35 PM)
there will be more branches will be open soon..1 of them is sunway pyramid.
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how about other states?
ckchan526
post Mar 8 2013, 11:30 AM

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QUOTE(cherroy @ Mar 8 2013, 12:31 AM)
But it is only for new premier customer.
Non-premier customer (if not upgrade to premier customer) and existing premier customer do not get those rate. (if not mistaken)
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is this better than ocbc premier benking deal: 3mth 5.5%?
ckchan526
post Jun 10 2013, 07:32 PM

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just back from HLB.. iirc:
HLB MACH no longer have 4% FD, now is 3.6%
HLB Priority Banking FD 3.98%, with 8% of the fund in CASA
HLB Junior FD 3.85% 1st yr, 3.95% 2nd year.

This post has been edited by ckchan526: Jun 10 2013, 07:34 PM
ckchan526
post Jun 20 2013, 11:21 AM

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QUOTE(RO Player @ Jun 20 2013, 10:49 AM)
say u are just 35 years old..for 10 years consecutive...u will be 45..

wow...imagine...60k/year....just put for 10 consective years...

plus yearly EPF contribution...say 10k/ month...11+12% = 2300/month or 27,600/year...

Total contribution...RM 60k + 27.6k = 87,600 for 10 consective years... will be RM 876,000! with say divided of 6%..end of 10 year..will be RM 52,560/year or RM 4,380/month...

You will be a millionaire, when u reach 50... rclxm9.gif
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Good plan biggrin.gif One can use his/her retired parent EPF account for this.. the concern is full withdrawal. imagine withdraw 1mil from EPF drool.gif

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