Fixed Deposit Rates in Malaysia V5
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 Dec 16 2013, 11:46 AM
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#1
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Senior Member
546 posts Joined: Apr 2010 
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just got a call from AMBANK, new FD promo ....
6 mths - 3.5% - min 10k 3 years - 4.12% - min 50k straightforward FD ! Fresh fund as usual. Till end Dec 2013 This post has been edited by michaelho: Dec 16 2013, 11:48 AM |
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Jan 9 2014, 12:03 PM
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#2
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Senior Member
546 posts Joined: Apr 2010
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QUOTE(LostAndFound @ Jan 9 2014, 12:08 PM) I can confirm up to RM2 as that's the amount currently in my MoneyBox. I opened with Rm100 deposit because they gave free water bottle. confirmed RM1 as that's the amt I always leave in there after withdrawing my monthly FD interest. For for normal savings account , it has to be RM10 |
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Jan 21 2014, 06:29 PM
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#3
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Senior Member
546 posts Joined: Apr 2010
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QUOTE(pinksapphire @ Jan 21 2014, 05:15 PM) This is great! At least can do everything in one visit. one of my MACH FD expired today , withdrew using HLB Connect , money went into MoneyBox. Then withdrew from MoneyBox to place 6 mths @3.7%.  But do note maximum deposit per customer is RM250K! |
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Jan 21 2014, 06:35 PM
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#4
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Senior Member
546 posts Joined: Apr 2010
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QUOTE(pinksapphire @ Jan 21 2014, 07:33 PM) Did you place your FD online? Meaning, we don't have to go to the branch? EVERYTHING in the comfort of my home |
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Feb 17 2014, 11:41 AM
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#5
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Senior Member
546 posts Joined: Apr 2010
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sifus, u mean if we are no longer working for the past 20 years but we still have EPF account, still can deposit 60K a year ? My wife will be very happy cos she has stopped working since she got married. Thanks for enlightening me about this EPF self contribution. I really havent heard of it before. BTW, to those interested, here is the link to the form
 http://www.kwsp.gov.my/portal/documents/10...diri_v.2013.pdf This post has been edited by michaelho: Feb 17 2014, 12:11 PM |
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Feb 17 2014, 12:13 PM
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#6
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Senior Member
546 posts Joined: Apr 2010
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QUOTE(skyp @ Feb 17 2014, 01:00 PM) Yea, this has been known quite long already. 'quite long' meaning? more than 10 years already? I known a doctor who has retired but still deposit to epf 5K monthly as investment. And can withdraw money anytime as well.. win win solution   I guess I must have living under the rock...hahaa. Anyway, I attached the wrong form just now. have amended and put correct link |
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Feb 17 2014, 12:33 PM
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#7
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Senior Member
546 posts Joined: Apr 2010
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QUOTE(bbgoat @ Feb 17 2014, 01:23 PM) Ya, I think they give interest by the monthly balance (not 100% sure though). spoke to EPF , they said daily dividend ...For retiree, this is a BIG plus !! Go for it ! |
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Feb 17 2014, 01:12 PM
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#8
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Senior Member
546 posts Joined: Apr 2010
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QUOTE(enriquelee @ Feb 17 2014, 02:07 PM) For retiree withdrawal should be easy. But working employee like us how? age 50 can withdraw part or ALL from Akaun 2, Must wait till age 55 only can do the full withdrawal? Age 55 can withdraw part or ALL from Akaun 1, Age 75 have to withdraw EVERYTHING, even if leave inside, no tak ada dividend . Better document here since still fresh on my mind . The only setback is have to keep there until you are at least 50, and have to keep praying everyday that nothing bad happens to Malaysia , and make sure your nominee is up-to-date. |
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Feb 19 2014, 07:53 AM
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#9
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Senior Member
546 posts Joined: Apr 2010
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QUOTE(BoomChaCha @ Feb 19 2014, 12:29 AM) Minimum per deposit: RM 50 Maximum deposit per year: RM 60K Can deposit RM 60K at a time by filling out one KWSP deposit slip and one KWSP form6A(1). Also can deposit any amount on different dates up to RM 60K per year. Note: Before 2013, we were allowed to put in any amount without any limit. I think both Top Goat & Top Cat put in their maximum loads before 2013..  May Bank is not familiar with EPF procedures. Actually can submit one slip for RM 60K. |
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