The best is for you to check with the bank and ask them the reason for the increase. The OPR change is still NOT yet confirmed.

That's a huge increase; a 0.5% BLR increase would not have cause such a huge increase. Check with them how much actually is the rate increase.

wah, can the banks actually do that even before "official" OPR changes announcement

hong leong has a new 12 months 3.85% and 15 months at 4.0%

Wow 15 months 4% i like!!!! Got link or not?

from https://www.hlb.com.my/main/promotion/20140...am-home-contest

3.85% 12 mths, 4.0% 15 mths but 10% must be placed in CASA; so not a good deal except if you strike that corner lot!

This post has been edited by giko: Jul 2 2014, 08:36 PM

got CASA requirement or not

Unless it is a huge interest rate hike. Usually, small BLR increase wouldn't change the installment amount. It will only lengthen the loan duration.
Check you letter of offer, some housing loans got very low promo rate for first one or two years.

I'm back! But yet to go read any of the previous posts or go find out latest FD rates.

As for housing loans, I guess you guys never read BNM statements or press releases. BNM has said for months that Banks' housing loans rates are irrelevant to BLR, i.e. BLR -2%. That's why they will adopt a new system to be introduced next year, read below link.

http://www.bnm.gov.my/index.php?ch=en_pres...ess_all&ac=2976

HL rate is BLR - 4.2% (assume)
4.2% is fixed throughout loan duration
BLR will goes up/down if OPR change
Check Maybank BLR from 1/5 until today n c whether there is any movement
Personally, I dun think the increase is due to changes in BLR

Like what Top Goat mentioned last time, this depends on the BR's FD products code/name.

For example, like my old BR FD (placed more than 2 years ago), it calls Mubeen.
For my Mubeen FD, BR will credit monthly interest to my saving account during 1st day of the month.
So far I have received 2 months of interest on the 1st day of June and July, respectively.

I have another BR 1 year FD calls Bejangka which placed last year December.
For my Berjangka FD, BR will credit monthly interest manually to my saving account based on the
FD maturity date.

I guess your BR FD is Berjangka, so you should receive your monthly interest based on
the FD maturity date.

You can see the FD product code (should be Berjangka) printed on the left bottom side of
your FD cert.

Based on BN traditional style, I think a sudden quick jump from 3% to 3.5% in July is impossible la..

This post has been edited by BoomChaCha: Jul 2 2014, 10:48 PM

Wat is d effective int rate for PB Super FD 8.88% pa on Month 12?

Wah, 18.3% increase? OPR the most probably will increase 0.5% only.

Ya, it took a while to get the right answer from BR. They did not inform the customer officially. Luckily the ABM told me on my second visit asking him on this. But BR should officially inform customer on this through letters or emails.

Sorry guys, wrong info from me. the increased was due to additional fire insurance.
I shall removed my previous comments

do u guys have any command about UOB 13months promotion with 3.85%p.a?????interesting rate.......

Received SMS from UOB staff:
Effective 3rd July
6 months 3.65%
13 months 3.85%

Have not call them up to get more details.

https://www.pbebank.com/Personal-Banking/Pr...r-FD-Rates.aspx
This one?

Have been discussed few pages back. Effective rate 3.4-3.5 or so.

bro,update us any latest information....hope no need to put fund in CASA

Yes, no stupid CASA thingy for UOB new FD Promo.

To All:

I updated my FD Page early this morning to assist you guys in getting the highest interest rates offered by commercial banks in Malaysia. Some of the current promos offered are as follows:

Alliance Bank NEW 6 Months FD Promo

AmBank 15 Months FD Promo until 31 July 2014.

Hong Leong Bank NEW FD Promo until October 2014 and you may win yourself a home BUT it has the stupid CASA requirement.

Maybank Step Up FD Promo until 10 July 2014.

OCBC FD and Savings Deals, valid until 31 July 2014.

UOB NEW Straight Forward 6 and 13 Months FD Promo without the stupid CASA requirement. This new UOB offer is worthwhile checking out. Promo valid until end of August 2014.

Public Bank Islamic Step Up FD Promo, rates revised effective 1 July 2014 and are valid until 30 September 2014.

Click on the link below to my Fixed Deposit Page and start earning yourself more money!

Click here to my Fixed Deposit Page

Will update Post#1 later when I got the time and please also assist me here by stating any FD promos worth mentioning so that I can include in Post#1.