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 Fixed Deposit Rates in Malaysia V6.1, Please Read Post #1

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fuu
post Jun 27 2014, 08:51 AM

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Hi, I went to enquire about Affin's 12 mths FD. 3.6%. The customer service person told me that interest would be credited monthly into savings provided I put in RM10k minimum. Anyone has experience in this?
Thank you.
fuu
post Jun 30 2014, 12:30 PM

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Hi all,

I was browsing this webpage from Maybank2u.com:

Home > Customer Service > Accounts & Banking FAQs
Accounts & Banking FAQs > eFixed Deposit FAQs

15. Is the interest earned from eFD taxable?
Yes, as per existing FD Account criteria.


I tried searching the FD Account Criteria but was not able to find any info. May I know:

a) What is the % of tax incurred upon interest earned?
b) Is this applicable to only
i) Maybank's eFD or
ii) to all other banks' eFD or
iii) to all FDs regardless of over-the-counter and online of any banks? I tried searching info from other banks such as Affin, CIMB, but no mention of the tax (unless i overlooked it sweat.gif)

Thank you for your guidance notworthy.gif

fuu
post Jun 30 2014, 12:37 PM

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QUOTE(munkeyflo @ Jun 30 2014, 12:35 PM)
As far as I'm concern, if it's individual account, not taxable.
If it's company account, it's taxable when you declare your company income.
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Thank you, that's a relief rclxms.gif
fuu
post Jul 1 2014, 09:31 PM

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Hi, would like to seek some advice.

Yesterday I tried placing eFD in Maybank - debited from my savings account. It's suppose to take 1 working day for the eFD number to appear, right? But until now if I check under Accounts & Banking > Fixed Deposits > View My Fixed Deposit Accounts, it says 'do not have any eFixed Deposits Accounts'. Did I miss something here? cry.gif
fuu
post Jul 1 2014, 11:38 PM

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QUOTE(cappuccino vs latte @ Jul 1 2014, 11:06 PM)
Are you first time do the e-placement? For first timer it will take few days if not mistaken.
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Yes, first time. Ok, will check again in a few days. Thanks!
fuu
post Jul 30 2014, 02:48 PM

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hi, for eFixed deposit, is it only available at Maybank n CIMB? Any other banks has eFD services? Tq.
fuu
post Jul 30 2014, 04:27 PM

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QUOTE(fuu @ Jul 30 2014, 02:48 PM)
hi, for eFixed deposit, is it only available at Maybank n CIMB? Any other banks has eFD services? Tq.
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QUOTE(??!! @ Jul 30 2014, 02:52 PM)
Alliance Bank ada juga
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QUOTE(familyfirst @ Jul 30 2014, 02:52 PM)
RHB pun ada.
*
CB, CIMB, PBB also have. smile.gif

thanks smile.gif

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