Fixed Deposit Rates In Malaysia V. No.10, Please Read Post #1 & #2
|
|
 Nov 30 2015, 07:02 PM
Return to original view | Post
#1
|
 
Junior Member
240 posts Joined: Oct 2015 
|
Anyone might shed a light on how added to principal works? I went in with MBB GIA-I and the interests stated as "added to principal"
So for example i placed 10k, after first month the balance will be 10033 (4% pa) and 2nd month interest will be calculated based on that 10033? ad so on ? |
|
|
|
|
|
Nov 30 2015, 08:53 PM
Return to original view | Post
#2
|
|
Junior Member
240 posts Joined: Oct 2015
|
QUOTE(anwa @ Nov 26 2015, 11:47 PM) Hi all, I've been lurking in this forum awhile and only recently placed my first fd with uob and maybank a month ago. My RM told me they have get about 5bil for this GIA-i to date..... Malaysian still fully loaded i guess...I went to Maybank today wanting to place the 2 months 3.9% (effective rate) FD, but was convinced to go for the GIA instead. Though not capital guaranteed, its 4% 2 months, and if at that time I decided not to terminate it, can still go on till 1 year for the 4.5% effective rate. Anyway, I ask the officer about the 5.5% for next month. She said have not heard anything. She was guessing maybe its a change to the current GIA or something but will keep me posted.  |
|
|
Dec 1 2015, 12:19 PM
Return to original view | Post
#3
|
|
Junior Member
240 posts Joined: Oct 2015
|
QUOTE(cklimm @ Dec 1 2015, 12:07 PM) dude, they extended it Another 1bil left... |
|
|
Dec 1 2015, 12:26 PM
Return to original view | Post
#4
|
|
Junior Member
240 posts Joined: Oct 2015
|
QUOTE(wil-i-am @ Dec 1 2015, 12:24 PM) How u know the sum? Based on what my RM told me... |
|
|
Dec 7 2015, 09:27 PM
Return to original view | Post
#5
|
|
Junior Member
240 posts Joined: Oct 2015
|
QUOTE(wil-i-am @ Dec 7 2015, 09:13 PM) Ah SiAnG, tis thread almost reach 2,500 post counts MeeeeeeSince u have done a gud job to start v10 on 5/10/2015, I wud like to propose tat u start v11 I need a seconder, anyone? |
|
Topic ClosedOptions
|
| Change to: |  0.0406sec
 0.43
 7 queries
 GZIP Disabled
Time is now: 30th November 2025 - 10:24 PM |
Quote