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 Fixed Deposit Rates In Malaysia V. No.10, Please Read Post #1 & #2

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nbi
post Nov 23 2015, 10:13 AM

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affin bank year end deposit bonanza 2015

1 month 4.05% pa
2 month 4.10% pa
15 months 4.60% pa


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nbi
post Nov 25 2015, 01:06 PM

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Joined: Sep 2006
google found this -

Is the interest on the fixed deposit taxable?
There is no tax on the interest from the Fixed Deposit’s which are placed for under RM 100,000. For this reason the banks will usually split your Fixed Deposit into placements which are individually less than that amount.

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is it correct?

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