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 Fixed Deposit Rates In Malaysia V. No.12, Strictly for FD Discussion Only

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uncle_toufu
post Apr 22 2016, 06:08 PM

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hi guys, i am newbie in fixed deposit and i have some confusion.

i have placed my fixed deposit in mach hong leong via online and the their default renewal system is auto. Currently i am trying to do a full withdrawal and noticed that there is a RM15 charges for withdrawal.

If so, may i know when i can withdraw my money without kena any charges? On the maturity date itself?

btw i had search through their websites and everything still cant see any info on related charges or fee...

any pro can advice? TQ

This post has been edited by uncle_toufu: Apr 22 2016, 06:10 PM
uncle_toufu
post Apr 22 2016, 07:06 PM

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QUOTE(cklimm @ Apr 22 2016, 06:32 PM)
It is because you are performing premature ejac....withdrawal, the bank claws back whatever interests they paid you.
You may withdraw money without kena any charges, on the maturity date itself.
*
Yes indeed, after calculation.
Thanks alot cklimm
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