Taman Maluri Cheras branch on Jalan Mahkota also got 4.5% for 1 year,
min FD deposit RM 10K..

Did my placement at Affin Bank PJ New Town, State.

Min 10k MYR, 4.5% interest after 1 year, auto renewal on board rate, 3.7% the following year. No CASA needed. Promo till 31st August or when target is reached, sorry I forgot what is their target amount.

someone mention half of target reached.
however didn't mention how much is the target amount

Affin bank taman midah still available 4.5% for 12 mths.. no CASA required

But almost full, so those interested better get it done fast.. i already confirmed with the banker, the target amount is a standalone amount for each banks, not a shared pool... each branch have their own target amt

This post has been edited by raptar_eric: Jul 12 2016, 02:18 PM

Hopefully 3.70% is still applicable 1 year from now

Dont worry. There would sure be some banks which would be hungry for cash then.

This post has been edited by TOMEI-R: Jul 12 2016, 03:16 PM

Will it drop to so low ??

do u know what is the rate for?

wah it's on branch basis..

I can guess Cheras, PJ, Bangsar & Puchong one would be reach target soon looking how hot people are going there..

Just came back. "Lost" interest on some FD which matured in last few days.

Went to HL to withdraw the matured FD. Quite full in the branch. Luckily able to jump queue, but still took 40 minutes to clear FD certs, RENTAS and getting BC. Heard from the officer that due to Raya holidays, some staff not back yet. HL may be carrying out some exercise like the other banks, thus the waiting time may be long.

Went to Affin to place the FD (called first to confirm the 4.5% still available). Easy and no crowd there. Unlike last Monday with crowds and took >1 hr to finish ! Just 15 minutes all in to get the FD certs. Served by an officer. She said she heard the Light Street branch has stopped the 4.5% promo. The Bayan Baru branch may meet the quota soon. Asked me to call her to confirm before going there to place for the 4.5% FD.

Last week I did mention that the Affin quota for the promo is 500 million, told by another officer there.

This post has been edited by bbgoat: Jul 12 2016, 06:02 PM

No worries, just for sharing though.
Like I say, indeed if you have plenty of CASH you may put for long term.

But some case is exceptional, this PRO told me branches will fight to get their performance bonus or sales target.
not to mention Bank NAME.
PRO use to put FD on BANK A close to working place. Eventually BANK A open another branch at PRO home area.
Approaches PRO to deposit for better interest.

Basic human though, why not since the rate is way better. So transfer the money to BANK A (home area).
After a week later, BANK A (work place) realize that PRO had withdraw and place in BANK A (home area). Immediately call PRO for discussion.
End up PRO had to sit to discuss within this same BANK A why dispute so much? and even question BANK A (work place) " had been long term client more then 30 years", no such offer but now same BANK different interest ???

the only answer PRO got is, new branches open got approval for special PROMOTION in order to increase client and fulfill sales target!!

The funny part is, in order to please both side, PRO had to split 50/50 for both bank.
I also wonder, why had to do so? we are customer, if internal fight is their problem!!

Again, old bird always had though. Keep peace to low profile yourself, both BANK have PRO detail. No reason to make enemy or trigger case such as ransom, kidnap or misfortune incident.

PRO experience before when withdrawn CASH about 20K was snatch when on the way driving bank home. (typical Malaysia case, smash your passenger window during stop at traffic light).
and several cases PRO been through when with the amount PRO have.
common cases, rob angpau/bonus money when PRO withdrawn bring back to office. That was 20 years ago, when the culture prefer CASH but now mostly by cheque.

So is up to you to put long term or short term. Of course if you are CASH cow then no problem lah..
makan gaji like me, only can make some extra income from the most risk free/guarantee return. (not good in stockmarket mah)
So open up to listen some PRO advise.
I'm not so convince until witness myself the FD receipt PRO have.
that time PRO just return from bank, I was told to wait at office.
PRO holding 12 piece with tenure 1 month and 3 months.
The amount really hope someday/ one day I could own, (50k, 100k, 40k, 20k) if not mistake about 500k in total.
Not proper to calculate people money when willing to share the knowledge.


Apology, suppose below formula in excel but when typing show all alright until post all the space and alignment off.

Short term
tenure amount rate interest total
1 1 10,000.00 3.25 27.083 10027.083
2 1 10,027.08 3.25 27.157 10054.240
3 1 10,054.24 3.25 27.230 10081.470
4 1 10,081.47 3.25 27.304 10108.774
5 1 10,108.77 3.25 27.378 10136.152
6 1 10,136.15 3.25 27.452 10163.604
7 1 10,163.60 3.25 27.526 10191.131
8 1 10,191.13 3.25 27.601 10218.732
9 1 10,218.73 3.25 27.676 10246.407
10 1 10,246.41 3.25 27.751 10274.158
11 1 10,274.16 3.25 27.826 10301.984
12 1 10,301.98 3.25 27.901 10329.885


Long term
tenure amount rate interest total
12 10,000.00 4.50 37.500 10450.000


apology if offended to anyone. I'm newbie learning from all SIFU here.
appreciated any advice or correction if there is any mistake.

Did online termination for last week matured OCBC FD. But daily transfer limit max 10k, have to transfer out few times !

Why can't OCBC increase it to 50k like some other banks !

This post has been edited by bbgoat: Jul 12 2016, 08:03 PM

Didn't try Deal Hunter's tip to bypass bank's daily IBG limit ? See boleh pakai or not ?

Only one acct there. How to bypass ?

Finger X

Transferred from HL and OCBC (OCBC limited to 10k per day, tak boleh pakai >10k ) to MBB. Placed GIA-i. These are for temporary basis. Waiting to spring into action when needed instead of sitting idle in SA.

Never need to answer any online question. Not sure if it was because it was done when I placed the first GIA-i OTC.

This post has been edited by bbgoat: Jul 12 2016, 09:39 PM

Assuming the FD with OCBC was placed physically, how do you uplift it online? Was it based on your standing instruction?

This post has been edited by Human Nature: Jul 12 2016, 09:37 PM

When placed OTC, no SI given. I think anyone can terminate the FD. When we view the FD online, click on the FD and it will show "Withdrawal" as one of the option. Try it and see.

You are right, the withdrawal option is there. Good info to know.

My friend's Citibank Flexi Housing loan account was hacked using email phising (yes, he was careless) and he lost RM50k in one day.