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 Maybank eGIA-i 3.45% p.a., Rojak of SA + FD + MMF

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memorylane
post Aug 2 2017, 02:59 PM

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is it means from now on, if i put 60months 3.55% and withdraw it prematurely 6 weeks later, the profit will credited monthly (4 weeks later), so i will lost 2 weeks profit? or i will lost all 6 weeks profit?
memorylane
post Aug 2 2017, 05:06 PM

Getting Started
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Junior Member
218 posts

Joined: Aug 2012
QUOTE(vincabby @ Aug 2 2017, 03:10 PM)
after six weeks u put in and you withdraw, u have no interest.

50% interest if you withdraw after 3 months from date of placement.
0% interest if less than three months.
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but GIA already credit monthly profit to saving account after 4 weeks. How they gonna debit back the monthly profit? they gonna deduct our principle when premature withdraw?



http://www.maybank2u.com.my/mbb_info/m2u/p...al/ACC-Accounts

Features & Benefits

Placement tenure : 1 - 60 months
Profit calculated on daily basis Potentially earn higher returns. Profit gained from the investment will be shared between both parties (Customer & Bank) accordingly based on agreed profit sharing ratio (PSR). The profit will be paid on monthly basis and it is NOT subject to tenor or number of withdrawal
Payment of profit is on monthly basis
memorylane
post Aug 2 2017, 05:14 PM

Getting Started
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Junior Member
218 posts

Joined: Aug 2012
QUOTE(vincabby @ Aug 2 2017, 05:09 PM)
are you saying before august deposit? i think i get what you mean now. you put in credit to account every month. that part i am not sure but it sounds like a loophole right now.
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I mean if i put 60 months 3.55% after 1 August, Profit credit to account, monthly basis... so my question is after 4 week my saving account will get 4 weeks interest credited already, after 6 weeks i premature withdraw, i will lost 2 weeks profit or i will lost the whole 6 weeks with principle reduced?

 

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