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 Fixed Deposit Rates In Malaysia V. No.15, Strictly for FD Discussion Only

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virtualgay
post May 21 2023, 11:29 PM

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MBSB attractiv? What is their rate now?
ronnie
post May 21 2023, 11:38 PM

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QUOTE(nexona88 @ May 21 2023, 08:21 PM)
It's online?
U don't have HLB online??

OTC best is Rentas....

Or u can go for old school bankers cheque

🙏
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It’s a joint account with my kid, so cannot do online for FD withdrawals.

Which is cheaper : GIRO or RENTAS ?
nexona88
post May 22 2023, 12:22 AM

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QUOTE(ronnie @ May 21 2023, 11:38 PM)
It’s a joint  account with my kid, so cannot do online for FD withdrawals.

Which is cheaper : GIRO or RENTAS ?
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Oh... Cannot online

OTC...
Then it's Rentas...
8earread P
post May 22 2023, 08:28 AM

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QUOTE(datolee32 @ May 20 2023, 07:41 PM)
Hey all sifus, sorry out of topic.

The MBSB FD interest is quite attractive, I have bank Islam account but currently not in Malaysia. A quick question, can I open MBSB account online as I am staying at overseas currently?

If yes, what type of account you will suggest to minimize the annual fee?
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Hi, I open my MBSB account online using their website end of last year. You can easily compare the account from the website ya.
virtualgay
post May 22 2023, 11:03 AM

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if by 1st week of june still not much nice promo rate i guess really have to settle for Bank Islam.. just lazy go Bank Islam

nexona88
post May 22 2023, 11:51 AM

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QUOTE(virtualgay @ May 22 2023, 11:03 AM)
if by 1st week of june still not much nice promo rate i guess really have to settle for Bank Islam.. just lazy go Bank Islam
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Banks have the liquidity....
Don't really need more deposit especially for FDs....
So why bother giving high promo rates.....

Also last time, already gave out good rate & gotten all the $$$$ required 💪
KOEL
post May 22 2023, 12:55 PM

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QUOTE(nexona88 @ May 22 2023, 11:51 AM)
Banks have the liquidity....
Don't really need more deposit especially for FDs....
So why bother giving high promo rates.....

Also last time, already gave out good rate & gotten all the $$$$ required 💪
*
Unfortunately that is probably true.....decided to pay off my housing loan and also put excess funds into EPF instead. No more FD goodies...
markedestiny
post May 22 2023, 01:46 PM

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QUOTE(KOEL @ May 22 2023, 12:55 PM)
Unfortunately that is probably true.....decided to pay off my housing loan and also put excess funds into EPF instead.  No more FD goodies...
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Good move, always pay off your debt first. You have already saved alot of interests there.
ilovefdmalaysia
post May 22 2023, 01:55 PM

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QUOTE(virtualgay @ May 21 2023, 11:29 PM)
MBSB attractiv? What is their rate now?
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user posted image


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SunBear1999
post May 22 2023, 02:24 PM

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My first time visit Bank Islam, place FD @ 4.5% (12 months) tenure. Interest upon maturity. Overall experience is good, staff very helpful & professional. 😁👍
virtualgay
post May 22 2023, 02:29 PM

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QUOTE(SunBear1999 @ May 22 2023, 02:24 PM)
My first time visit Bank Islam, place FD @ 4.5% (12 months) tenure. Interest upon maturity. Overall experience is good, staff very helpful & professional. 😁👍
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mana branch?
SunBear1999
post May 22 2023, 02:45 PM

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QUOTE(virtualgay @ May 22 2023, 02:29 PM)
mana branch?
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Minimum placement RM10k
Bank Islam Bandar Botanik Branch
nexona88
post May 22 2023, 02:49 PM

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QUOTE(SunBear1999 @ May 22 2023, 02:24 PM)
My first time visit Bank Islam, place FD @ 4.5% (12 months) tenure. Interest upon maturity. Overall experience is good, staff very helpful & professional. 😁👍
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How long u wait & finished the whole process???
SunBear1999
post May 22 2023, 02:53 PM

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QUOTE(nexona88 @ May 22 2023, 02:49 PM)
How long u wait & finished the whole process???
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Around 10 minutes only 😁
nexona88
post May 22 2023, 02:55 PM

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QUOTE(SunBear1999 @ May 22 2023, 02:53 PM)
Around 10 minutes only 😁
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Damn fast & efficient 💪

Normally I heard Bank Islam slow.... Need at least 1 hours... Got some weird SOP too... Need some CS to double sign & certified something....
SunBear1999
post May 22 2023, 02:58 PM

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[quote=nexona88,May 22 2023, 02:55 PM]Damn fast & efficient 💪

Normally I heard Bank Islam slow.... Need at least 1 hours... Got some weird SOP too... Need some CS to double sign & certified something....
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[/quot
I place FD only, didn’t open saving account there.

This post has been edited by SunBear1999: May 22 2023, 02:59 PM
X_hunter
post May 22 2023, 03:23 PM

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[quote=SunBear1999,May 22 2023, 02:58 PM]
[quote=nexona88,May 22 2023, 02:55 PM]Damn fast & efficient 💪

Normally I heard Bank Islam slow.... Need at least 1 hours... Got some weird SOP too... Need some CS to double sign & certified something....
*

[/quot
I place FD only, didn’t open saving account there.
*

[/quote]

You already have saving account there before you place FD?
SunBear1999
post May 22 2023, 03:34 PM

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QUOTE(X_hunter @ May 22 2023, 03:23 PM)
You already have saving account there before you place FD?
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I don’t have saving account with Bank Islam. This is my first time visit this bank.
bcombat
post May 22 2023, 04:08 PM

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just place FD in bank Islam PJ new town branch. 20 minutes done with FD cert. I already have SA with them previously.

Drawback is that must go to their branch to withdraw FD upon maturity. Also, the officer inform me best don’t lost the hard copy of FD cert and if not withdrawal latter may be a bit troublesome…..they still follow old bank practice.
BWassup
post May 22 2023, 04:08 PM

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QUOTE(ilovefdmalaysia @ May 22 2023, 01:55 PM)
user posted image
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"Latest promotion" means existing one or gonna have a revised one? Higher rates or not?

Just bring your cheque book and get ready to place FD? laugh.gif

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