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Investment Kenanga Digital Investing (KDI), KDI Invest, KDI Save

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SydneyKL
post Mar 24 2025, 11:44 AM

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QUOTE(FloralEmbrace @ Mar 24 2025, 09:20 AM)
Is the interest calculated on daily rest for KDI Save? This is the calculation I did but it doesn’t match what KDI shows in the ap. App shows RM89.96 which I cannot get from my computation
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Use the formulae to get Daily Interest Amount=Value of investment*((1+EAR)^(1/366)-1)

The weekend will get interest too if the deposit amount is done on Friday before 11 am, thereafter, it will be the next working day.

KDI FAQ:-
user posted image

This post has been edited by SydneyKL: Mar 24 2025, 11:45 AM
SydneyKL
post Mar 24 2025, 05:34 PM

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QUOTE(Medufsaid @ Mar 24 2025, 12:41 PM)
this is for leap year. this year use 365 instead
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Yes, use 365 days. My bad.
SydneyKL
post May 16 2025, 11:03 AM

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QUOTE(guy3288 @ May 12 2025, 02:15 PM)
in a hurry to pump money into Versa promo 6-8%

i withdrew RM25k forgotten today PH
but PH KDI no processing withdrawal  right?

i guess KDI will process it tomorrow on 13.5.25

Can KDI exclude my RM25000 from the 4% interest for today 12.5.25?

Any quick witted guesses?
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You still get interest (after withdrawing RM25K) if you have a balance, unless you fully withdraw the amount.

This post has been edited by SydneyKL: May 16 2025, 11:04 AM
SydneyKL
post May 18 2025, 08:58 AM

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QUOTE(guy3288 @ May 16 2025, 01:06 PM)
not sure what you mean hmm.gif

people said if you withdraw 25k, KDI wont pay  interest for that 25k  for that day.

but it has ben proven wrong,
KDI still pay interest for it on that day
as long as the 25k is still in account not transferred out yet.
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You'll continue to earn interest as long as there is a balance in your KDI account, unless the entire amount is fully withdrawn.
SydneyKL
post Jun 7 2025, 12:48 PM

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There’s no right or wrong answer, everyone has different preferences when it comes to saving, so long as you "don't put all your eggs in one basket".

This post has been edited by SydneyKL: Jun 7 2025, 12:49 PM
SydneyKL
post Jun 10 2025, 11:15 AM

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QUOTE(kart @ Jun 10 2025, 09:00 AM)
Has anyone managed to download KDI statement of account for May 2025, in KDI website?

I cannot see my statement of account for May 2025, in the website yet.
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Same, not yet available.

 

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