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Bank Rakyat Term Deposit-i Account

 

BankRakyat Logo

Min. Deposit
RM10,000

Interest Rate
up to 4.50%

Review on Bank Rayat Malaysia Term Deposit-i Account

Pros
High FD interest rate

Cons
Deposits not protected under PIDM (Perbadanan Insurans Deposit Malaysia) scheme

 

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Details

7 mths 11 mths
RM10k & above 4.30% p.a. 4.50% p.a.

Receive 4.50% p.a. interest for 11 months fixed deposit (Until 31 Oct 2018)

Receive 4.30% p.a. interest for 7 months fixed deposit

Applicable to minimum placement of RM10,000 and above in fresh funds for customers who open a new Term Deposit-i Account

Eligible Customers must open or maintain a Bank Rakyat Saving Account-i or eCurrent Account-i (eCA-i), where by all profit payments will be credited to their Bank Rakyat Saving Account-i or eCA-i

No profit will be paid for premature withdrawal within 3 months of placement

50% of profit will be paid for premature withdrawal after 3 months of placement

 

Click here to go to Bank Rakyat website for more details

 

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