Bank Rakyat Term Deposit

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Interest Rate Up to 3.35%
Min. Deposit RM500
Review on Bank Rakyat Term Deposit
Pros

Low min. deposit

Cons

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

Deposit Details Deposit Details

  6 mths 12 mths 24 mths
RM500 & above 3.00% p.a. 3.25% p.a. 3.35% p.a.

 

Receive 3.35% p.a. interest for 24 months fixed deposit

Receive 3.25% p.a. interest for 12 months fixed deposit

Receive 3.00% p.a. interest for 6 months fixed deposit

Depositor may choose manner of profit payment either on a monthly basis or upon maturity

Applicable to minimum placement of RM500 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

 

Click here to go to Bank Rakyat website for more details

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