Basic Savings Account
Simple. Easy. Convenient.
Our Basic Savings Account provides you all you need from your bank minus any unnecessary frills.
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A savings account for your everyday banking needs. With interest credited every six months, your money will grow over time.
Benefits
- With multi-tiered interest rates, you can earn returns on every Ringgit you save.
- Interest is calculated daily and credited to your account every six months Banking services are available at all our branches, including cheques and cash deposits, withdrawals via ATMs, fund transfers, and bill payment facilities.
- Banking services are available at all our branches, including cheques and cash deposits, withdrawals via ATMs, fund transfers, and bill payment facilities.
- Cheque eXpress Service & Cash Deposit Machines for easy cheque/cash deposits.
- Enjoy allianceonline internet banking services.
Note:
Protected by PIDM up to RM250,000 for each depositor. View PIDM brochure in your preferred language here.
Eligibility
WHO CAN APPLY?
- You can apply if you are a Malaysian above 1 month old (including permanent residents).
- Children below eighteen (18) years old can also apply if accompanied by a parent or legal guardian.
- A minimum deposit of RM20 is required to open an account.
Note:
- A minimum balance of RM20 is required to be maintained in your account.
- The account can be operated individually or jointly.
- Please note that fees and charges may apply
Interest Rates
| Amount (RM) | Rate (% p.a.) |
|---|---|
| Up to 1,000 | 1.00 |
| Up to 5,000 | 1.00 |
| Up to 10,000 | 1.00 |
| Up to 30,000 | 1.00 |
| Up to 50,000 | 1.00 |
| Up to 75,000 | 1.00 |
| Up to 100,000 | 1.00 |
| Above 100,000 | 1.00 |
Effective date: 9 November 2022
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