Corporate

Media Centre

Announcement

Revision of Deposit Rates May 2022

Dear Valued Customers,

With effect from 20 May 2022, the Deposits interest/profit/hibah rates will be revised as follows:
 
 Counter Rates
Tenure (Months) Current Counter Rate (% p.a.) New Counter Rate (% p.a.) effective 20 May 2022
1 1.50 1.75
2 1.60 1.85
3 1.70 1.95
4 - 5 1.75 2.00
6 - 11 1.80 2.05
12 1.85 2.10
> 12 1.85 2.10

 2nd Tier Rates
Tenure (Months) Current 2nd Tier Rate (% p.a.) New 2nd Tier Rate (% p.a.) effective 20 May 2022
1 1.30 1.55
2 1.40 1.65
3 1.50 1.75
4 - 5 1.55 1.80
6 - 11 1.60 1.85
12 1.65 1.90
> 12 1.65 1.90
* Note: 2nd Tier rate is applicable to: (1). Non-resident individuals, (2). Non-individual entities, like SME or Corporations or Business Enterprises who make a FD placement above RM1.0 million. Otherwise, counter rate applies.
 Counter Rates
Tenure (Months) Current Rate (% p.a.) New Counter Rate (% p.a.) effective 20 May 2022
12 and above 1.95 2.20

 2nd Tier Rates
Tenure (Months) Current 2nd Tier Rate (% p.a.) New 2nd Tier Rate (% p.a.) effective 20 May 2022
12 and above 1.75 2.00
* Note: 2nd Tier rate is applicable to non-resident individuals only.
 
Amount (RM) Current Rate (% p.a.) New Counter Rate (% p.a.) effective 20 May 2022
12 and above 1.85 2.10
 
Amount (RM) Current Rate (% p.a.) New Rate (% p.a.) effective 20 May 2022
Up to 1,000 0.25 0.50
Up to 5,000 0.25 0.50
Up to 10,000 0.25 0.50
Up to 30,000 0.25 0.50
Up to 50,000 0.25 0.50
Up to 75,000 0.25 0.50
Up to 100,000 0.25 0.50
Above 100,000 0.25 0.50
 
Amount (RM) Current Rate (% p.a.) New Rate (% p.a.) effective 20 May 2022
Up to 20,000 0.10 0.35
Up to 50,000 0.15 0.40
Above 50,000 0.45 0.70
 
Amount (RM) Current Rate (% p.a.) New Rate (% p.a.) effective 20 May 2022
0 to 50,000 1.50 1.75
Above 50,000 0.00 0.00
 
Amount (RM) Current Rate (% p.a.) New Rate (% p.a.) effective 20 May 2022
0 to 50,000 1.50 1.75
Above 50,000 0.00 0.00
IMPORTANT/DISCLAIMER
Any hibah (gift) made by the bank to the customer for qard based accounts is solely based on the bank’s discretion, as per the bank’s internal policy. The disclosure on the hibah to the customer is based on historical information and shall not be construed in any way as an indicative or prospective rate.
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