Tenure (Months) |
Counter Rate (% p.a.) |
2nd Tier Rate (% p.a.)
(for Individual) |
2nd Tier Rate (% p.a.)
(for non Individual)
|
1 |
1.50 |
1.30 |
1.30 |
2 |
1.60 |
1.40 |
1.40 |
3 |
1.70 |
1.50 |
1.50 |
4 - 5 |
1.75 |
1.55 |
1.55 |
6 - 11 |
1.80 |
1.60 |
1.60 |
12 |
1.85 |
1.65 |
1.65 |
> 12 |
1.85 |
1.65 |
1.65 |
Above 24 months |
Negotiable |
Negotiable |
Negotiable |
Effective date: 8 June 2021
* 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.