Dear Valued Customers,
With effect from 25 May 2020, our deposit profit rates for Islamic Products will be revised as follows:
| Tenure | Rates (p.a.) |
|---|---|
| 1 - 2 Months | 1.90% |
| 3 - 5 Months | 1.95% |
| 6 Months | 2.05% |
| 7 - 11 Months | 2.05% |
| 12 Months | 2.10% |
| 13 - 17 Months | Negotiable |
| 18 - 35 Months | Negotiable |
| 36 - 47 Months | Negotiable |
| 48 Months | Negotiable |
| 49 - 60 Months | Negotiable |
With effect from 1 July 2020, the Balance Range Tier for Children Account-i product will be as follows:
| CHILDREN ACCOUNT-i | ||
|---|---|---|
| Existing Balance Range Tier | NEW Balance Range Tier | Profit Rate (% p.a.) |
| Up to RM 100,000 | Up to RM 50,000 | 1.90% |
| Above RM 100,000 | Above RM 50,000 | 0.60% |
| Range (RM) | Rates (p.a.) |
|---|---|
| Up to 5,000 | 0.00% |
| Up to 20,000 | 0.00% |
| Up to 50,000 | 0.00% |
| Up to 100,000 | 0.40% |
| Up to 500,000 | 1.25% |
| Up to 1,000,000 | 1.50% |
| Above 1,000,000 | 1.80% |
*No profit is paid on the first Rm5,000 of your total balances.