Malaysia Fixed Deposit Rates
|RHB 1 Year Fixed Deposit||3.45%||1 year||Apply|
|Public Bank 1 Year Fixed Deposit||3.35%||1 year||Apply|
|AmBank 1 Year Fixed Deposit||3.35%||1 year||Apply|
|Hong Leong Bank 1 Year Fixed Deposit||3.30%||1 year||Apply|
|HSBC Malaysia 1 Year Time Deposit||3.30%||1 year||Apply|
|Public Bank 6 Month Fixed Deposit||3.30%||6 month||Apply|
|Maybank 1 Year Fixed Deposit||3.30%||1 year||Apply|
|CIMB Bank 1 Year Fixed Deposit||3.30%||1 year||Apply|
|CIMB Islamic Malaysia 1 Year Islamic Fixed Deposit||3.30%||1 year||Apply|
|RHB 6 Month Fixed Deposit||3.25%||6 month||Apply|
|Maybank 6 Month Fixed Deposit||3.25%||6 month||Apply|
|RHB 3 Month Fixed Deposit||3.20%||3 month||Apply|
|Public Bank 3 Month Fixed Deposit||3.20%||3 month||Apply|
|Maybank 3 Month Fixed Deposit||3.20%||3 month||Apply|
|Citibank Malaysia 1 Year Time Deposit||3.20%||1 year||Apply|
About Fixed Deposits in Malaysia
In Malaysia fixed interest savings products issued by most banks are most commonly called fixed deposit accounts. However occasionally they may also be called time deposit accounts as well depending on the bank. Across the Asian region some countries call similar bank issued products time deposits (China) or fixed deposits (India).
This product earns you interest at an agreed rate depending on tenure or term which can range from short term to a longer term time frame. Rates can fluctuate depending on various factors including monetary policy by the Portal Rasmi Bank Negara Malaysia (bnm.gov.my). Local deposits are denominated in the national currency, the Malaysian ringgit RM (MYR).
There are many different types account options available including Malaysia Shariah-compliant deposit accounts. These may also be covered and eligible for protection of depositors by PIDM (Perbadanan Insurans Deposit Malaysia).