Malaysia Fixed Deposit Rates
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).
Best Interest Rates for Fixed Deposit Accounts in Malaysia
|Deposit Account Type||Term||APY||Account Details|
|CIMB Islamic Malaysia 1 Year Profit Sharing Investment Account||1 year||2.90%||The rate is for a 12 month/1 year term and is this return is based on a predetermined profit shar - MYR - Aug, 2014||More Info|
|Citibank Malaysia 1 Year Time Deposit||1 year||3.05%||The interest rate for this time deposit is for a 12 month / 1 year period. - MYR - Aug, 2014||More Info|
|AmBank 1 Year Fixed Deposit||1 year||3.15%||The rate indicated is applicable to the 'conventional fixed deposit rates' and the 'AmOnline Rate - MYR - May, 2014||More Info|
|RHB 3 Month Fixed Deposit||3 month||3.20%||The RHB FD is a 'ordinary fixed deposit' product which is for a term of 3 months and requires a m - MYR - Aug, 2014||More Info|
|Public Bank 3 Month Fixed Deposit||3 month||3.20%||The interests for this FD account is applicable for a 3 month tenure and requires a minimum depos - MYR - Aug, 2014||More Info|
|Maybank 3 Month Fixed Deposit||3 month||3.20%||This FD account is for a 3 month tenure which requires a minimum investment of RM1000 for tenures - MYR - Aug, 2014||More Info|
|HSBC Malaysia 1 Year Time Deposit||1 year||3.25%||The interest rate is for a 12 month / 1 year term with the Minimum deposit amount for deposits of - MYR - Aug, 2014||More Info|
|RHB 6 Month Fixed Deposit||6 month||3.25%||The 'ordinary fixed deposit' product from RHB requires a minimum of RM500 for FD Tenure of 2 mont - MYR - Aug, 2014||More Info|
|Maybank 6 Month Fixed Deposit||6 month||3.25%||The interest rate is applicable for the 6 month FD rate and is eligible for protection by PIDM re - MYR - Aug, 2014||More Info|
|Hong Leong Bank 1 Year Fixed Deposit||1 year||3.30%||Rate is applicable for 12 month fixed period. - MYR - Aug, 2014||More Info|
|Public Bank 6 Month Fixed Deposit||6 month||3.30%||The interest rates are applicable for a 6 month tenure and with FD rates not available to non-res - MYR - Aug, 2014||More Info|
|Maybank 1 Year Fixed Deposit||1 year||3.30%||Rate is applicable for 12 month period with a minimum RM1,000 deposit. - MYR - Aug, 2014||More Info|
|Public Bank 1 Year Fixed Deposit||1 year||3.35%||FD Interest Rates are for a 12 month / 1 year period, please note rates are not applicable to non - MYR - Aug, 2014||More Info|
|CIMB Islamic Malaysia 1 Year Islamic Fixed Deposit||1 year||3.40%||The rate is appliable for a 12 month term for the Islamic Fixed Return Investment Account-i (FRIA - MYR - Aug, 2014||More Info|
|CIMB Bank 1 Year Fixed Deposit||1 year||3.40%||The interest rate for this FD account is for a 12 month tenure for Tier 1. It requires a minimum - MYR - Aug, 2014||More Info|
|RHB 1 Year Fixed Deposit||1 year||3.45%||Interest Rate is applicable for a 12 month / 1 year period, same rate applies for residents and n - MYR - Aug, 2014||More Info|