Malaysia Interest Rates

The Malaysia economy with a population of 28.25 million (Est 2010) ranks 30th in the world with a GDP PPP of 384 billion and GDP PPP per capita of 13,800 vs 45,934 (United States) according to the IMF in 2009. Its currency is the Malaysian ringgit (MYR) / RM. Bank deposits held for a fixed term in Malaysia are called fixed deposits. According to CIA.gov its inflation was 5.4% in 2008 and .6% in 2009. (price controls in place)

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Malaysia Bank Photos

Malaysia Bank Interest Rates

Showing rates for 21 Bank deposit providers in Malaysia.
Bank Branch Founded Ownership
Maybank Maybank 1750 1960 Local
Hong Leong Bank Hong Leong Bank 329 1905 Local
Public Islamic Bank Public Islamic Bank 259 2008 Local
Public Bank Public Bank 255 1966 Local
RHB RHB 194 1997 Local
AmBank AmBank 187 1975 Local
AmIslamic Bank AmIslamic Bank 186 Local
Bank Rakyat Bank Rakyat 144 1954 Local
Bank Islam Bank Islam 133 1983 Local
Affin Bank Berhad Affin Bank Berhad 103 2001 Local

Malaysia Discussion Activity

  • Bank Rakyat - Deposits - Bank Rakyat 2 Year Term Deposit
    Q: Hello, I would like to ask whether I would get paid the interest, let's say 3.00% for every month or 3.00% for a whole year. Also, if the interest is monthly, can I withdraw the interest?

    Govinth from Malaysia
  • Public Bank
    Q: What's the procedure to open 1) Fixed deposit account 2) Saving Account.?

    Ms Yap from Puchong Batu Dua Belas, Malaysia
  • Bank Rakyat - Deposits - Bank Rakyat 5 Year Term Deposit
    Q: Is Bank Rakyat's Fixed Deposit Shariah comlaint or not?

    Zain from Kuala Lumpur, Malaysia
  • Bank Rakyat - Deposits - Bank Rakyat 1 Year Term Deposit
    Q: What are your branch offices in selangor? Am staying at Ara Damansara, PJ. How do I move efficiently amount of RM200,000 on 15th Feb from BSN to BK Rakyat for 1 yr deposit?

    Alex Soon from Klang, Malaysia
  • Bank Rakyat - Deposits
    Q: Are fixed deposits in Bank Rakyat protected under PIDM otherwise what equivalent protection does a depositor has?

    alvin from Petaling Jaya, Malaysia
  • Bank Rakyat - Deposits - Bank Rakyat 1 Month Term Deposit
    Q: What is the minuman amount to save in fd?

    Paritha from Seremban, Malaysia
  • Bank Simpanan Nasional
    Q: Hi Sir/Madam , Can I know what's the minimum RM to open a saving account ? Thanks

    Raj from Batu Caves, Malaysia
  • Public Bank - Deposits - Public Bank 1 Year Fixed Deposit
    Q: When should I updated my 1 year fixed deposit if it's expired on 11/5/16? Should I updated on 11/5/16 or the next working day which is 12/5/16?

    Ms Loo from Kuala Lumpur, Malaysia
  • Deposits
    Q: Why shouldn't it be possible for PIDM to extend insurance coverage above 250k for participating banks? Proposed insurance coverage where individual customers are willing to pay a separate premium for their deposit sum with their respective banks for deposits in excess of 250k. Pls consider this proposal for confidence building in our banking system besides a new avenue for insurance companies to consider good business.... Tqvm... siva

    Siva from Seremban, Malaysia
  • Deposits
    Q: Is there any ratio on the interest rate given? Or is it net on the rates declared

    Eda from Alor Star, Malaysia