Ocbc Fixed Deposit Rate
Interest rate: Base interest: 0.05% a year. When you deposit a minimum of S$50 and make no withdrawal that month: 0.05% a year. OCBC Child Development Account (CDA) holders get an exclusive CDA.
Foreign currency depositsForeign currency deposits are subject to exchange rate fluctuations that may provide opportunities and risks. Earnings on foreign currency deposits would be dependent on the exchanges rates prevalent at the time of their maturity if any conversion takes place. Exchange controls may be applicable from time to time to certain foreign currencies. You should therefore determine whether any foreign currency deposit is suitable for you in the light of your investment objectives, financial means and risk profile. Any pre-termination costs will be deducted from your deposit.
- Age 18 and above
- Trust Accounts can be opened for minors below 18 years old. The account can be operated by parents/guardian solely or jointly.
- Account can be opened by Muslim or non-Muslim individual and company.
- Malaysians, Malaysia PRs and foreigners.
- The rate of 1.55% is 0.4% higher than the average 1.15%. Also it is the highest rate for this term period 1.55 Updated Aug, 2019 on OCBC's secure website.
- Find the Best Fixed Deposit Rates in Malaysia. Use the calculator below to find your best fixed deposit and apply for free! OCBC MYR Fixed Deposit Minimum Deposit. Interest Rate (p.a) 1.60%. Investment Returns RM 160.00. Ambank Islamic Am50Plus Term Deposit-i.
- Renminbi deposit rate applies to personal and corporate customers. Savings Deposit Amount Required for interest and Minimum Time Deposit Amount Required: The above information is for reference only.
2 - 60 months: RM1,000
- Partial settlement in multiples of RM1,000 with a minimum balance of RM1,000
- Subject to Terms and Conditions.
Ocbc Singapore Fixed Deposit Promotion
Ocbc Fixed Deposit Rates
- Can only be done Over The Counter (OTC) at the Bank’s branches.
- Apply to Fixed Deposit(s)-i of 2-month tenures and above only.
- Must be a minimum of RM1,000 and early settlements made partially can only be in multiples of RM1,000.
- A minimum of RM1,000 must be maintained in the receipt until maturity to be treated as partial settlement. If the amount maintained in the receipt is less than RM1,000, it will be treated as full withdrawal of the Fixed Deposit-i.
- Apply to new Fixed Deposit-i/ Fixed Deposit-i rolled over from 5 March 2018 onwards.
- Are not entitled to any profit on the partial settlement portion of the Fixed Deposit-i, regardless of the number of completed months at the time of withdrawal. Upon maturity, profit at the contracted rate is only payable for the Fixed Deposit-i amount that is not withdrawn prematurely.
- Shall be granted a rebate (ibra’) on all Profit attributable to the Partial Early Settlement amount by the customer, and the Bank’s Purchase Price/balance Bank’s Purchase Price shall be reduced by the rebate. If the Profit has already been paid by the Bank, the Customer agrees that the Bank may debit the rebate from the Partial Early Settlement amount.