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Fixed Deposit

Islamic Fixed Deposit-i

An Islamic Term Deposit with pre-determined profit rate

  • MINIMUM DEPOSIT:

    RM1,000 (for 2 months and above) to RM5,000 (for 1 month)
    RM500 (for in-trust and minor for any tenure)

Benefits

An Islamic term deposit based on the contract of Commodity Murabahah.

With this account, you get:

  • Islamic Term Deposits based on the Shariah concept of Commodity Murabahah ( cost-plus-sale) where a specific asset as deemed fit by the Bank is identified and used as the underlying asset for the sale and purchase transaction between Bank and Customer.
  • Flexibility of tenure from 1 month up to 60 months.
  • Profits paid either monthly, half yearly or upon maturity.
  • Free Personal Accident Takaful Coverage plus medical and funeral expenses (accident only)*
  • Acceptance as collateral for Banking facilities*

* Terms and conditions apply.

         

* Protected by PIDM up to RM250,000 for each depositor.

* Click here for PIDM's DIS Brochure.

Click for Product Disclosure Sheet (PDS) and Terms and Conditions

How to apply

For all individuals aged 18 years and above only

To apply:

Visit a Maybank or Maybank Islamic branch near you with your primary documents.

Available accounts:

  1. Individual aged 18 years and above
  2. Joint accountholders (maximum 4 persons)
  3. Business Enterprises
  4. Associations/Clubs/Societies/Organizations
  5. Trustees
  6. Foreigners
  7. Professionals
  8. Government and Corporate Funds

Required documents:           

  • Valid MyKad for Malaysians
  • Valid Passports for Foreigners and other documentary evidence required by authority according to the purpose of visit/stay in Malaysia

Rates

What rates can you expect from us?

Tenure

Profit Rates (% p.a)

1 month

2.50

2 months

2.55

3 months

2.65

4 months

2.65

5 months

2.65

6 months

2.70

7 months

2.70

8 months

2.70

9 months

2.70

10 months

2.70

11 months

2.70

12 months

2.70

13 - 35 months

2.75

36 - 47 months

2.80

48 - 59 months

2.80

60 months

2.80


*Effective from 29 Jan 2024


Click here for Terms and Conditions on Premature Withdrawal

Click here to view sample 31 days' prior written notice

 

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