Saturday 1 June 2013

June's Fixed Deposit Rates Update - 1.10% p.a.

RHB Bank's "Ground Shattering Interest Rate" Fixed Deposit promotion was over.  

I have found out that ICICI Bank has a HiSAVE Fixed Deposit offering 1.10% p.a. for a 12 months tenure and have added ICICI Bank to my list of high interest FD.

The highest interest rate in the market now is 1.10% p.a., offered by 3 banks.

1. ICICI Bank

HiSAVE Fixed Deposit is an online fixed deposit account linked with the HiSAVE online Savings Account and all monetary inflow and outflow of funds happens online from and to such HiSave accounts.  Minimum placement sum for HiSAVE Fixed Deposit account is $1,000.

HiSAVE online savings account starts from as little as $1.  No minimum balance requirements and no monthly fees.

2. CIMB Bank

The promotional interest rate now is 1.10% p.a. for 12 months tenure.  Minimum placement sum $25,000.

3. Maybank

The promotional interest rate now is 1.10% p.a. for 12 months tenure.  Minimum placement sum $60,000.


No. BANK MIN. PLACEMENT SUM $ TENURE months INTEREST % P.A.
1
ICICI Bank
1,000
12
1.10
2
CIMB Bank
25,000
12
1.10
3
Maybank
60,000
12
1.10

Related post:

May's Fixed Deposit Rates Update

Maybank Fixed Deposit


Please let me know if there is better offer in the market.

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