Online Fixed Deposit - i
HOW DOES IT BENEFIT YOU
HOW DOES IT BENEFIT YOU
Deposit and withdrawal online via Hong Leong Connect
Flexibility of partial withdrawal without losing profit on remaining balance ?
Minimum withdrawal of RM3,000 in multiple of RM1,000, subject to a minimum balance of RM5,000 (for 1-month tenure) or RM500 (for tenure 2-month onwards) maintained at all times
1 month to 60 months flexible tenure selection
HOW DOES IT WORK
HOW DOES IT WORK
1. Check your eligibility
Find out if this account is the right match for you:
For Malaysians and non-Malaysians
18 years old and above
Minimum placement:
-RM500 for 2 months and above; or
-RM5,000 for a 1-month placement
2. Shariah Concept applicable
By applying, you are appointing HLISB as an agent to purchase a commodity with a price equivalent to your deposit amount. You will then sell the commodity to HLISB at a profit, and thereafter HLISB will sell the commodity to a third party to obtain cash on the basis of Tawarruq.
3. Islamic Deposit will enjoy PIDM protection.
MORE INFORMATION
(wef 10/07/2020)
Tenure |
New profit rates |
|---|---|
1 month |
1.20% p.a. |
2 months |
1.50% p.a. |
3 months to 5 months |
1.55% p.a. |
6 months to 60 months |
1.60% p.a. |
Member of PIDM. Protected by PIDM up to RM250,000 for each depositor.
