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.
MORE INFORMATION
(wef 8/2/2023)
Tenure |
Profit Rate |
|---|---|
1 month |
1.85% |
2 -3 months |
2.25% |
4 – 5 months |
2.35% |
6 months |
2.30% |
7 – 12 months |
2.40% |
13 - 60 months |
2.40% |
Member of PIDM. Protected by PIDM up to RM250,000 for each depositor.
