The interest rate is fixed for the whole maturity period and, it's … FIND OUT MORE Minimum age: 16 years old ; Initial deposit: S$1,000 for tenures from 2 to 36 months; S$10,000 for 1-month tenure and Choice Date with flexible tenure Please contact the nearest Maybank branch for the latest rates. Extend your FD period: Just like a conventional FD, your Islamic FD generates higher return for longer FD period. on the first S$50,000 in your account. Deposit Insurance Scheme Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Maybank Save Up Programme. Read more Fixed Deposit » Maybank Maybank Family Plus is designed to reward the whole family. Cumulative or Interest Payout (Quarterly/Monthly) or Short Term FD; Enter the amount of FD What is Fixed Deposit A fixed deposit (usually abbreviated as FD), offered by both banks and companies, is a fixed sum of money that is held in a savings account for a set period of time, thereby earning you a fixed rate of interest in return. Unless you have submitted the 31 days' notice period at the branch, your fixed deposit will earn 50% of the contracted interest rate. Type Fixed: Rate 3.20%: Currency: MYR: This FD account is for a 3 month tenure which requires a minimum investment of RM1000 for tenures over 2 months. Locate the nearest Maybank ATMs, Branches or Dining Treats. Yes, your money in Maybank Fixed Deposit account is protected by PIDM for up to RM250,000. Maybank 3 Month Fixed Deposit. Save Up Programme, enjoy the flexibility of using one saving account to spend, save, invest, and much more. Fixed Deposit maturity amount can be calculated using the FD Calculator in a simple manner using the below steps: Customer will have to select the Customer Type i.e. Fixed Deposit is a kind of Term Deposit with higher interest rate (as compared to regular savings account) and because of high interest rate and low risk, it's quite a popular investment choice in India. Earn up to 3X interest on the first S$30,000 of your child's savings when you save in Youngstarz and iSAVvy Savings Account and spend on your Maybank Family and Friends Card. The Fixed Deposit Calculator is used to calculate the fixed deposit interest and maturity amount. Before you sign up for one, do the necessary comparisons on iMoney’s online calculator to make sure you are getting the best possible rate. Show: Select one Current Savings Time Deposits Islamic Deposits Is my money in Maybank Fixed Deposit account insured? Maybank offers you one of the best Singapore Dollar fixed deposit interest rates or foreign currency time deposits. Normal or Senior Citizen; Select the type of Fixed Deposit i.e. FIND OUT MORE : Deposit online and earn 1.75% p.a. With effect from 1 January 2019 (“Effective Date”), the new premature withdrawal rule for all existing, renewed and new placements of Conventional Fixed Deposit are as follows :-Immediate Fixed Deposit Premature Withdrawal (Without 31 days’ Notice Period) This account is available for individuals and joint accounts. Compare the rates: Different banks offer different rates of return for their Islamic FD. The rate of 3.20% is 0.01% lower than the average 3.21%. Home > Rates > Fixed deposit rates. An account today, link it to a debit card and your money will earn up to 3% p.a. Such premature withdrawal can only be made at any of our Maybank branch in Singapore. With minimum deposit of S$50,001 in 24-month Maybank iSAVvy Time Deposit. 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