RHB Bank is one of Malaysia’s top banks, with a strong presence in ASEAN. Not only that, but RHB Bank is a fully integrated financial services group in Malaysia, offering a wide range of financial and service products to their customers and a fast and simple banking experience via cutting-edge technology. RHB Bank also launched RHB Islamic Bank, which offers Shariah-compliant banking and financial services through four business units: Retail Banking, Corporate & Investment Banking, Business & Transaction Banking, and Islamic Treasury.
A fixed deposit (FD) is a great way to save money for a specific period. With high rates and complete safety from withdrawal, this investment type offers new investors great opportunities in return on their investments!
You should know the interest rates upon maturity to ensure you gain a great amount of return. Interest rates differ from bank to bank and tenure to tenure.
Different banks offer different tenures, ranging from 1 month to a few years. Choose the one that suits your needs and financial goals.
It is crucial to identify all costs incurred to avoid spending more than expected.
You should be informed of the penalty amount to know what to expect if you need to withdraw the money before maturity.
Being aware of the customer service and the reputation of the bank you are planning to apply your fixed deposit account is an important step! Do thorough research before deciding on a bank.
RHB Bank offers 4 types of fixed deposits, namely:
You are eligible to apply for RHB Bank fixed deposits if you are:
Among other reasons, you should choose RHB Bank fixed deposits because:
*Based on selected fixed deposit
RHB Ordinary Fixed Deposit, RHB P.A.Y.S. Fixed Deposit & RHB Commodity Murabahah Deposit-i
1 to 60 month
RHB Senior Fixed Deposit
12 to 60 months
FD placement for 1 to 3 months
No interest will be paid
FD placement that lasts more than 3 months
Interest will be paid at 50% of the contracted rate on completed months, subject to 3 months from the date of placement
For more information or assistance with RHB Bank fixed deposits, please contact RHB Customer Service Hotline at 03-9206 8118 or email email@example.com. or visit the nearest RHB Bank branches.
It stands for per annum or each year.
The amount of return earned by depositors.
The amount of time the money is locked in a fixed deposit account.
The amount of money locked in a fixed deposit account to earn interest.
The additional charge from the bank for withdrawals before maturity (or premature withdrawal).
The end of a set time when an investment becomes due, and the principal and interest are repaid.
The money withdrawal in a fixed deposit account before maturity.
The withdrawal of part of the amount in a fixed deposit account before maturity.