Which bank is best for fixed deposit in Malaysia 2020?

Public Bank PB Golden 50 PLUS FD Account. Interest Rate.

  • BSN Term Deposit. Interest Rate.
  • Bank of Nova Scotia Fixed Deposit. Interest Rate.
  • Bank of China Fixed Deposit Account. Interest Rate.
  • Public Bank eFixed Deposit. Interest Rate.
  • Maybank eFixed Deposit. Interest Rate.
  • Maybank Fixed Deposit.
  • RHB Ordinary Fixed Deposit.

    • Which bank in Malaysia has the highest FD interest rate?

    Best FD Rates

    • Bank Rakyat: 2.80% 24 months | 2.70% 12 months (min 10k; until Jul 9, 2022)
    • Hong Leong Bank: 2.75% 24 months | 2.50% 18 months | 2.35% 12 months | 2.25% 6 months | 2.15% 3 months (min 10k; until Jun 30, 2022)

    Which bank gives highest return on FD?

    Fixed Deposit Interest Rates by Different Banks

    Bank Tenure Interest Rates for General Citizens (per annum)
    ICICI 7 days to 10 years 2.50% to 5.50%
    Punjab National Bank 7 days to 10 years 3.30% to 5.25%
    HDFC Bank 7 days to 10 years 2.50% to 5.50%
    Axis Bank 7 days to 10 years 2.50% to 5.75%

    Which type of FD is best?

    The tax-saving fixed deposit is the best-secured FD schemefor claiming tax-exemptions under Section 80C of the Income Tax Act. The tax-saving fixed deposit comes with a fixed lock-in period of 5 years. By investing in this fixed deposit scheme, one can get an annual tax exemption of Rs 1.5 Lakh.

    Which Bank have high interest rate on FD?

    IDFC Bank offers the highest FD interest rate of 6.25% p.a. which is for a tenure of 5 years and above for the general public. For senior citizens, the interest rate is up to 6.75%. The second highest interest rate is 5.75% p.a. which is offered by Axis Bank for a tenure of 5 years and above.

    What is ordinary fixed deposit?

    Purpose: Ordinary Fixed Deposit Scheme is suitable for persons requiring higher interest on short term deposits or interest every half year on deposits for medium and long term period.

    How can I uplift my RHB fixed deposit?

    How do I perform a fixed deposit upliftment?

    1. Login as Data Entry and under “Liquidity Management” select “Fixed Deposit”.
    2. Click “Fixed Deposit Upliftment”.
    3. Select “Company Name” from the drop down menu.
    4. Click .
    5. Select “Account”.
    6. Select the “Crediting Account” for Payout (Principal) by clicking .