What is the FD rate in Malaysia?

Which bank FD rate is high 2021 in Malaysia?

Interest Rate: Up to 2.20% p.a. Interest Rate (% p.a.)

3. Hong Leong Bank.

Tenure Interest Rate (% p.a.)
3 Month 2.30
6 Month 2.35
12 Month 2.40
18 Month 2.40

Which bank FD rate is high in 2021?

Best FD Rates 2021 offered by Large Banks

Bank Name FD Interest Rates Deposit Tenure
ICICI 5.50% 5 years 1 day to 10 years
HDFC 5.50% 5 years 1 day up to 10 years
SBI 5.40% 5 years and up to 10 years
Kotak Mahindra 5.25% 5 years and up to 10 years

Which bank FD rate is high 2020?

Axis Bank offers the highest FD interest rate of 5.75% 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 6.50%. The second highest interest rate is 5.50% p.a. which is offered by ICICI Bank and HDFC Bank for a tenure of 5 years and above.

Which bank FD rate is high?

Fixed Deposit Interest Rates by Different Banks

Bank Tenure Interest rate
ICICI Bank 7 days to 10 years 4% to 7.25%
Punjab National Bank 7 days to 10 years 5.70% to 6.85%
HDFC Bank 7 days to 10 years 3.5% to 7.40%
Axis Bank 7 days to 10 years 3.5% to 7.25%
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What is the limit for fixed deposit?

You can deposit a maximum Rs 1.5 lakh a year under Section 80C. There is also tax deducted at source (TDS) on FD. If your interest earned from FD is more than Rs 10,000 in a year, TDS will be deducted.

Which bank is best for investment in Malaysia?

List of Top Investment Banks in Malaysia

  • Affin Hwang Investment Bank Berhad.
  • Alliance Investment Bank Berhad.
  • AmInvestment Bank Berhad.
  • May Bank Investment Bank.
  • KAF Investment Bank.
  • CIMB Investment Bank.
  • Public Investment Bank Berhad.
  • RHB Bank.

Which bank has highest interest rate?

Here are the best online savings account interest rates

  • American Express National Bank – APY: 0.40%, min. …
  • Barclays Bank – APY: 0.40%, min. …
  • Capital One – APY: 0.40%, min. …
  • Discover Bank – APY: 0.40%, min. …
  • Citizens Access – APY: 0.40%, min. …
  • PurePoint Financial – APY: 0.40%, min. …
  • CIT Bank – APY: up to 0.40%, min.