• New placements and withdrawals made anytime via Hong Leong Connect.
• Account and placement details can be viewed upon successful placement.
• Choice of terms from 1 – 12 months.
• Receive interest at regular intervals, or upon maturity.
• Option for auto renewal.
• Flexibility to make early-partial withdrawals from your FD and still earn FD interest on remaining balance (Partial withdrawal must be in multiples of RM1,000).

1. Hong Leong Finance Fixed Deposit Rate 2021
2. Hong Leong Finance Fd Rates
3. See Full List On Hlb.com.my

Eligibility

This month, Hong Leong is offering 0.75% p.a. For 24 months, 0.68% for 18 months, or 0.6% for 12 months, but it also requires a significantly larger sum of $20,000. Before you lock up that much in. Hong Leong Finance fixed deposit rate: Interest rate: 0.65 per cent p.a. Deposit amount: Min. $20,000: Tenure: 24 months: Apart from the big banks like DBS, UOB and OCBC, the fixed deposit.

• Minimum deposit of RM5,000 for 1 month placement and RM500 for 2 months and above.
• For individuals with Hong Leong Conventional / Islamic Current or Savings Account.
• Malaysian 18 years old and above.

Fixed Rate Financing. Variable Rate Financing. Based on fixed interest rate flat and not exceeding 10% p.a. Based on a margin above the Bank’s Base Lending Rate (BLR) and not exceeding 17% p.a. Fixed monthly instalment; Amount of each instalment or the number of instalments shall be revised whenever there is a BLR. Hong Leong Finance fixed deposit board rates. Minimum of S$10,000 to open an account with tenors of 1 or 2 months. Minimum of S$500 for longer tenors. Add on extra 0.125% p.a. If you are 55 years old or above and your placement of fixed deposit is for 12 months or above.

Protected by PIDM up to RM250,000 for each depositor.

Premature Withdrawals (effective 27 September 2018 until 31 December 2018)

Where a e-Fixed Deposit is uplifted, in partial or in full, before maturity the following rules shall apply:

a. No interest is to be paid:

i. any deposits placed for periods of one (1), two (2) or three (3) months that has not run the full period

ii. any other e-Fixed Deposit uplifted before the completion of three (3) months

b. Interest is payable for e-Fixed Deposit uplifted after the completion of three (3) months and will be at half (1/2) the original contracted interest rate for each completed month.

Premature Withdrawals (effective 1 January 2019)

No interest shall be payable on partially withdrawn amounts and premature withdrawals of e-Fixed Deposit.

The next holiday most of us are looking forward to is probably the Christmas Season. In the month of November, banks have launched their Fixed Deposit Christmas Promotion where we can look forward to some attractive interest rates.

For those who has a lump sum of cash and can afford to lock down the money for 12 months or more, I certainly do recommend placing the money into fixed deposits as compared to the Singapore Savings Bonds. The reason is that for a short term period of 12 months, the interest rate for Singapore Savings Bonds has fell tremendously to 1.56% (Read more: December 2019 Singapore Savings Bonds is 1.71%)

Maybank is a clear winner here with interest rate of 1.88% for a 12 months placement. CIMB Bank is in the second place with their Fast Fixed Deposit Christmas Promotion interest rate of 1.80% p.a.

CIMB Fast Fixed Deposit Christmas Promotion

Interest rate: 1.80%, Minimum Placement: S$10,000, Promotion Valid Until: 30th November 2019

The total interest that you will receive if you place S$20,000 for 12 months is S$360.

Hong Leong Finance Fixed Deposit Rate 2021

Hong Leong Finance Fixed Deposit

Interest Rate: 1.73%, Minimum Placement: S$20,000, Promotion Valid Until: Not stated

Hong Leong Finance Fd Rates

Hong Leong Finance seems to have increased their interest rate for S$50,000 to less than S$100,000 deposit for a 12 month period from 1.75% to 1.80%.

The total interest that you will receive if you place S$20,000 for 12 months is S$346.

Standard Chartered Bank (Singapore) Time Deposit

Interest Rate: 1.60%, Minimum Placement: S$25,000, Promotion Valid Until: 30th Npvember 2019

The total interest that you will receive if you place S$25,000 for 9 months is S$300.

See Full List On Hlb.com.my

MayBank Singapore Dollar Time Deposit

Interest Rate: 1.88%, Minimum Placement: S$20,000, Promotion Valid Until: Not stated

The total interest that you will receive if you place S$20,000 for 12 months is S$376.00. However, there are some catch should you choose to place your fixed deposit with MayBank

• You need to have a MayBank Current or Savings account.
• For every S$1,000 deposited into the CASA Account, S$10,000 can be placed into the Singapore Dollar Time Deposit, subject to a minimum of S$20,000 in Time Deposit and the corresponding minimum deposit of S$2,000 in the CASA Account.