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. Read more Fixed Deposit » Maybank 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. FIND OUT MORE : Deposit online and earn 1.75% p.a. Unless you have submitted the 31 days' notice period at the branch, your fixed deposit will earn 50% of the contracted interest rate. The Fixed Deposit Calculator is used to calculate the fixed deposit interest and maturity amount. Extend your FD period: Just like a conventional FD, your Islamic FD generates higher return for longer FD period. 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. Yes, your money in Maybank Fixed Deposit account is protected by PIDM for up to RM250,000. Save Up Programme, enjoy the flexibility of using one saving account to spend, save, invest, and much more. Please contact the nearest Maybank branch for the latest rates. Show: Select one Current Savings Time Deposits Islamic Deposits 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 Locate the nearest Maybank ATMs, Branches or Dining Treats. 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. The rate of 3.20% is 0.01% lower than the average 3.21%. Is my money in Maybank Fixed Deposit account insured? on the first S$50,000 in your account. Fixed deposit rates Disclaimer: All interest/dividend rates quoted may change without prior notice. Maybank Family Plus is designed to reward the whole family. Such premature withdrawal can only be made at any of our Maybank branch in Singapore. Home > Rates > Fixed deposit rates. 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. 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. For every S$1,000 deposited in your savings account, you can place S$10,000 in Maybank Singapore Dollar Time Deposit. This account is available for individuals and joint accounts. An account today, link it to a debit card and your money will earn up to 3% p.a. Normal or Senior Citizen; Select the type of Fixed Deposit i.e. 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. Maybank 3 Month Fixed Deposit. FIND OUT MORE Cumulative or Interest Payout (Quarterly/Monthly) or Short Term FD; Enter the amount of FD Maybank Save Up Programme. Maybank offers you one of the best Singapore Dollar fixed deposit interest rates or foreign currency time deposits. Get competitive fixed deposit interest rates in Singapore. 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) The interest rate is fixed for the whole maturity period and, it's … Compare the rates: Different banks offer different rates of return for their Islamic FD. With minimum deposit of S$50,001 in 24-month Maybank iSAVvy Time Deposit.