48 SMART: RHB 15 Months Step Up FD
+Smartan Dad

Wednesday, 5 December 2012

RHB 15 Months Step Up FD

Recently, the banks are keen in promoting Step Up FD in a very low profile way. I was informed by a friend that RHB advertised on newspaper about the Step Up FD. I tried to search from RHB website but I could not find any information about it. Today I purposely visited the nearest RHB branch to get the brochure.


























RHB 15 Months  Step Up FD promotion began on 9 November and ends on 31st December 2012. The minimum FD placement is RM 30000 fresh fund. Besides, eligible customers need to deposit 10% of the equivalent FD placement to RHB CASA for period of 90 days. Interest will be paid quarterly to CASA. Upon maturity, the FD will be automatically renewed to a 3-month ordinary FD.

No. of Renewal
FD Tenure ( Months)
Preferential Rate
Opening
1st to 3rd month
3.30%
1st
4th to 6th month
3.40%
2nd
7th to 9th month
3.45%
3rd
10th to 12th month
3.50%
4th
13th to 15th month
3.88%


The actual interest rate for RHB step up FD is 3.51% p.a.

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