Hong Leong CNY 2013 Bundle FD

It's now less than a month to the Year of Snake, Hong Leong Bank is launching a FD promotion from 18th January to 28th February 2013 or upon reaching RM 600 million funds, whichever comes first.

The campaign is open to all new and existing HLB individual customers and non-individual customers. The FD promotional rate is fixed at 4.18% p.a. for 12 months.To enjoy the promotional rate, customers are required to place fresh fund into the FD and also deposit 20% of FD placement amount into CASA. The eligible FD accounts and FD placement amount are listed as follow:

No.	Participating Accounts	Prevailing Board Rate	FD Placement Amount	Minimum Deposit Amount in CASA (Earmark 4 months)
1	HL Conventional FD	3.10% p.a.	RM 10000 to RM 1000000	20% of FD placement amount
2	HL Flexi FD	3.25% p.a.
3	HL Junior FD	3.25% p.a.
4	HL Senior Savers Flexi FD	3.25% p.a.
5	HL PB Premium FD	3.25% p.a.	RM 50000 to RM 2000000	20% of FD placement amount

Customers are required to deposit the stipulated minimum amount into one of the following CASA:

a) Hong Leong Basic Savings Account
b) Hong Leong Savings Account
c) Hong Leong Junior Savings Account
d) Hong Leong Senior Savers Savings Account
e) Hong Leong One Account
f) Hong Leong Pay & Save Account
g) Hong Leong SmartLink Account
h) Hong Leong Basic Current Account
i) Hong Leong Current Account

Customers are also entitled to an early bird gift, which is the Citrine Tree with Gold Plated Leaves, subject to a minimum deposit of RM 200000 in FD and RM 40000 in the nominated CASA, whereby the minimum amount deposited into the CASA shall be earmarked for 4 months, on a first-come-first-serve while stock last basis and limited to 1 only per Customer throughout the campaign.

The actual interest rate for the FD bundle with HL Basic Savings Account is 3.394% p.a. while the interest rate for the FD bundle with HL Junior Savings Account is 3.924% p.a. Below is the summary of the ongoing FD promotion by Hong Leong Bank:

No.	FD Promotion	Promotional Rate	Tenure	Effective Rate
1	HL Prosperity FD	4.28% p.a.	12-month	3.455% p.a.
2	HL Fatt Choi FD	3.70% p.a.	3-month	3.355% p.a.
3	HL Fatt Choi FD	3.40% p.a.	3-month	3.40% p.a.
4	HL CNY 2013 Bundle FD	4.18 % p.a.	12-month	3.394% p.a.