The minimum placement amount according to the respective customer and account type:
Customer / Account Type
|
Minimum Placement
|
Retail/ Individual
|
RM10,000
|
Small and Medium Enterprises (SME)/ Business Banking (BB)
|
RM25,000
|
Sole proprietor, Partnership, Club/ Societies/ Association
|
RM25,000
|
There is no maximum placement amount imposed on Individual customers.However, the maximum placement amount in this campaign for SME, Business Banking, Sole Proprietor, Partnership and Clubs/Societies/Association customers is RM20.0 million per entity.
The promotional interest rates are as below:
Tenure
|
Promotional Rate (p.a.)
|
Effective Rate (p.a.)
|
Prevailing Board Rate (p.a.)
|
|
1 Month
|
3.10%
|
3.10%
|
3.00%
|
|
3 Month
|
1st Month
|
3.10%
|
3.35%
|
3.05%
|
2nd Month
|
3.20%
|
|||
3rd Month
|
3.75%
|
The promotional rate is subject to any Overnight Policy Rate (“OPR”) change. The campaign is available for placements made over the counter at any Maybank Branch. Upon maturity of the FD, the placement rates shall revert to the prevailing board rates for the respective tenures.
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