The participating products are RHB Step Up FD and CASA only. The promotional rates are as shown above. The effective interest rate for the promotion is 4.00% p.a. All deposit placement must be made with new fund only. 10% of FD placement amount will be earmarked in customer's CASA for 3 months. FD and CASA placement must be exercised on the same day.
Interest will be paid upon the maturity of each cycle (3 months) and credited into customer's CASA. Upon maturity of the 15-month cycle promotional rate, the FD will automatically renew to a 3-month ordinary FD at the prevailing board rate respectively. Partial withdrawal is not allowed. Withdrawal on maturity of each cycle is allowed and not subjected to penalty interest.