For 12 months placement of S$20,000 at 0.73% p.a., the … We provide monthly updates on the best fixed deposit rates in Malaysia with tables showing the top 5 rates for the duration of 1, 3, 6, 9, and 12 months. Receive interest at regular intervals, or upon maturity. if you are 55 years old or above and your placement of fixed deposit … PayNow Monthly E-Gadget Draw S$1,300 worth of prizes up for grab when you use PayNow to deposit money or pay loan with us. Hong Leong Finance fixed deposit board rates. In the event of any discrepancies, the specific T&Cs herein shall prevail to the extent of such discrepancy. To Combat the Covid-19 outbreak, Hong Leong Finance has rolled out Covid-19 Loan Relief Schemes to help customers to tide over difficult time. Bank Rakyat offers the best rate for most FD products this month (3, 6 … Stay updated with the latest Foreign Exchange Rates from around the world and optimise your returns with attractive rates. Enjoy up to 0.75% p.a.with min. Minimum deposit of RM5,000 for 1 month placement and RM500 for 2 months and above. You are leaving Hong Leong Bank's website as such our Privacy Notice shall cease. Learn how your comment data is processed. Revision of Interest Rates for Conventional Fixed Deposits and Current / Savings Account . For 6 months placement of S$25,000 at 0.40% p.a., the interest that you will receive upon maturity is S$50. Manage your e-fixed deposits with Hong Leong Connect. 193401000023 (97141-X)] (“HLB”) Bancassurance 2020 CNY Regular Premium Fixed Deposit Promotion (“Promotion”) commences on 29 January 2020 and ends on 18 February 2020, both dates inclusive … Minimum of S$500 for longer tenors. Highest fixed deposit interest rates in Singapore (June 2020) ... Hong Leong Finance: $100,000: 10 months: ... June 2020’s promotional rates are much lower from below 1 per cent to 1.3 … I found some changes to the time deposit offered by MayBank. Check your inbox or spam folder to confirm your subscription. if you are 55 years old or above and your placement of fixed deposit is for 12 months or above. The highest interest rate is by Bank of East Asia which offers an interest rate of 0.75% p.a. 29 August 2020 Hong Leong Financial Group Records a Net Profit Attributable To Shareholders of RM1.9 Billion for its Financial Year Ended 30 June 2020. One good alternative is buying a short term endowment plan. Where a e-Fixed Deposit is uplifted, in partial or in full, before maturity the following rules shall apply: i. any deposits placed for periods of one (1), two (2) or three (3) months that has not run the full period, ii. For a minimum amount of S$1,000, you can perform a fixed deposit placement with DBS. Hong Leong Financial Group Berhad (“HLFG” or the “Group”) today announced its final results for the financial year ended 30 June 2020 (“FY20”). Best Fixed Deposit Promo Interest Rates Deposit Amount Tenor Interest Rate Valid Till; Hong Leong Finance: $20,000 and above: 12 months: 0.55%: Limited time: 18 months: 0.58%: Limited time: 24 … We will be accepting new placements for tenors 8 months and below. for 12 months tenure and 0.70% p.a. for 18 months tenure with minimum deposit of $20,000. 3 months: 0.1000% p.a. 0.2000% p.a. Sometimes it's not enough to simply have a safe haven for your money. Flexibility to make early-partial withdrawals from your FD and still earn FD interest on remaining balance (Partial withdrawal must be in multiples of RM1,000). Add on extra 0.125% p.a. DBS/POSB: Earn up to 1.1% p.a. for 24-mth Singapore Dollar Time Deposits (as of 2 Oct 2020) **BEST for funds up to $49999** UOB: Earn up to 0.50% p.a. I have shared many other financial instruments that is similar to what fixed deposits can offer. Hong Leong Finance Fixed Deposit offers competitive promotional rates for deposits of medium-length tenure, making it a great option if you're considering investing for about 1 year. For overdue Fixed Deposit, the then prevailing Board Rate for completed quarter apply. We wish to remind you on our terms on the use of links, Disclaimer and Reservation of Intellectual Property Rights. Initial deposit … Check out the fixed deposit rate offered by Hong Leong Islamic Bank for various months of placement. Promotional interest rates are subject to change without prior notice. Fixed Deposit Interest Rates Effective Date: 19-Jan-2021 9:30AM Last Updated: 19-Jan-2021 9:30AM No interest shall be payable on partially withdrawn amounts and premature withdrawals of e-Fixed Deposit. For individuals with Hong Leong Conventional / Islamic Current or Savings Account. The 1 year interest rate for September 2020 Singapore Savings Bonds has fallen as low as 0.24%, thus any of the fixed deposits promotion below will beat the Singapore Savings Bonds.. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. The current low interest rates offered by most banks remained unattractive to me. Singapore dollars $20,000 & above for 24 months in our Hong Leong Finance Singapore Fixed Deposit Covid-19 Promotion. Hong Leong Finance fixed deposit rate: Interest rate: 0.65 per cent p.a. Highest fixed deposit interest rates in Singapore (Jan 2020) ... Hong Leong Finance, ... which is way lower than the $10,000 or $20,000 you'd need to secure a decent fixed deposit interest rate. My preferred fixed deposits below is DBS and Maybank iSAVvy Time Deposit. Find out more For enquiries, connect with us online or drop by your nearest Hong Leong … [ Updated On: 13 Aug 2020 ] 2.57%: 5.42%: Ambank [ Updated On: 13 Aug 2020 ] 2.60%: 5.45%: CIMB Bank [ Updated On: 13 Aug 2020 ] 2.75%: 5.60%: Citibank [ Updated On: 13 Aug 2020 ] 2.40%: 5.55%: Hong Leong … One good alternative is buying an endowment plan. New placements and withdrawals made anytime via Hong Leong Connect. Hong Leong Finance fixed deposit board rates. Deposit amount: Min. Dear Valued Customers, With effect from 6 March 2020, ... Hong Leong … Add on extra 0.125% p.a. with a 1-year deposit of S$20,000 and above. with the latest SGD fixed … Available at: All Hong Leong Finance … Hong Leong Finance: Earn up to 1.73% p.a. The latest one is NTUC Income Gro Capital Ease which offers … Earn up to 1.50% p.a. Hong Leong Bancassurance 2020 CNY Regular Premium Fixed Deposit Promotion (Last update: 24 January 2020) PROMOTION PERIOD The Hong Leong Bank Berhad’s [Company No. Minimum of S$10,000 to open an account with tenors of 1 or 2 months. Click here for more information. Date: 3rd January 2020 Onward. I have shared many other financial instruments that is similar to what fixed deposits can offer. b. Enjoy the latest updates and promotions on the best loans and savings account from Hong Leong Finance Enjoy up to 0.75% p.a. 31 Dec 2020: 6 months: 0.35%: 12 months: 0.55%: ICBC (via e-banking) $500 and above: 6 months: 0.30%: ... Hong Leong Finance Fixed Deposit Promotion Interest Rates. Endowment plans guarantee your capital upon … Other terms & conditions apply. 0.1500% p.a. For a 12 months placement of S$25,000 at 1.20% p.a., the interest that you will receive upon maturity is S$300. The interests paid last month was S$18.72 based on a deposit of S$10,000. Premature Withdrawals (effective 27 September 2018 until 31 December 2018). Click here to go to Hong Leong Finance website for more details Do NOT follow this link or you will be banned from the site. Compare interest rates across all of our Fixed Deposit Accounts. BLUE SKY FIXED DEPOSITS. Overall, Islamic FD products continue to offer higher interest rates compared to conventional FD products. With our highly competitive interest rates, you get more. The 1 year interest rate for July 2020 Singapore Savings Bonds has fallen as low as 0.30%, thus any of the fixed deposits promotion below will beat the Singapore Savings Bonds.. Last updated January 2021 DBS/POSB P3W5D Past Event with their latest fixed deposits promotion from 2 Jan 2020 UPDATED 17 Jan 2020 2 Jan 2020 SGNewsMan Credit Cards, Prepaid Cards, Banks , Events Due to COVID-19, some offers may no longer be valid or temporarily suspended. Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000.00 in aggregate per depositor per Scheme member by law. ... 11 Nov 2020 to 20 Jan 2021: ... Hong Leong Bank (eFixed Deposit … Enjoy from as low as 1.28% p.a. Terms and Conditions for Hong Leong eFixed Deposit Account and Terms and Conditions for Hong Leong Fixed Deposit-i shall be read as an entire agreement. Find out more about Hong Leong Bank’s FD rates from interest to reference. Best Highest Fixed Deposit Interest Rates in Singapore. ESAF Small Finance Bank. Protected by PIDM up to RM250,000 for each depositor. Monthly Update. for 18 months tenure and funds of $1,000 and above. Minimum of S$10,000 to open an account with tenors of 1 or 2 months. >, Reservation of Intellectual Property Rights. Interest Rate: 1.20% (12 months) or 1.40% (24 months), Minimum Placement: S$25,000, Promotion Valid Until: Not stated. Hong Leong Finance offers a comprehensive range of products to meet all your financial and business needs for fresh funds via Online Instruction Form & PayNow 12, 18 and 24 Months Fixed Deposit … for up to S$10,000. any other e-Fixed Deposit uplifted before the completion of three (3) months. (Additional 1.30% interest + 0.20% base interest) on your monthly savings via GIRO transfers. Important Notice: From 21 May 20, interest rates for new placements and renewals in an SGD FD Account will be computed based on the total SGD FD balances, instead of each placement and/or renewal. Renew your current FD or place fresh funds via Paynow. The 1 year interest rate for July 2020 Singapore Savings Bonds has fallen as low as 0.30%, thus any of the fixed deposits promotion below will beat the Singapore Savings Bonds. OCBC: Earn up to 0.50% p.a. details for productdetail page promotion, Fixed Deposit Account For 10 months placement of S$20,000 at 0.90% p.a., the interest that you will receive upon maturity is S$150.00. Looking for the best fixed deposits in Singapore? Account and placement details can be viewed upon successful placement. Interest Rate: Up to 0.95%, Minimum Placement: S$20,000, Promotion Valid Until: Not stated. Here’s a roundup of this month’s updates to the best fixed deposit accounts in Malaysia. Hong Leong Finance partners HDB on the launch of a new HDB Flat Portal to improve flat buying journey The Banker’s Top 1000 World Banks 2020 ASEAN Finance Company 2020 by Asian Banking & Finance Last updated January 2021 OCBC P4W1D Past Event 25. Singapore Savings Bonds SBJUL20 GX20070W is 0.8%, Frasers Logistics and Commercial Trust FY20 Full Year Results, First REIT Restructure Master Lease Agreements. From 22 December 2020. If you happen to be a priority banking customer, for 6 months placement of S$25,000 at 0.50% p.a., the interest that you will receive upon maturity is S$62.50. Last month, I have signed up for a Singlife account, which is an insurance savings plan that offers you 2.5% p.a. Kuala Lumpur, 6 March 2020 . with 12 mths time deposit from 2 October 2020 UPDATED 5 Nov 2020 List of Fixed Deposit sale events, promotions, price list and other happenings in Singapore. They are endowment plans such as Tiq 3 Year Endowment Plan and China Taiping i-Save Plan. Find out more about Hong Leong Bank’s FD rates from interest to reference. Interest Rate: Up to 0.73%, Minimum Placement: S$20,000, Promotion Valid Until: Not stated. For a 24 months placement of S$25,000 at 1.40% p.a., the interest that you will receive upon maturity is S$704.90. 0.1000% p.a. I have shared many other financial instruments that is similar to what fixed deposits can offer. The bonus interest is in additional to attractive rate for deposits that ranges from 0.15% to 0.20% p.a. Interest Rate (wef 10/07/2020) Terms & Conditions; New placements and withdrawals made anytime via Hong Leong Connect. Tenure Interest Rate < $50,000: $50,000 and above: 1 month: 0.0500% p.a. any other e-Fixed Deposit uplifted before the completion of three (3) months. Based on the interests rates published on 4th May 2020, the rates remained unchanged. The benefit of these endowment plans is the guaranteed capital upon maturity which is similar to what fixed deposits offer. ESAF Small Finance Bank offers a wide range of term deposit schemes and attractive interest rates; Currently the rate of interest offered to the general public is 6.50% p.a. Hong Leong also offers the best fixed deposit interest rates in Singapore where you can earn 1.20% p.a. This site uses Akismet to reduce spam. HLB FD Promotion - Grow and save your money with Hong Leong Bank's FD promotion in Malaysia. Even for a 6-month tenure, you can still earn 1.0% p.a., which is a practical option for everyone. Higher deposits and tenure offers higher interest rates. The current Money Lobang National Average Fixed Deposit Rates for January 2021 is 0.47% p.a. Interest Rate: 0.90%, Minimum Placement: S$20,000, Promotion Valid Until: 30th June 2020, Interest Rate: 0.85%, Minimum Placement: S$5,000, Promotion Valid Until: 30th June 2020. Imagine if you could stash away all the money you received as gifts throughout the year, forget about it for a while, […]The post Best Fixed Deposits To Lock In Your Savings In Singapore (2021) appeared first on SingSaver Blog - We Compare, You Save. Premature Withdrawals (effective 1 January 2019). Hong Leong Finance Deposit Promotion. Our Covid-19 Safeguard measures implemented at our branches to help protect the well-being of … Bonus interest is payable in January and July and is only credited if the GIRO funds are not withdrawn. Edit here to enter Check the latest fixed deposit and EFD promotion rates here! 6 months: 0.1500% p.a. There are varying fixed deposit promotions in terms of interest rates, tenure period offered by the banks in June 2020. Open a Fixed Deposit Account with CIMB now. * Interest Rate based on maximum deposit amount of $75,000 and tenures ranging from 3 to 18 months . Earn 0.15% base interest for deposits of $500 to $49,999 and 0.20% base interest for deposits of $50,000 and above. for all term deposits held for a tenure ranging from 365 days to 727 days; For senior citizens the rate of interest paid is 7.00% p.a. if applied for deposits annually. te … Interest Rate: Refer below, Minimum Placement: S$1,000, Promotion Valid Until: Not stated. We give you the lowdown on how fixed deposits work, and round up the best fixed deposit offers in the market right now. ii. for 2-year fixed rate package for loan amount of S$100,000 and above. Minimum of S$500 for longer tenors. For 12 months placement of S$5,000 at 0.85% p.a., the interest that you will receive upon maturity is S$42.50. with 18-mth fixed deposits (From 4 Sep 2020) UPDATED 2 Oct 2020 List of Fixed Deposit sale events, promotions, price list and other happenings in Singapore. The 1 year interest rate for August 2020 Singapore Savings Bonds has fallen as low as 0.27%, thus any of the fixed deposits promotion below will beat the Singapore Savings Bonds.. Actual effective interest rate of up to 0.93% p.a. It seems that MayBank had decided to do away with their traditional time deposit and replace with the iSAVvy Time Deposit. This promotion is valid from 17th April 2020 onwards for a minimum placement amount of S$25,000 in iSAVvy Time Deposit via Maybank Mobile/Online Banking (for individuals only). In fact, consumers can earn up to 0.68% p.a. b. Maybank: Earn up to 1.0% p.a. For a 12 months placement of S$10,000 at 1.40% p.a., the interest that you will receive upon maturity is S$140. I have shared many other financial instruments that is similar to what fixed deposits can offer. They are endowment plans such as Tiq 3 Year Endowment Plan and China Taiping i-Save Plan. Hong Leong Finance Fixed Deposit Rate Promotion - 04/2020. The current highest fixed deposit rate is a Hong Leong Finance fixed deposit promotional rate. Rates show are per annum. Hong Leong Finance: $ ... June 2020’s promotional rates are much lower ... which is way lower than the $10,000 or $20,000 you’d usually need to secure a decent fixed deposit interest rate. ... Interest is payable for e-Fixed Deposit uplifted after the completion of three (3) months and will be at half (1/2) the original contracted interest … For more info, click here. Nevertheless, if you still prefer traditional fixed deposits, below are the best fixed deposits promotion that I have found for June 2020. depending on amount of deposits . Interest is payable for e-Fixed Deposit uplifted after the completion of three (3) months and will be at half (1/2) the original contracted interest rate for each completed month. [ Updated On: 13 Aug 2020 ] 2.75%: 5.60%: Citibank [ Updated On: 13 Aug 2020 ] 2.40%: 5.55%: Hong Leong Bank [ Updated On: 13 Aug 2020 ] 2.63%: 5.64%: HSBC [ Updated On: 13 Aug 2020 ] … For convenience, you may calculate the interest income with our Fixed Deposit online calculator for this promotion. Hong Leong Finance current highest fixed deposit rate is 0.68% p.a. Hong Leong Finance Fixed Deposit Rate Promotion Coupons, Promo Codes 04-2020. DEPOSIT INSURANCE SCHEME. Interest Rate: 0.40% to 0.50%, Minimum Placement: S$25,000, Promotion Valid Until: 8th June 2020. Interest is payable for e-Fixed Deposit uplifted after the completion of three (3) months and will be at half (1/2) the original contracted interest rate … with their latest time deposit rates from 2 October 2020 **BEST for funds up to $1m** HSBC offers 1.10% p.a.