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1. Commercial Bank Fixed Deposit Rates
2. Ocbc Fixed Deposit Rate In Malaysia
3. Ocbc Fixed Deposit Rate
4. Ocbc Fixed Deposit Rate September 2020
5. Ocbc Time Deposit

Commercial Bank Fixed Deposit Rates

• Age 18 and above
• Trust Accounts can be opened for minors below 18 years old. The account can be operated by parents/guardian solely or jointly.
• Account can be opened by Muslim or non-Muslim individual and company.
• Malaysians, Malaysia PRs and foreigners.

Ocbc Fixed Deposit Rate In Malaysia

1 month: RM5,000
2 - 60 months: RM1,000

• Partial settlement in multiples of RM1,000 with a minimum balance of RM1,000
• Subject to Terms and Conditions.

Ocbc Fixed Deposit Rate

Ocbc Fixed Deposit Rate September 2020

Ocbc Time Deposit

Partial early settlements:

• Can only be done Over The Counter (OTC) at the Bank’s branches.
• Apply to Fixed Deposit(s)-i of 2-month tenures and above only.
• Must be a minimum of RM1,000 and early settlements made partially can only be in multiples of RM1,000.
• A minimum of RM1,000 must be maintained in the receipt until maturity to be treated as partial settlement. If the amount maintained in the receipt is less than RM1,000, it will be treated as full withdrawal of the Fixed Deposit-i.
• Apply to new Fixed Deposit-i/ Fixed Deposit-i rolled over from 5 March 2018 onwards.
• Are not entitled to any profit on the partial settlement portion of the Fixed Deposit-i, regardless of the number of completed months at the time of withdrawal. Upon maturity, profit at the contracted rate is only payable for the Fixed Deposit-i amount that is not withdrawn prematurely.
• Shall be granted a rebate (ibra’) on all Profit attributable to the Partial Early Settlement amount by the customer, and the Bank’s Purchase Price/balance Bank’s Purchase Price shall be reduced by the rebate. If the Profit has already been paid by the Bank, the Customer agrees that the Bank may debit the rebate from the Partial Early Settlement amount.