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ONLINE
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FLEXIBLE
- New placements and withdrawals made anytime via Hong Leong Connect.
- Account and placement details can be viewed immediately.
- Choice of terms from 1 – 13 months.
- Receive interest at regular intervals, or upon maturity.
- Option for auto renewal.
- 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).
Eligibility
- Minimum deposit of RM5,000 for 1 month placement and RM500 for 2 months and above.
- For individuals and sole-proprietorships with Hong Leong Conventional / Islamic Current or Savings Account.
- Malaysian 18 years old and above.
Protected by PIDM up to RM250,000 for each depositor.
Premature Withdrawals (effective 27 September 2018 until 31 December 2018)
Where a e-Fixed Deposit is uplifted, in partial or in full, before maturity the following rules shall apply:
a. No interest is to be paid:
i. any deposits placed for periods of one (1), two (2) or three (3) months that has not run the full period
ii. any other e-Fixed Deposit uplifted before the completion of three (3) months
b. 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.
Premature Withdrawals (effective 1 January 2019)
No interest shall be payable on partially withdrawn amounts and premature withdrawals of e-Fixed Deposit.
| Tenure | Interest Rate (p.a.) |
|---|---|
| 1 month | 2.45% |
| 2 months | 2.75% |
| 3 months | 2.80% |
| 4 months | 2.80% |
| 5 months | 2.80% |
| 6 months | 2.85% |
| 7 months | 2.85% |
| 8 months | 2.85% |
| 9 months | 2.85% |
| 10 months | 2.85% |
| 11 months | 2.85% |
| 12 months | 2.85% |
