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HIGH INTEREST
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LONG TERM
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FLEXIBLE
- Earn high interest for long term Junior FD tenures (12, 24, 36, 48 or 60 months).
- Minimum RM1,000 FD placement only.
- Interest calculated daily and paid monthly into Junior Savings Account.
- Flexibility to make early-partial withdrawals from your FD and still earn FD interest on remaining balance (Partial withdrawal must be in multiples of RM3,000).
- Quarterly statement on account summary, balances and activities.
- Option to enroll for standing instruction from Junior Savings Account to Junior FD in multiples of RM1,000 to a maximum of RM5,000.
- Partial withdrawal available at any branch.
Eligibility
- Children below 18 years.
- Application must be submitted by parents / legal guardian.
Eligible for protection by PIDM
Premature Withdrawals (effective 27 September 2018 until 31 December 2018)
Where a Junior Fixed Deposit is uplifted, in partial or in full, before maturity the following rules shall apply:
a. No interest is to be paid on any other Junior Fixed Deposit uplifted before the completion of three (3) months;
b. Interest is payable for Junior 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No interest shall be payable on partially withdrawn amounts and premature withdrawals of Junior Fixed Deposit.
| Tenure | Interest Rate (p.a.) |
|---|---|
| 12, 24, 36, 48 or 60 months |
3.25% |
