Ocbc Fixed Deposit Rate
OCBC fixed deposit rates (Feb 2021) OCBC fixed deposit interest rates are lower than UOB's, offering 0.4% p.a. For minimum $20,000 deposit for at least 12 months. This OCB SGD fixed deposit interest Rate requires a deposit balance of $20,000 - S$999,999 for 6-8 month term horizon. The rate of 0.15% is 0.18% lower than the average 0.33%. Also it is 0.4% lower than the highest rate. Interest rate: Base interest: 0.05% a year. When you deposit a minimum of S$50 and make no withdrawal that month: 0.05% a year. OCBC Child Development Account (CDA) holders get an exclusive CDA. OCBC fixed deposit rates (Jan 2021) OCBC fixed deposit interest rates are lower than UOB’s, offering 0.45% p.a. For minimum $20,000 deposit for at least 12 months. RHB fixed deposit rates (Jan.
- 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.
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 Dec 2020
Ocbc Fixed Deposit Rate
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 Upon maturity, profit at the contracted rate is only payable for the Fixed Deposit-i amount that is not withdrawn prematurely.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.