14th October 2025 - 3 min read
Hong Leong Bank and Hong Leong Islamic Bank are currently running their “eFixed Deposit/eFixed Deposit-i Promotion” campaign, offering special rates from 10 October 2025 to 31 October 2025.
The promotional rates on offer vary depending on the placement date and the chosen tenure. Here’s a list of promotional rates based on the chosen tenure:
| Tenure | Promotional Rates (P.A.) |
| 3 months | 3.40 |
| 6 months | 3.55 |
| 10 months | 3.60 |
| 12 months | 3.40 |
Note: The promotion will end on 31 October 2025 or when the total fund size limit for the campaign has been reached, whichever comes first.
The promotion is available to both new and existing individual customers who hold a Hong Leong Bank Current or Savings Account, or a Hong Leong Islamic Bank Current or Savings Account-i. To be eligible, customers must have registered for HLB Connect, which is the bank’s online and mobile banking platform. They also need to open an online Fixed Deposit (eFD/eFD-i) account or an online Joint Fixed Deposit (Joint eFD/Joint eFD-i) account through HLB Connect. Individuals who have been declared bankrupt or are suspected of fraudulent activities are not eligible to participate.
To take part in this promotion, eligible customers need to make a placement into their eFD/eFD-i or Joint eFD/Joint eFD-i account via the HLB Connect platform. Placements can be made between 6:00 a.m. and midnight on any day during the promotion period. The minimum placement amount required to enjoy the promotional rates is RM1,000. A key condition is that the funds for the placement must be fresh funds, meaning they must be transferred from other banks via the Financial Process Exchange (FPX) service. The maximum amount you can deposit in one transaction is subject to the transfer limit set by your other bank.
When your fixed deposit placement reaches its maturity date, you have two options. You can choose to have the principal amount automatically renewed for another term at the bank’s prevailing board rates at that time. Alternatively, you can opt for the principal to be automatically withdrawn and credited to your designated Current or Savings Account. The interest or profit you earn from the placement will be credited to this designated account at maturity.
Should you need to withdraw your funds before the maturity date, it is important to understand that no interest or profit will be paid on the amount that is prematurely withdrawn. Partial withdrawals are permitted in multiples of RM1,000. However, this is only allowed if your initial placement amount for a conventional eFD is at least RM5,000, or RM3,000 for an Islamic eFD-i.
This promotion is available for a limited time and is offered on a first-come, first-served basis, subject to the available fund size limit. Please be aware that this promotion cannot be combined with any other ongoing promotions offered by the bank.
For more information and to understand the full terms, you can always explore the details on Hong Leong Bank’s official website.
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As a creative content writer, Eloise has covered finance, business, lifestyle topics, and even moonlights as a singer-songwriter outside of RinggitPlus. Her current interests are learning the best ways to optimise spending and credit card hacks to gain more airline miles.
Comments (1)
Wow good to know!