Bank Islam Basic Current Account-i

Open to both Malaysians and permanent citizens - leave your money in good hands with this Shariah-compliant current account, with a deposit of only RM500.

Bank Islam Basic Current Account-i
Profit Rate
Account Type
Service Charge
Min. Deposit
Account Statement
Cheque Book


What would make it different?

Online Banking
Bank Islam Internet Banking
Mobile App
PIDM Protected
Up to RM250,000

Fees & Charges

Service Charge
RM10 every 6 months waived with monthly average balance of RM1,000
MEPS Withdrawal Fee
Overseas Withdrawal Fee
Early Closure Fee
Dishonoured Cheque Fee
Stop Payment Cheque Fee


Minimum Age
  • 18 years old
Minimum Initial Deposit
Who can apply
  • Malaysians
  • Permanent Residents

More Information

What can I do with this basic current account?

Opening a Basic Current Account-i with Bank Islam can do you a lot of favors in terms of flexible money management. Like a savings account, your deposit will be kept in safe custody under a Shariah contract of Wadiah (safekeeping).

Unlike a savings account, you get to enjoy the flexibility of writing cheque when making payments. Cheque writing is the core feature of a current account and is it useful for paying goods or services of large currency value. 

What's more, you can link your current account to your Bank Islam internet banking account to simplify your banking services needs, such as bill payment, fund transfer, account enquiries and many more - at your fingertips!

Do I get a cheque book and ATM card?

The best part about this basic current account is that, not only you can pay for your purchases with cash withdrawn from your account, but also from the option of cheque writing or ATM/debit card swiping. 

For extra convenience, an ATM/debit card can be very handy when you're running out of cash. However, the issuance of an ATM/debit card is subject to a fee. A cheque book will be issued to you for free of charge; you only need to pay for the Stamp Duty fee of RM0.15 per leaf. 

Unfortunately, the overdraft facility is not available for this basic current account.

Tell me how can I save on fees and charges?

There are many ways you can try to minimize these - sometimes unnecessary - costs. First, you can plan your transactions ahead of time as every month you are entitled to complimentary services such as:

  • Free 6 over-the-counter visits
  • Free 8 ATM cash withdrawals 
  • First 2 Interbank GIRO at RM0.50 each

But, if you the kind of a person who frequently withdraws cash, you can opt to pay for a debit card annual fee to enjoy unlimited cash withdrawal per month. 

Most importantly, if you want to escape a half-yearly service fee of RM10, make sure your average account balance stays above RM1,000 at all times - in other words, deposit more and withdraw less.

Who can apply for Bank Islam Basic Basic Current Account-i?

Anyone in Malaysia aged 18 years and above can apply for Bank Islam Basic Current Account-i. Bear in mind, this basic current account is available only for individual and joint individual. An introducer is not required upon account opening, you only need to prepare RM500 in initial deposit.

Is it safe to keep my money in this basic current account?

Absolutely. Your hard-earned money will be guaranteed by Perbadanan Insurans Deposit Malaysia up to RM250,000.

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