What do I need to know about AFFIN Fixed Deposit?
Maximise your savings - choose from one month to twelve months term and earn a great rate of interest.
AFFIN Fixed Deposit offers some of the highest per annum interest rates on the market for deposits of 12 months.
How does the payment of interest work?
If you place a deposit on any tenure up to 12 months, your money will earn interest when the fixed deposit matures.
For placement of 13 months and above, you will be paid interest every 6 months at maturity.
Can I make a partial withdrawal of my money?
You may make a partial withdrawal of your money if you need it. Unfortunately, the bank will not pay you interest in any premature withdrawal made before your FD matures.
This directive is effective from January 2019.
What do I need to bring along to open a fixed deposit account with Affin Bank?
You must bring your Identification Card and visit one of the bank’s branches to open this kind of account.
For Corporate, Associations or Clubs, please bring along more documentation, such as Forms 24 and 49, Company resolution, and Business Registration Form.
You must have a minimum of two Authorised Signatories and they must provide their Identification Cards.
What's so cool about the AFFIN Fixed Deposit?
PIDM guarantees your deposit money for up to RM250,000, including both the principal amount and the interest.
Meaning to say, if the bank fails, your deposit is saved.
