BSN

BSN Term Deposit-i

An Islamic term deposit open to those 15 years old and above. Keep your money safe with BSN and grow your wealth with great profit returns.

    • RM500 minimum deposit
    • Islamic
  • You DepositDeposit PeriodEffective Profit Rate
    more than RM10001 month3.15% p.a.
    more than RM5003 months3.15% p.a.
    more than RM5006 months3.2% p.a.
    more than RM5009 months3.25% p.a.
    more than RM50012 months3.35% p.a.
    more than RM50015 months3.45% p.a.
    more than RM50018 months3.5% p.a.
    more than RM50024 to 36 months3.45% p.a.
    more than RM50048 months3.55% p.a.
    more than RM50060 months3.75% p.a.

Apply online now for BSN Term Deposit-i

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Fees & Charges

There are always fees but how much are they?

There are no fees associated with this product.

Requirements

Are you eligible for this BSN Term Deposit-i?

Minimum age
15 years old
Open To
  • Malaysian residents
  • Non-residents with permanent Malaysian address

Frequently Asked Questions about BSN Term Deposit-i

Things you might want to know

What do I need to know about BSN Term Deposit-i? 

This is an Islamic term deposit with a fixed profit rate up which follows the concept of Commodity Murabahah (Tawarruq).

Can I withdraw my placement before maturity?

You can, but get ready to pay the price! If you wish to withdraw after only one month of placement, you'll only be able to get 50% of the promised profit rate, calculated based on completed days on the principal amount only.

If you want to withdraw even earlier, less than 1 month placement, you won't be entitled to any profit on your deposits. 

Can I renew my BSN Term Deposit-i?

After completion of the deposit tenure, your BSN Term Deposit-i placement will be automatically renewed at BSN’s prevailing board rates.

How do I receive my profits?

You can choose either one of the following methods:

  • cash
  • cash credited straight into your Giro-i Account

Will I be given a certificate?

Yes, and it is advisable that you renew it at least once every six years. You can do that at any BSN counter - has it been six years?

Better hurry, because if you don't do so immediately, your money will be sent to the Registrar of Unclaimed Money!

Is this Term Deposit-i account insured by PIDM?

No. Instead, your deposit is 100% guaranteed by the government under the Bank Simpanan Nasional Act.

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