Bank of China Fixed Deposit Account

Bank of China Fixed Deposit is a low-risk term deposit account that helps you securely increase your savings.

Bank of China Fixed Deposit Account
Min. Deposit
Daily Interest
Early Withdrawal

Fixed Deposit Calculator

Interest Rate

What you earn based on the amount that you have in your account

You DepositDeposit PeriodEffective Interest Rate
min. RM5,0001 month2.9% p.a.
min. RM1,0002 months2.9% p.a.
min. RM1,0003 to 5 months3% p.a.
min. RM1,0006 to 8 months3.05% p.a.
min. RM1,0009 to 11 months3.1% p.a.
min. RM1,00012 months3.15% p.a.
min. RM1,00013 to 60 months3.15% p.a.

Fees & Charges

Lost of Fixed Deposit Certificate
  • RM10 Indemnity Stamp Duty
  • RM5 Service Charge


Minimum Age
  • 18 years old
Who can apply
  • Malaysians
  • Permanent residents
  • Foreigners

More Information

What do I get from the Bank of China Fixed Deposit account?

Like any other fixed deposit account, the Bank of China offers a higher rate of return than a conventional savings account. 

You can invest with BoC for up to 60 months, but bear in mind once you've put your money into this term deposit account you won't be able to withdraw funds at will. 

If you do close the account early you'll lose any interest that you might have earned. 

Best to make a real commitment to this kind of investment.

How do I open a Fixed Deposit with the Bank of China?

If you're a Malaysian citizen aged 18 or over you just need to turn up at the Bank of China with your MyKad and some money to invest. 

If you're a foreigner you will have to bring along your work permit or student pass together with a valid passport.

When will I receive my interest?

If you place your savings in this FD account for more than a year, you can get paid out on the interest every single month.

For accounts less than a year in tenure you'll have to wait until the term ends before you get your hands on the interest - like they say: patience is a virtue!

Does PIDM protect this Fixed Deposit Account?

Yes, PIDM protects your savings against loss in the event of the bank’s failure. 

PIDM is free and once you sign up for this FD your precious savings are automatically insured.

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