What do I need to know about CIMB Islamic Fixed Deposit-i (Why Wait)?
CIMB Islamic Fixed Deposit-i (Why Wait) is a Shariah-compliant deposit account that lets you invest your savings for three months at a great interest rate.
The offer is open to anyone aged 18 years or over, it's for residents and non-residents alike. The minimum investment is RM10,000.
The really good thing about this FD is that you get instant payment of cash equivalent to the agreed profit when you sign up.
Yes, that's right - instead of waiting until the investment has matured, you'll get your return straight away.
Can I withdraw my CIMB Islamic Fixed Deposit-i (Why Wait) before maturity?
You are not allowed to withdraw your money partially from this fixed deposit account. If you wish to uplift the deposit before the completion of its term, you will not receive any profit payment.
How do I open a Fixed Deposit-i (Why Wait) account with CIMB Islamic?
You'll need to show your identity card or passport with a minimum deposit of RM10,000 for a tenure of 1, 2, 3, 6 or 12 months.
Is this CIMB Islamic Fixed Deposit-i (Why Wait) secured?
PIDM protects your investment with free coverage of up to RM250,000.