What's so great about the Hong Leong Bank Fixed Deposit account?
Hong Leong Bank Fixed Deposit offers the flexibility of deposit terms from one month to sixty months with attractive interest rate, invest your cash and earn money right off the bat.
The longer you place the deposit, the higher the interest rate is. The cool thing about this Hong Leong Bank FD is that the bank lets you choose the tenure of your savings and how you want the interest to be paid.
How does Hong Leong Bank pay the interest?
If you place your time deposit for less than six months, your interest will be paid at maturity, the end of the term. If you place your FD for more than six months interest is paid monthly.
Can I make a partial withdrawal from a Hong Leong FD?
If you wish to make a premature withdrawal of your money, partially or fully, before the fixed deposit reaches its maturity, you will no longer receive interest on the withdrawn amount.
Can I withdraw from this Hong Leong Fixed Deposit completely before the term ends?
Yes, however, you will not get any interest if your account is placed for less then three months. If your FD is for more then three months you'll get half of the original contracted interest rate for each completed month.
Withdrawal can only be done at the branch where you sign up.
What document do I need to open one of these accounts with Hong Leong Bank?
All you need is your identification card and the money you want to invest - that's it!