Hong Leong Islamic Junior Term Deposit-i

Support your child's future with the Junior Term Deposit-i. Place your funds in this Shariah-compliant investment account for up to 60 months.

Hong Leong Islamic Junior Term Deposit-i
Min. Deposit
Daily Interest
Early Withdrawal

Fixed Deposit Calculator

Profit Rate

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

You DepositDeposit PeriodEffective Profit Rate
min. RM1,0001 month2.15% p.a.
min. RM1,0002 to 3 months2.25% p.a.
min. RM1,0004 to 6 months2.3% p.a.
min. RM1,0007 to 11 months2.35% p.a.
min. RM1,00012 to 60 months2.5% p.a.

Fees & Charges

Lost of Fixed Deposit Certificate
  • RM10 Indemnity Stamp Duty


Maximum Age
18 years old
Who can apply
  • Malaysians
  • Foreigners

More Information

Saving money is a trait that should be instilled in children from a young age, it instils responsibility and the importance of daily budgeting. 

To help make it a more profitable process, try out a term deposit that works for your kids too.

How does this fixed deposit account work?

This is a trust account, where there must be a minimum of 2 account holders, one being the beneficiary, in this case, your child or the person under the age of 18.

The second holder will be the trustee, either a parent or guardian of the beneficiary of full age.

What can I get from this fixed deposit?

The Junior Term Deposit-i has 24-hour access via Hong Leong Connect Online. It is also a bundle account with a per-requisite to open a Junior Savings Account-i along with a Junior Re-loadable Debit Card-i.

So all the returns earned from this deposit will be credited into that savings account for your perusal.

All the returns earned will be credited on a monthly basis and you can view your statements online via Hong Leong Connect. 

However, a statement will be generated in hard copy if there are any monetary transactions that take place within the statement period and every quarterly.

For your benefit and ease, this account also comes with an auto-renewal feature that will renew the principal amount placed upon the maturity of the tenure.

When can my money earn interest?

The account requires a minimum placement amount of RM1,000 up to a maximum of RM5,000, with the tenures available ranging from 1 month up to 60 months. 

Remember that all placements must be made in multiples of RM1,000. 

You can choose the profit payment to be paid either on a monthly basis or upon maturity.

Am I qualified to apply for this fixed?

This is a Junior account, therefore, the beneficiary should be below the age of 18. 

There must also be a trustee assigned to the account, either a parent or guardian to the beneficiary.

Trustees are required to provide evidence of their relationship with the beneficiary in black and white. Lastly, this is a Shariah-compliant product but is not limited to Muslims only. 

It is open to everyone of all races and religions.

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