Hong Leong Islamic Term Deposit-i

Maximise your savings with Hong Leong Islamic Term Deposit-i. Open either a personal or joint account and have the convenience of online banking.

Hong Leong Islamic Term Deposit-iEnjoy Monthly Profit
Min. Deposit
RM500
Auto-renewal
Yes
Daily Interest
No
Early Withdrawal
Yes
Type
Islamic

Fixed Deposit Calculator

Profit Rate

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

You DepositDeposit PeriodEffective Profit Rate
min. RM5,0001 month1.5% p.a.
min. RM5002 months1.5% p.a.
min. RM5003 to 5 months1.55% p.a.
min. RM5006 to 60 months1.6% p.a.

Fees & Charges

Lost of Fixed Deposit Certificate

    Requirements

    Minimum Age
    • 18 years old
    Who can apply
    • Any nationality
    • Associations
    • Clubs and Societies
    • Companies
    • Cooperatives

    More Information

    What can I get from Hong Leong Islamic Term-Deposit i?

    Hong Leong Islamic Term Deposit-i is a Shariah compliant fixed deposit account that offers attractive fixed profit rates, which is agreed upon opening the account with Hong Leong Islamic Bank. 

    You will be issued a deposit slip once you have placed your money, along with access to Hong Leong Banking services, including Hong Leong Connect.

    When does Hong Leong Islamic pay the profit?

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

    Can I renew my fixed deposit investment?

    Yes you may. You have the option to select the renewal instruction during the placement of your fixed deposit. If you do not wish to have your fixed deposit automatically renewed, you can instruct the bank prior to maturity and have your money credited into your current or savings account.

    What do I need when making a application?

    If you want to open either a personal or joint account, including a company account, you will need the following:

    • Minimum placement of RM500 for 2 months and above and RM5,000 for 1-month placement

    For personal and joint accounts, all Muslims and Non-Muslims above the age of 18 are eligible. However, for companies, it must be registered with ROC and involved in Shariah compliant business and activities.

    Is my fixed deposit money protected?

    A maximum amount of RM250,000 will be protected by PIDM. If you wish to invest more than that amount, it is advisable to place it in a separate term deposit account.