How much money do I need to invest?
Hong Leong Priority Banking Fixed Deposit is a premium fixed deposit with higher interest rates and flexible tenure of 6, 12 and 24 months. You need an initial deposit of RM50,000 to apply for this fixed deposit account.
You can multiply your wealth and continue earning higher interests on your money by depositing in multiples of RM10,000 on top of your initial deposit as this fixed deposit is designed to let you reap better return with flexibility.
Can I withdraw my money before my tenure completed?
If you want to make a premature withdrawal of your money before the fixed deposit reaches its maturity, you will no longer receive interest on the withdrawn amount. This new terms and conditions also applied when when you renew your fixed deposit after January 2019.
How will I earn my interest?
The interest will be calculated on your principal and credited into your Hong Leong Bank savings or current account every month.
Is my money safe with the Hong Leong Priority Banking Fixed Deposit?
Yes, this FD placement is eligible for Perbadanan Insurans Deposit Malaysia ( PIDM) protection for up to RM250,000.