Hong Leong e-Fixed Deposit

Choose flexible investment terms and enjoy high interest rates! Easy cash flow management with Hong Leong Connect e-banking service.

Hong Leong e-Fixed DepositEnjoy auto-renewals!
Min. Deposit
RM500
Auto-renewal
Yes
Daily Interest
No
Early Withdrawal
Yes
Type
Conventional

Fixed Deposit Calculator

Interest Rate

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

You DepositDeposit PeriodEffective Interest Rate
min. RM5,0001 month1.2% p.a.
min. RM5002 months1.5% p.a.
min. RM5003 to 5 months1.55% p.a.
min. RM5006 to 12 months1.6% p.a.

Fees & Charges

Lost of Fixed Deposit Certificate

    Requirements

    Minimum Age
    • 18 years old
    Who can apply
    • Malaysians

    More Information

    What's great about Hong Leong e-Fixed Deposit?

    Enjoy high returns on your investments with Hong Leong e-Fixed Deposit with flexible tenures between 1 month to 1 year at high interest rates!

    Your account will be linked to Hong Leong Connect for easy management of your cash via online banking.

    Am I eligible to make a placement?

    To place a deposit you first need to hold a Hong Leong Savings Account or Current Account that is registered for Hong Leong Connect.

    All individuals and sole proprietors who are Malaysians and 18 years of age and above are eligible to sign up for Hong Leong e-Fixed Deposit.

    The following bodies and organisations are not eligible to open an account:

    • Partnerships
    • Clubs
    • Societies
    • Associations
    • Schools
    • Corporations
    • Non-profit Organisations
    • Other Business Entities

    What should I know about deposits?

    You’re allowed to make multiple Fixed Deposit placements via Hong Leong Connect between 6am to 11pm every day. 

    Your interest rates will be determined based on the interest rates at the time of placement.

    The minimum deposit requirement is RM5,000 for one-month tenure, while 2-month tenures and above require placement of RM500 only.

    Can I make withdrawals from my account?

    Yes, you may make a partial withdrawal of your money, or uplift your deposit altogether if you wish before the fixed deposit reaches its maturity. 

    Unfortunately, you are no longer receiving interest on the withdrawn amount. 

    How do I renew my Hong Leong e-Fixed Deposit?

    Auto-renewals are available, with the same tenure and interest rate, provided that you select the “Auto Renewal” option when making the placement via Hong Leong Connect.

    Otherwise, your principal deposit and interest will be credited into your Savings Account or Current Account upon maturity.