What do I need to know about the Maybank Islamic Prosperous Now Account-i?
Maybank Islamic Prosperous Now Account-i is a Shariah-compliant term deposit that adheres to the Islamic banking concept of Murabahah.
Open to anyone aged 18 years or over, Prosperous Now offers an easy-to-start investment with a minimum deposit of RM10,000 and terms from one to twelve months.
Best of all, you'll get paid a predetermined profit upfront - an instant cash payment - no need to wait for your FD to mature.
It doesn't end there; you can also use your Investment Certificate as a security for a Maybank Personal, Home or Car Loan, and you'll get free Personal Accident Takaful Coverage. Not a bad package.
Can I withdraw from this fixed deposit before maturity and keep the upfront profit?
No. Since Maybank credits your profit upfront when you open the account, withdrawing early forfeits all profit. Maybank will deduct 100% of that upfront profit straight from your initial deposit (principal).
What about the 31-day notice option?
It no longer exists. Effective 29 August 2026, Maybank permanently removed the 31-day notice option (which previously allowed retaining 50% of the profit) for all new placements and renewals. Every premature withdrawal now results in 0% profit earned.
How do I open this Prosperous Now Account-i with Maybank?
All you need is:
- Malaysian: Valid Identification Card
- Foreigner: Passport and any other supporting documents required by the authorities, based on the purpose of your visit or stay in Malaysia
Is my money in this fixed deposit account insured?
Yes, your money in this fixed deposit account is protected by PIDM for up to RM250,000.
