What is Maybank eFixed Deposit?
This is a fully online fixed deposit (FD) account with a tenure of up to 60 months. An easy application can be done via the Maybank2u or Maybank2u Mobile App.
New placements and withdrawals can be made in real-time anywhere, anytime.
How different is this online account from a normal fixed deposit?
Quite a few, actually, and all for your added convenience:
- Account creation can be done with Maybank2u and processed by the branch on the following working day.
- You won't be given a certificate, but will be given an 8-digit reference number ending with 'E' instead.
- Placement can be made by debiting cash from your linked account to Maybank2u.com.
Can I withdraw from my Maybank eFixed Deposit before maturity and earn interest?
You can perform an immediate premature uplift of your eFixed Deposit online via Maybank2u or the MAE app before maturity. However, you will not receive interest or profit on the withdrawn amount, and 100% of the accrued interest will be forfeited.
Note: Effective August 29, 2026, Maybank has officially removed the 31-day written notice withdrawal option for all new, renewed, or rolled-over Fixed Deposits. All premature withdrawals now follow the immediate uplift rule (0% interest paid)
Who can apply for this account with Maybank?
You will have to be an existing Maybank account holder as a joint account holder or sole proprietor.
What is the minimum deposit for Maybank eFixed Deposit?
For a 1-month placement, you will need at least RM5,000. For 2 months and above, you will need a lower amount, which is RM1,000.
