Public Bank PLUS Fixed Deposit Account

Start saving for your future with a Public Bank Plus Fixed Deposit Account and earn more money from higher interest rates.

Public Bank PLUS Fixed Deposit Account
Min. Deposit
Daily Interest
Early Withdrawal

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 month2.45% p.a.
min. RM1,0002 months2.5% p.a.
min. RM1,0003 to 5 months2.6% p.a.
min. RM1,0006 months2.65% p.a.
min. RM1,0007 to 12 months2.6% p.a.
min. RM1,00013 to 60 monthsNegotiable

Fees & Charges

Lost of Fixed Deposit Certificate
  • RM10 Indemnity Stamp Duty
  • RM5 Service Charge
Additional Statement Request
RM2 per document


Minimum Age
  • 18 years old
Who can apply
  • Malaysians
  • Permanent residents
  • Foreigners
  • Sole proprietorships
  • Partnerships
  • Corporate entities
  • Associations
  • Clubs and Societies

More Information

What do I get from Public Bank PLUS Fixed Deposit Account?

Public Bank PLUS Fixed Deposit offers 2 placement options that can accommodate your investment appetite:

  • Option 1 offers tenure of up to 12 months with the interest payment credited to your current or savings account on a monthly basis or upon maturity.
  • Option 2 offers tenure from 13 months and above with interest payment credit to your current or savings account on a monthly or 6-monthly basis.

The minimum initial deposit starts from RM1,000 for a tenure of 2 months and above, whereas for a 1-month placement you need RM5,000. 

Your fixed deposit account will be automatically renewed to the same term once it has reached maturity.

What are the benefits of this fixed deposit?

Putting your savings money into this fixed deposit account is safer than dumping them all into a share or an unregulated investment product as it is protected by PIDM for up to RM250,000, which includes the principal amount and interest charges earned. 

Besides, you also have the option to sign up for an overdraft facility for up 100% margin at attractive rates.

Can I withdraw my money from this fixed deposit account before maturity?

Effective from January 2019, when you withdraw money from your fixed deposit account before it reaches full term, no interest will be paid to the withdrawn amount. 

Therefore, it is advisable to park your money until maturity to earn 100% interest returns.

Who can apply for Public Bank PLUS Fixed Deposit Account?

Any individuals holding a valid identity card, whether Malaysian or foreigner, aged 18 years old and above can apply for this fixed deposit.

The same requirements apply to any Associations, Clubs and Societies, Companies and Cooperatives that would like to open Public Bank PLUS Fixed Deposit account.

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