RHB Ordinary Fixed Deposit

Straightforward conventional time deposit offering an alternative to a standard savings account - no frills just good interest rates!

RHB Ordinary Fixed DepositGreat Interest
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 month1.65% p.a.
min. RM5002 months1.65% p.a.
min. RM5003 to 5 months1.7% p.a.
min. RM5006 months1.8% p.a.
min. RM5007 to 11 months1.8% p.a.
min. RM50012 months1.85% p.a.
min. RM50013 to 60 monthsNegotiable

Fees & Charges

Lost of Fixed Deposit Certificate
  • RM2 Service Charge

Requirements

Minimum Age
  • 18 years old
Who can apply
  • Any nationality
  • Associations
  • Clubs and Societies
  • Companies
  • Cooperatives
  • Government
  • Government-Linked Companies

More Information

Tell me about this RHB Ordinary Fixed Deposit

This is a basic, hassle-free, Fixed Deposit account. 

You can choose anything from a one month term to a five-year term and earn interest on your investment. 

It's really easy to get started, with a minimum deposit of just RM500.

RHB has added a nice touch to this FD - you can use your deposit as collateral against an overdraft facility. 

So, don't think that your money is doing nothing for you but earning interest, it's working doubly hard as working capital.

Can I make early withdrawals?

Effective from January 2019, when you make premature withdrawal of your money in the fixed deposit account, no profit will be paid on the withdrawn amount, regardless of the number of completed months at the time of premature withdrawal.

Is my money in this fixed deposit account protected?

Yes. Your savings money in RHB Ordinary Fixed Deposit account is secured by PIDM for up to RM250,000.