What do I need to know about Standard Chartered Fixed Deposit?
Start saving the smarter way. With a minimum savings of RM1,000, you can earn real interest with a fixed deposit account.
Why not make your money do the hard work whilst you sit back and reap the rewards?
Terms are available for between one month and five years, giving you the flexibility to choose your tenure period.
How are my interest earnings calculated?
Interest is calculated on a contractual basis and paid upon maturity for an FD placement of 1-12 months or on a half-yearly for an FD placement of more than 12 months.
Can I withdraw before the maturity date?
It is not advisable to do so because you will not earn any interest if you withdraw before the fixed term.
Can I renew this Standard Chartered FD when it ends?
Of course, you can. If you have not given clear orders to Standard Chartered, or cash out this deposit at maturity, the bank will automatically renew this fixed deposit under the same terms and conditions. The bank will send you a written notice when the renewal is finalised.
