Public Bank

Public Bank Basic Wadiah Savings Account-i

Earn high profit return with minimum account balance of RM100,00 and above with a Shariah compliant savings account by Public Islamic Bank

    • Islamic account
    • Phone Banking Service
    • Free Passbook
    • Account Statement
  • Min. AmountMax. AmountProfit Rate
    RM20RM300000.25% p.a.
    RM30001RM500000.3% p.a.
    RM50001RM750000.35% p.a.
    RM75001RM1000000.45% p.a.
    RM100001no maximum0.55% p.a.


What would make it different?

Online Banking
PIDM Protected
ATM Card

Fees & Charges

There are always fees but how much are they?

MEPS Withdrawal Fee
Inactive Account Fee
Early Closure Fee


Are you eligible for this account?

Minimum Age
18 years old
Minimum Initial Deposit
Minimum Balance

Frequently Asked Questions about Public Bank Basic Wadiah Savings Account-i

Things you might want to know

What is the Public Bank Basic Wadiah Savings Account-i?

The Public Bank Basic Wadiah Savings Acocunt-i is an Islamic savings account that is compliant to Syariah principles. You can either apply for a personal or joint account, or even open up and account on behalf of your children aged 12 or lower.

Am I eligible to open a Public Bank Basic Wadiah Savings Account-i?

If you are a Malaysian resident or a permanent resident and have minimum deposit of RM20, then yes, you can open a Public Bank Basic Wadiah Savings Account-i!

Will I be entitled to any share of profit?

All deposits received by the Bank will be invested in alignment with Shariah principles and Hibah (profit) will be distributed at Bank's discretion.

Percentage of Hibah will vary following your balance amount. Any deposit amount will earn you a Hibah rate.

How can I access my account?

Depending on type of account, if you open a personal account or joint account with 1 signatory, you will receive a Bankcard for ease of access to account via ATM machines.

If however, the joint account requires 2 signatory or account is open on behalf of children below age of 12, no Bankcard will be issued. Alternatively, you can always skip all the fuss and access your account via You will also be provided a passbook to perform transaction over-the-counter.

Anything else I need to take note of?

Be reminded that you need to maintain at least RM20 in your account at any one time or penalty charges will apply.

Also, stay active by performing transactions using your account because inactive account with zero transactions in 12 months will be charge RM10! In the even if you need to replace your passbook, you will need to incur RM10 plus stamp duty so take good care of your passbook.

Read More