RHB Senior Wadiah Savings Account-i

Invest in your hard earned savings with this Islamic Savings Account for seniors aged 50 and above and have full access to it anytime of the day.

    • Islamic account
    • Phone Banking Service
    • Free Passbook


What would make it different?

Online Banking
Mobile App
PIDM Protected
ATM Card

Fees & Charges

There are always fees but how much are they?

ATM Card Issuance Fee
MEPS Withdrawal Fee
Inactive Account Fee
Early Closure Fee

*inclusive of 6% GST


Are you eligible for this account?

Minimum Age
50 years old
Minimum Initial Deposit
Minimum Balance

Frequently Asked Questions about RHB Senior Wadiah Savings Account-i

Things you might want to know

What is the RHB Senior Wadiah Savings Account-i ? 

The RHB Senior Wadiah Savings Account-i is an Islamic savings account intended for seniors above the age of 50. All deposits are PIDM protected and are invested in accordance to the Syariah principle of Wadiah, which is an agreement between the Customer and the Bank to keep their deposit in the BankĀ“s safe custody.

The RHB Senior Mudharabah Savings Account-i is thus the perfect savings account for retirees looking to tuck away their hard earned life long savings for the future. 

What are some the fees and charges associated with this savings account?

This savings account requires a minimum initial deposit of RM100 at the start. There is a RM8 fee for issuance of an ATM card. The ATM card can be used to make withdrawals at any RHB ATM with no added cost.

When withdrawing from another bank's ATM, there will be a charge of RM1 if the bank is within the MEPS system. Monthly bank statements are also available for no extra cost. 

Does the RHB Senior Wadiah Savings Account-i provide internet banking services?

Accounts holders can benefit from the convenience of internet banking with the RHB Now Internet Banking service. The service allows users to check their account balance, pay bills and transfer funds to other accounts all with a few simple clicks. You can bank from home, the office and even the local coffee house - 24 hours a day/7 days a week.

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