MALAYSIAN RINGGIT FIXED DEPOSIT

Grow your money securely with your choice of investment period

Why you will love this

Minimum initial deposit from as low as RM5,000 for 1 month FD or RM1,000 for FD of 2 months tenure and above

Choice of investment period from 1 month to 5 years

Automatic renewal for the same period upon maturity at prevailing interest rates

Who can apply

All businesses including SMEs as defined by SME Corporation Malaysia

The longer you deposit, the higher the predetermined interest returns. Make your extra cash work with higher returns. Invest today from as low as RM1,000.

BENEFITS

Low initial deposit

Place a time deposit for as low as RM1,000.

Place a time deposit for as low as RM1,000.

Flexible investment period

Choose your investment period from 1 month to 5 years.

Choose your investment period from 1 month to 5 years.

Let your fixed deposit get renewed automatically

Grow your money by renewing automatically with earned interest or credit the interest earned to your business account upon maturity.

Grow your money by renewing automatically with earned interest or credit the interest earned to your business account upon maturity.

INTEREST RATES
BEFORE YOU APPLY

Eligibility requirements

Business registration

All businesses including SMEs as defined by the SME Corporation Malaysia are welcomed to apply

Initial deposit & terms

A minimum deposit of RM5,000 for 1-month FD or RM1,000 for FD of 2-month tenure above, up to 5 years

Required business documents


Fees and charges

FD interest accrued is forfeited in the event of premature withdrawal


Terms and conditions

  Transaction Banking Terms & Conditions (EN)

  Transaction Banking Terms & Conditions (BM)

  Accounts and Services Main Terms & Conditions (EN)

  Accounts and Services Main Terms & Conditions (BM)

If you do not understand any of the terms used here, please speak to our bank officers, representatives or agents, or contact us at 603-8317 5200. We'll be glad to help. 


Important notices

Protected by PIDM up to RM250,000 for each depositor.

This deposit is an eligible deposit insured by the Malaysian Deposit Insurance Corporation (PIDM). PIDM insures eligible deposits for up to RM250,000 per depositor per bank. The RM250,000 limit includes both the principal amount of a deposit and the interest/return. Islamic and conventional deposits are eligible for a separate coverage limit of RM250,000.

  1. Deposit protection is automatic
  2. PIDM protects depositors holding deposits with banks
  3. There is no charge to depositors for deposit insurance protection
  4. Should a bank fail, PIDM will promptly reimburse depositors over their deposit

For more information, please refer to the PIDM information brochures that are available at our counter or visit www.pidm.gov.my.


READY TO APPLY?

Visit any of our OCBC branches nationwide to make your placement today

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OUR AWARDS AND ACCOLADES

Malaysia's Bank of the Year 2023

The Banker of London

Best Payments and Collections Solution Provider 2021

The Asset Triple A Treasury, Trade, Sustainable Supply Chain and Risk Management Awards

Best Cash Management Bank in Malaysia 2021

Alpha Southeast Asia Best FI Awards