Interest is calculated daily and credited half-yearly on 30 June and 31 December.
Get 5% bonus interest on the interest earned for the year if no withdrawals are made during the calendar year (starting from 31 December).
Amount in account:
First RM50,000
Above RM50,000
1.80% a year
0.10% a year
Get rewarded for doing well in public examinations.
To qualify, the account must be opened more than 1 year preceding the announcement of the public examination results. Your results must be submitted within 2 weeks from the announcement date.
Manage funds easily with regular statements that provide a list of all Young Savers Account transactions within the relevant statement periods.
for initial deposit
and parent’s identity card / legal guardian certificate
(for trust accounts)
This deposit is protected by PIDM up to RM250,000 for each depositor.
For more information, refer to PIDM's DIS Brochures that are available at our counters or go to the website at www.pidm.gov.my.