Good news for those of you who have plenty of money and nowhere to park it. Public Bank and Public Islamic Bank have team up again to come with high interest Fixed deposit plan in Malaysia. This promotion was previously available and now being launched again due to overwhelming response.
For a limited time, you can save up with Public Bank’s PLUS Fixed Deposit or Public Islamic Bank’s Term Deposit-i and enjoy a high interest of 3.83% p.a for the first 6 months and a 4.28% p.a for the following month as a rollover bonus.
This promotion is opened to Malaysians who are 18 years old and above who are existing or new Public Bank customer. Non existing individuals such as corporation, sole proprietary, partnership are also eligible for the promotion.
The two products which are under the promotion of the campaigns are Plus Fixed Deposit from Public Bank and Term Deposit-i from Public Islamic Bank.
How to Enter
To enjoy a 3.83% p.a interest or profit rate for the first 6 months. An individual will have to place a minimum of RM 20,000 capped at RM 10,000,000 and non-individual will have to place a minimum fixed deposit of RM 50,000 capped at RM 20,000,000 within the campaign period.
There are no overdraft availability for the products that qualifies under the promotion interest rates. One can enjoy a 3.83% p.a for the first 6 months and can enjoy higher 4.28% p.a as a rollover bonus on the next 6 months if he or she does not uplift the fixed deposit. The interest shall only be credited once on 6 months. These promotion may not be valid if a person makes withdrawals and partial withdrawal is not allowed during the campaign.
This promotion interest rates are only valid for any fixed deposit placement from 27 October to 28 February 2015 which is quite a long time, so hurry up to apply for it today if you are keen !