Back

Deposit

Islamic Fixed Deposit-i

An Islamic Term Deposit with pre-determined profit rate

  • MINIMUM DEPOSIT:

    RM 1,000 to RM 5,000

Benefits

With this account, you get:

  • Islamic Term Deposits based on the Shariah concept of Commodity Murabahah ( cost-plus-sale) where a specific asset as deemed fit by the Bank is identified and used as the underlying asset for the sale and purchase transaction between Bank and Customer.
  • Higher profit rates than a normal Islamic savings account.
  • Flexibility of tenure from 1 month up to 60 months.
  • Profits paid either monthly, half yearly or upon maturity.
  • Acceptance as collateral for Banking facilities*
  • Eligibility for protection from PIDM

*Terms and Condition apply

         

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

Click here for PIDM brochure

Click for Product Disclosure Sheet (PDS) and Terms and Conditions

How to Apply

To apply:

Visit a Maybank or Maybank Islamic branch near you with your primary documents.

Available accounts:

  • Business Enterprises
  • Associations/Clubs/Societies/Organizations
    Trustees

Rates

Tenure

Profit Rates (% p.a)

1 month

2.40

2 months

2.45

3 months

2.55

4 months

2.55

5 months

2.55

6 months

2.60

7 months

2.60

8 months

2.60

9 months

2.60

10 months

2.60

11 months

2.60

12 months

2.60

13 - 35 months

2.65

36 - 47 months

2.70

48 - 59 months

2.70

60 months

2.70


*Effective from 29 April 2024


Click here for Terms and Conditions on Premature Withdrawal

Click here to view sample 31 days' prior written notice

Locate a Branch

Find a Maybank branch nearby you

LOCATE US