Islamic Fixed Deposit-i Kids

IFD-i Kids is a feature of Islamic Fixed Deposit-i in which placements can be made for children under 18 years old. Grow funds for your loved ones while enjoying several features from IFD-i, which includes:

• 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, yearly or upon maturity.
• Free Personal Accident Takaful Coverage plus medical and funeral expenses (accident only) *

* Terms and conditions apply.

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

* Click here for PIDM's DIS Brochure.

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

To apply:

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

Required documents:

• Valid MyKad for Malaysians
• Birth Certificate

For under Guardianship, may require:

• Legal Adoption Certificate
• Guardianship Order

To open a new IFD-i Kids for Minor account, Parent/Guardian/Trustee is required to be present and sign an Indemnity Letter.