Bank Rakyat has launched a special offer for time deposits, offering 4.05% p.a. for a 6-month deposit.
In line with the interest rate hike by the State Bank, banks in the country have increased their interest rates on time deposits and Bank Rakyat is no exception.
The minimum deposit amount for this time deposit offer is RM10,000 and is applicable to both existing and new Bank Rakyat subscribers. Users can choose to receive the interest monthly or receive all the interest in one lump sum at the end of the term.
Bank Rakyat Time Deposit Offer is valid from 10 November 2022 to 31 January 2023 and must be deposited through the bank counter.
Bank Rakyat Fixed Deposit Offer
Date: 10 November 2022 – 31 January 2023
Minimum deposit amount: RM10,000
Interest Rate: 6 months – 4.05%p.a.
Conditions: Must be deposited through the bank counter.
