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BSN launched a time deposit offer with an effective interest rate of 4.12%p.a. for 6-month deposits.

18/02/2023

BSN is offering up to 5.88%p.a. time deposit offer, but part of the funds must be deposited in BSN SSP Platinum.

Bank of National Savings (BSN) is offering a 5.88% p.a. time deposit offer, however, users must divide their funds into 2 parts, 70% into time deposit and 30% into BSN SSP Platinum.

The BSN fixed deposit offer requires a minimum deposit of RM5,000 for a period of 6 months, but the funds must be divided into 2 parts, 70% in the fixed deposit which is entitled to 5.88%, and 30% in BSN SSP SE which is entitled to only 0.01%.

The final Effective Rate will be 4.12% p.a. as the funds need to be divided into 2 parts. This offer will run from February 15 to August 15, 2023.

BSN Time Deposit Offer
Date: February 5, 2023 – August 15, 2023
Interest rate: Effective rate 4.12%p.a.
Deposit Period: 6 months
Minimum deposit amount: RM5,000
Conditions.
1. Need to divide the fund into 2 parts.
2. 70% of the funds should be deposited in Time Deposit and 30% in BSN SSP Platinum.
3. Must be deposited through the bank counter.

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