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BSN launches 5.25% p.a. fixed deposit offer, need to divide funds into 2 parts!

25/12/2022

BSN is offering up to 5.25%p.a. time deposit offer, but part of the funds must be deposited in BSN SSP SE.

National Savings Bank (BSN) is offering a 5.25% p.a. time deposit offer, but users must split their funds into two parts, 70% into time deposits and 30% into BSN SSP SE.

BSN is offering a 6 months time deposit offer with a minimum deposit of RM5,000, but the funds must be divided into 2 parts, 70% in time deposit which is entitled to 5.25% and 30% in BSN SSP SE which is entitled to only 0.01%.

Since the funds need to be divided into 2 parts, the final Effective Rate will be 3.68%p.a. This offer will run from December 5, 2022 to March 31, 2023.

BSN Time Deposit Offer
Date: December 5, 2022 – March 31, 2023
Interest rate: Effective rate 3.68%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 SE.
3. Need to deposit through bank counter

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