BSN offers up to 4.50%p.a. on time deposits
Bank of National Savings (BSN) is offering a 4.50% p.a. time deposit offer, but users must split their funds into 2 parts, 70% in time deposit and 30% in BSN SSP SE.
BSN is offering a 6 months time deposit offer with a minimum deposit of RM5,000, however, the funds must be divided into 2 parts, 70% in time deposit which is entitled to 4.50% and 30% in BSN SSP SE which is entitled to 0.05%.
Since the funds need to be divided into 2 parts, the final Effective Rate will be 3.17%p.a. This offer will run from October 16 to December 31, 2022.
BSN Time Deposit Offer
Date: October 16 – December 31, 2022
Interest rate: Effective rate 3.17%p.a.
Deposit Period: 6 months
Minimum deposit amount: RM5,000
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.