According to the official website of Public Bank, the preferential rates for six-month, nine-month and 12-month fixed deposits have been reduced by 0.05 percent p.a. each.
For time deposits held over the counter, the preferential interest rate for six-month time deposits has been reduced from 3.65%p.a. to 3.60%p.a., nine-month from 3.70%p.a. to 3.65%p.a., and 12-month from 3.75%p.a. to 3.70%p.a. The preferential interest rate for time deposits held over the counter has been reduced by 0.05%p.a. each, according to Public Bank’s official website.
For time deposits placed online, the preferential interest rate for 6-month time deposits has been reduced from 3.70%p.a. to 3.65%p.a., for 9-months from 3.75%p.a. to 3.70%p.a. and for 12-months from 3.80%p.a. to 3.75%p.a.
Public Bank Fixed Deposit
A. eFD
Date: March 15 – March 31, 2024
Minimum Deposit: RM5,000
Interest Rate:
3 months – 3.60%p.a.
6 months – 3.65%p.a.
9 months – 3.70%p.a.
12 months – 3.75%p.a.
Minimum Deposit: RM5,000
Details: Deposits are required to be made with PBe Online Banking and must be transferred from another bank by means of FPX.
B. Term Deposit
Date: March 15 – March 31, 2024
Minimum Deposit: RM5,000
Interest Rate:
3 months – 3.55%p.a.
6 months – 3.60%p.a.
9 months – 3.65%p.a.
12 months – 3.70%p.a.
Minimum Deposit: RM5,000
Terms and Conditions: Fresh Fund only.
C. Islamic Term Deposit
Date: February 22 – March 31, 2024
Minimum Deposit: RM5,000
Interest Rate:
3 months – 3.55%p.a.
6 months – 3.60%p.a.
7 months – 3.70%p.a.
12 months – 3.70%p.a.
13 months – 3.50%p.a.
15 months – 3.50%p.a.
18 months – 3.40%p.a.
24 months – 3.40%p.a.
Terms and conditions: Deposits can be made online or through bank counters. 7-month and 13-month time deposits can only be made through bank counters.
