RHB will launch a new fixed deposit offer on October 24.
According to the news issued by RHB, a new special e-Term Deposit offer will be launched on October 24, 2022, users can stay tuned to the latest news issued by RHB on October 24, Deepavali.
It is generally expected that RHB may launch 3.55% to 4.00% p.a. fixed deposit offers, but these time deposit offers may require deposit for 12 months or more. Currently RHB is offering a 12-month 3.55% p.a. time deposit offer at the bank counter.
RHB previously offered e-FD for 6 months and 12 months, which is also known as online fixed deposit offer. The offer was 3.25%p.a. for 6 months and 3.40%p.a. for 12 months. But this fixed deposit offer has ended on October 17.
All banks in the country are offering high interest rates to attract customers to deposit, Bank Islam is offering 4.00%p.a. for 6 months, 4.20%p.a. for 12 months and 4.40%p.a. for 18 months, AmBank is also offering 3.50%p.a. for 12 months.
Here it is recommended to choose only 3 months or 6 months fixed deposit offer for deposit, as the National Bank may raise the interest rate at least 2 more times in the next 6 months. Choose a shorter term fixed deposit to deposit so that you can enjoy a higher interest rate first when the bank raises the time deposit rate.
