Hong Leong Bank Fixed Deposit
- New placements and withdrawals made anytime via Hong Leong Connect.
- Account and placement details can be viewed upon successful placement.
- Choice of terms from 1 – 12 months.
- Receive interest at regular intervals, or upon maturity.
- Option for auto renewal.
- Flexibility to make early-partial withdrawals from your FD and still earn FD interest on remaining balance (Partial withdrawal must be in multiples of RM1,000).
This month, Hong Leong is offering 0.65 per cent p.a. For 24 months or 0.62 per cent for 18 months, but it also requires a significantly larger sum of $20,000. Before you lock up that much in a. Hong Leong Bank website; Hong Leong Bank credit, debit and debit-i cards; Merchant payment acceptance services (POS terminal machines and tablets) CornnectBiz, Connect First and ConnectGov; Retail Internet Banking; Jompay; ePay; FPX; Interbank Giro (IBG) Direct Debit; Tectia; Nationwide: 26 November 2018: 12.00am – 5.30am: 9 December 2018: 4. An easy way for Hong Leong Finance’s customers to place deposits and repay loans from the comfort of their home. Deposits are insured up to S$75,000 by SDIC. Place Fixed Deposit Online in 3 Easy Steps Hong Leong Finance's customers can now place deposits from the comfort of their home.
Eligibility
Hong Leong Bank Fixed Deposit Interest Rate
- Minimum deposit of RM5,000 for 1 month placement and RM500 for 2 months and above.
- For individuals with Hong Leong Conventional / Islamic Current or Savings Account.
- Malaysian 18 years old and above.
Protected by PIDM up to RM250,000 for each depositor.
Premature Withdrawals (effective 27 September 2018 until 31 December 2018)
Where a e-Fixed Deposit is uplifted, in partial or in full, before maturity the following rules shall apply:
a. No interest is to be paid:
i. any deposits placed for periods of one (1), two (2) or three (3) months that has not run the full period
ii. any other e-Fixed Deposit uplifted before the completion of three (3) months
b. Interest is payable for e-Fixed Deposit uplifted after the completion of three (3) months and will be at half (1/2) the original contracted interest rate for each completed month.
Premature Withdrawals (effective 1 January 2019)
No interest shall be payable on partially withdrawn amounts and premature withdrawals of e-Fixed Deposit.
| Tenure | Interest Rate (p.a.) |
|---|---|
| 1 month | 1.20% |
| 2 months | 1.50% |
| 3 months | 1.55% |
| 4 months | 1.55% |
| 5 months | 1.55% |
| 6 months | 1.60% |
| 7 months | 1.60% |
| 8 months | 1.60% |
| 9 months | 1.60% |
| 10 months | 1.60% |
| 11 months | 1.60% |
| 12 months | 1.60% |
Deposit Details
| 13 mths | 24 mths | 36 mths | |
|---|---|---|---|
| $20k & Above | 0.52% p.a. | 0.65% p.a. | 0.75% p.a. |
Receive up to 0.75% p.a. interest for Hong Leong Finance
Receive 0.75% p.a. interest for Hong Leong Finance 36 months fixed deposit when you deposit fresh funds via Online Instruction Form & PayNow
Receive 0.65% p.a. interest for Hong Leong Finance 24 months fixed deposit when you deposit fresh funds via Online Instruction Form & PayNow
Receive 0.52% p.a. interest for Hong Leong Finance 13 months fixed deposit when you deposit fresh funds via Online Instruction Form & PayNow
Receive 0.73% / 0.63% / 0.50% p.a. interest for Hong Leong Finance 36 / 24 / 13 months fixed deposit when you deposit fresh funds via Over the Counter
Only for fresh funds with minimum $20,000 deposit
Automatic renewals of fixed deposits at broad rates upon expiry
Retail customers may renew or withdraw their Fixed Deposit via the Instruction Form
Placement via Hong Leong Finance Branches
Hong Leong Bank Fixed Deposit Rate
Promotions
Receive 0.45% p.a. interest for Hong Leong Finance 6 months fixed deposit + High Tea Jubilee Set for Two worth $88 when you deposit fresh funds of minimum $200,000 via Online Instruction Form & PayNow
Click here to go to Hong Leong Finance website for more details
Historical Chart and Deposit Rates
Hong Leong Bank Online Banking
* Interest Rates based on highest fixed deposit rate with
maximum deposit amount of $75,000 and 3 to 18 months tenure
Hong Leong Bank Fixed Deposit Credit Card
Hong Leong Finance current highest fixed deposit rate is 0.52% p.a. for 12 months tenure with minimum deposit of $20,000.
The current highest fixed deposit rate is a Hong Leong Finance fixed deposit promotional rate
The current Money Lobang National Average Fixed Deposit Rates for March 2021 is 0.46% p.a.
Hong Leong Bank Fixed Deposit Promotion
The average monthly highest fixed deposit rate for Hong Leong Finance since 2018 is 1.32% p.a.
Hong Leong Bank Fixed Deposit Account
Hong Leong Finance runs fixed deposit promotional campaigns every month