Fixed Deposit Rate 2020

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  • Fixed Deposits Interest Rate. The Bank pays interest on deposits as per various deposit schemes. Interest Rates are revised from time to time and made known to public. Revised interest rates are applicable only to the renewals and fresh deposits while existing deposit continue to get interest at the contracted rate.
  • We use cookies to improve your journey and to personalize your web experience. By continuing to use this site, you are accepting the bank’s cookie policy. Fixed Deposits Open FD. Domestic Fixed Deposits. Domestic General.

Minimum opening deposit of R10 000. Customers must be invested in Retirees Value Proposition. An investment account with a fixed term, typically giving you a higher interest rate than investments available overnight or with notice. ICICI Bank Golden Years FD Rates (w.e.f 20 may'20) Now get an exclusive additional interest rate of 0.30% per annum on your Fixed Deposits above 5 years tenure Resident Senior citizen customers, will get an additional interest rate of 0.30% for limited time over and above existing additional rate of. The monthly deposits for account opened between 1 to 15 should be credited up to 15 th of the month and account opened between 16 to the last of the month monthly deposit should be credited by last day of the month. If the monthly installment is not credited.

RateRate

Deposits have a much lower risk as compared to other volatile products. They offer a better peace of mind and a higher level of assurance that your money will always be there

Note: Terms & conditions apply for the following promotions. Be sure to read in detail before going in for it.

In a heavily summarised definition:

  • Fixed / Time deposits require you to place funds (usually fresh funds) in a account for a specified amount of time
  • Incremental balance promotions require you to increase your average balance of your account from a defined period with fresh funds.
  • Fresh funds refer to funds transferred from accounts outside the bank. Over-the-counter or machine cash deposits are usually fine too but do take note banks may charge for large cash deposits
Fixed Deposit Rate 2020

New promotions are added to the bottom of the list

  1. Singapore Savings Bonds – Government Security; High p.a.; Min $500; Requires free CDP account; No penalty for early withdrawal; Interest payments every 6 months after issuance
  2. Maybank: Earn up to 1.0% p.a. with their latest time deposit rates from 2 October 2020**BEST for funds up to $1m**
  3. HSBC offers 1.10% p.a. for 24-mth Singapore Dollar Time Deposits (as of 2 Oct 2020)**BEST for funds up to $49,999**
  4. Singapore Savings Bond (SSB): Earn up to 0.97% p.a. in the latest bond – Apply by 23 Feb**BEST for lowest risk deposit up to $200,000**

Last updated 7 Feb 2021. Click these links for latest Fixed Deposit or Time Deposit Promo

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