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| Personal : Deposit > Islamic Banking > Savings Account-i |
| Savings
Account-i |
The Savings Account-i is an affordable everyday account that operates with a passbook. All you need is a minimum initial deposit of just S$10. What's more, the average daily balance requirement is only S$200.
Eligibility
Savings Account-i is available as a personal or joint account. To open an account, you need to: |
- Be at least 15 years of age. The account can also be opened in your child's name as a trust account with you as the sole account operator
- Be Singapore Citizens or Singapore Permanent Residents*
Benefits
With our Savings Account-i, you'll enjoy: |
- Easy cash withdrawals via your ATM card
- Withdraw cash without any transaction fees at more than 140 ATMs in Singapore via the atm5 Shared ATM Network
- Withdraw cash** in local currencies from over 1,000 Maybank ATMs in Brunei, Philippines, Malaysia and Singapore.
- 24-Hour account access via our ATMs, Cash Deposit Machines, Dial-Link (PhoneBanking), Maybank2u.com.sg and Mobile Banking
- Easy transaction monitoring - just update your passbook at any Branch or Passbook Update Machine to view transaction details
- Maybank Visa Money Transfer - Transfer funds from your Savings Account to any Visa card overseas at attractive rates.
- Interbank GIRO - Let Interbank GIRO take care of payment for all your local bills.
- "Hibah" or "token" in the form of dividends may be distributed to you at the Bank's discretion.
Open the account today and you will enjoy a 6 months waiver of the fall below fee!***
To apply,
visit any of our 22 Branches in Singapore. Service fees
and charges may apply.
Questions? Our FAQ may help.
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Non-Singapore NRIC holders need a minimum initial deposit of S$500 to open a Savings Account and have to maintain a minimum average daily balance of S$500 to enjoy a waiver of the S$5 service fee. |
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S$3 service fee will be levied for each overseas transaction. |
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Should the average daily balance of the account fall below $200, a monthly minimum balance fee of $2 would apply. However, this fee would be waived for 6 months from the date of the account opening to allow you time to build up your savings to the desired level. |
Copy of the Terms and Conditions may be downloaded or obtained from any of our 22 Branches. |
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| Singapore dollar deposits ("insured deposit") placed by an individual (excluding sole proprietorships and partnerships), charity or such persons prescribed in the Deposit Insurance Act 2005 (the "Act") with the Bank will be insured pursuant to the terms of the Act and up to the amounts provided for in the Act. The insured deposit that is insured under the Act has the meaning prescribed in the Act. |
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