Maybank Singapore Dollar Time Deposit
Earn higher interest, access overdraft facilities secured against your deposit; renew your deposit placements automatically upon maturity.
Promotion
 | Score up to 1.60% p.a. in Singapore Dollar Time Deposit For every S$1,000 deposited in your savings account, you can place S$10,000 in Maybank Singapore Dollar Time Deposit. | |
 | Deposit online and earn 1.75% p.a. With minimum deposit of S$50,001 in 24-month Maybank iSAVvy Time Deposit. | |
Overview
|
| ||||
|
|
Choice Date
Refer to the table for the interest rates applicable to Choice Date Time Deposit:
Choice Date period | Interest rate applicable |
30 to 59 days | |
60 to 89 days | |
90 to 179 days | |
180 to 269 days | |
270 to 359 days | |
360 to 539 days | |
540 to 719 days | |
720 to 999 days |
Eligibility
- Minimum age: 16 years old
- Initial deposit:
- S$1,000 for tenures from 2 to 36 months
- S$10,000 for 1-month tenure and Choice Date with flexible tenure
- S$1,000,000 for a 1-week tenure, applicable only to corporate accounts
Documents Requirement for Singapore Citizens or Permanent Residents
- NRIC
Documents Requirement for Foreigners
- Passport
- Employment Pass
- Proof of Mailing Address (i.e. Utility/Telco/Bank statement with another bank in Singapore) where name must be the same as your Passport and Employment Pass
Fees and Charges
Description | Fees and Charges |
Others | Please click here to view the other Bank charges applicable for our services |
Useful Links
- Premature withdrawal of less than 3 months - No interest will be paid
- Premature withdrawal of more than 3 months - The interest is pro-rated based on the number of days the Time Deposit is placed, calculated on the lowest tier of the prevailing Savings Account rate at time of withdrawal or the contracted rate, whichever is lower.
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
Important Notices
6-digit SMS OTP for Online Banking, Mobile Banking and Phone Banking
Avoid possible suspension of your unsecured credit facilities
Credit Card
Online Security
Find out how we've made M2U secure - and how you can keep your online banking experience worry free