Savings Accounts
In an effort to encourage savings, our company welcomes all private individuals
to open savings accounts with us.
We offer attractive interest rates on savings accounts. Rates are uniform
irrespective of balance of accounts, unlike savings accounts offered by most
financial institutions.
Our current savings interest rate is 2.25% computed on daily-rest basis with
effective from 20th October, 2005.
Frequently Asked Questions
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Can non-residents open a savings account with your company?
Yes, subject to any currency and other restriction imposed by the
Government from time to time. Savings interest shall, however, be subjected to
withholding tax.
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What is the minimum amount required to open a savings account?
RM500.00 for new customer, or RM50.00 for those who also have
fixed deposit account with us.
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Do you have any Automatic Teller Machines facility?
As we are not a full-fledge banking institution, we do not
provide ATM services at the moment.