Term Deposit-i
A term deposit account which offers you up to 60 months tenure with predetermined fixed profit rate based on the Shariah concept of Tawarruq.
Protected by PIDM up to RM250,000 for each depositor
A term deposit account with predetermined fixed profit rate specifically for your children aged below 18 years.
Protected by PIDM up to RM250,000 for each depositor
Term Deposit-i
Shariah Concept
Tawarruq
Have you ever wondered how the Shariah aspects of MBSB Bank's Tawarruq products are developed? Now you can explore various topics of Islamic Finance from the SKIL Robo-Shariah-Advisor Module, equipped with advanced knowledge processing capabilities that enables you to learn and understand the true Shariah aspects of Tawarruq. Click here to know more.
Eligibility Criteria
- Individual or Joint Account Holder aged 18 years and above (residents and non-residents)
Initial Deposit
RM500.00
Tenures
Flexible tenures from 1 month until 60 months
Features / Benefits
- Pre-determined profit rate
- No brokerage fee
- Flexible profit payment options (monthly, quarterly or upon maturity)
- Partial withdrawal is not allowed
Profit Rate
| Tenure | Rates Per Annum/ Profit Payment | ||
|---|---|---|---|
| Month(s) | Maturity | Quarterly | Monthly |
| 1 | 1.85 | Not Applicable | Not Applicable |
| 2 | 1.85 | Not Applicable | Not Applicable |
| 3 | 1.90 | Not Applicable | Not Applicable |
| 6 | 1.95 | Not Applicable | Not Applicable |
| 9 | 2.05 | Not Applicable | Not Applicable |
| 12 | 2.15 | Not Applicable | Not Applicable |
| 15 | 2.20 | 2.15 | 2.10 |
| 18 | 2.25 | 2.20 | 2.15 |
| 24 | 2.30 | 2.25 | 2.20 |
| 36 | 2.35 | 2.30 | 2.25 |
| 48 | 2.40 | 2.35 | 2.30 |
| 60 | 2.45 | 2.40 | 2.35 |
Junior Term Deposit-i
Shariah Concept
Tawarruq
Have you ever wondered how the Shariah aspects of MBSB Bank's Tawarruq products are developed? Now you can explore various topics of Islamic Finance from the SKIL Robo-Shariah-Advisor Module, equipped with advanced knowledge processing capabilities that enables you to learn and understand the true Shariah aspects of Tawarruq. Click here to know more.
Eligibility Criteria
- Individuals aged below eighteen (18) years old and subject to the account being operated by a trustee.
- Trustee Account – Account will be opened jointly with parents or legal guardians or trustee.
Initial Deposit
RM500.00
Tenures
Flexible tenures from 1 month until 60 months
Features / Benefits
- Pre-determined profit rate
- No brokerage fee
- Flexible profit payment options (monthly, quarterly or upon maturity)
- Partial withdrawal is not allowed
Profit Rate
| Tenure | Rates Per Annum/ Profit Payment | ||
|---|---|---|---|
| Month(s) | Maturity | Quarterly | Monthly |
| 1 | 1.85 | Not Applicable | Not Applicable |
| 2 | 1.85 | Not Applicable | Not Applicable |
| 3 | 1.90 | Not Applicable | Not Applicable |
| 6 | 1.95 | Not Applicable | Not Applicable |
| 9 | 2.05 | Not Applicable | Not Applicable |
| 12 | 2.15 | Not Applicable | Not Applicable |
| 15 | 2.20 | 2.15 | 2.10 |
| 18 | 2.25 | 2.20 | 2.15 |
| 24 | 2.30 | 2.25 | 2.20 |
| 36 | 2.35 | 2.30 | 2.25 |
| 48 | 2.40 | 2.35 | 2.30 |
| 60 | 2.45 | 2.40 | 2.35 |